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Foreclosure Law Lawyers In Lynch Kentucky

Lynch is a city in Harlan County, Kentucky, United States. It was plotted in 1917 by the US Coal and Coke Company as a company town to house workers at the company's nearby coal mines. It was named for the then head of the company, Thomas Lynch. By the 1940s Lynch had a population of over 10,000 and had such amenities as a hospital and movie theatre. The population declined dramatically in the 1960s and 1970's as mining techniques shifted to less labor-intensive methods. In the 2000 census, the city population was 900. The 2008 population estimate had Lynch's population at 820. Lynch is the nearest city to Kentucky's highest point, Black Mountain, elevation 4,145. Sitting at an elevation of 1,716 feet above sea level, Lynch is Kentucky's highest incorporated city.

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...