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Foreclosure Law Lawyers In Neon Kentucky

Fleming-Neon is a city in Letcher County, Kentucky, United States. The city was established by the Elkhorn Coal Corporation which moved in to the area in 1913. Fleming was the location of the mine and named for its first president George W. Fleming. A city named Chip existed near the community that became Fleming and it was quickly built up and served as a trading center for the nearby coal towns. The train that hauled the coal out of Fleming would make stops in Neon and it is an accepted legend by locals that a man on the train would yell instructions to people climbing on board the train saying "Knee On" This was soon changed to Neon and replaced the name Chip. In 1977 the two towns merged becoming Fleming-Neon. The population was 840 at 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...