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Foreclosure Law Lawyers In Middleburg Kentucky

Middleburg is an unincorporated rural community with a post office sitting just off the Green River in central Casey County, Kentucky, United States. The first land owner in the area was Abraham Lincoln I, the grandfather of president Abraham Lincoln, who purchased 800 acres (3.2 km) in the area in 1784. In 1800, Lincoln transferred the land to Christopher Riffe. Riffe built a home there and operated a mill,which began the focal point of the community. He was also the community's first postmaster when the post office first opened on February 11, 1837. He named it possibly for Middleburg, Virginia; or because of its location midway between Liberty and Hustonville.

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...

Federal court opinions concerning foreclosure law in Kentucky