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Foreclosure Law Lawyers In Mount Washington Kentucky

Mount Washington is a city in northeast Bullitt County, Kentucky, United States. The population was 8,485 at the 2000 census. The estimated population as of 2006 was 11,761. It is located at was once the crossroads of two stagecoach routes, which spurred early population growth and the incorporation in 1822 of a town called Mt. Vernon, after George Washington's home. The name was changed to Mount Washington in 1833 to avoid confusion with Mount Vernon in Rockcastle County. Mount Washington became the economic center of Bullitt County by the 1850s. In the Autumn of 1862, the town was held by John Wharton's Confederate cavalry, who skirmished with Maj. Gen. Thomas L. Crittenden's men north of Mount Washington along Floyds Fork on October 1. A defeat the following day lead to a Confederate retreat from the area. Mount Washington's industries aged and by the 1930s it was no longer the most prominent town in the county. The decline continued when fire burned much of the business district on November 18, 1940. Mount Washington enjoyed an influx of new residents starting in the late 1960s with the opening of General Electric's Appliance Park nearby. The population grew from 2,020 in 1970 to over 8,000 by the 2000 census.

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