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Foreclosure Law Lawyers In Louisville Kentucky

Louisville is the largest city in the U.S. state of Kentucky, and the county seat of Jefferson County. Since 2003, the city's borders have been with those of the county because of a city-county merger. The city's estimated population as of 2008 was 713,877 (consolidated; balance total is 557,224), with a population of 1,244,696 in the Louisville metropolitan area. An important internal shipping port in the 19th century, Louisville is today most well known for the Kentucky Derby, the widely watched first race of the Triple Crown of Thoroughbred Racing. Louisville is situated on the Ohio River in north-central Kentucky at the Falls of the Ohio. Because it includes counties in Southern Indiana, the Louisville metropolitan area is often referred to as Kentuckiana. The river forms the border between Kentucky and Indiana. A resident of Louisville is referred to as a Louisvillian. Although situated in a Southern state, Louisville is influenced by both Southern and Midwestern culture. It is sometimes referred to as either the northernmost Southern city or the southernmost Northern city in the United States. The settlement that became the City of Louisville was founded in 1778 by George Rogers Clark and is named after King Louis XVI of France.

What is foreclosure law?

Foreclosure is the cutting off or termination of a right to property to compel payment of a mortgage or other debt secured by a lien. As to real property, like a house or land, foreclosure is started because of non-payment of the debt and leads to the selling of the property to which the mortgage or lien is attached in order to satisfy that debt. Lawyers who assist with foreclosure issues help struggling homeowners consider their options -- both foreclosure and foreclosure alternatives -- and determine the best course of action. Foreclosure alternatives may include loan modification, short sale, forbearance, reinstatement, and repayment plans.

Answers to foreclosure law issues in Kentucky

Laws prohibit debt collectors from using abusive or deceptive tactics to collect a debt. Unfortunately, many...

This varies from state to state and lender to lender, but most lenders don't start foreclosure proceedings until you...

When facing foreclosure it is important that homeowners understand all of the options available to help prevent...