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Foreclosure Law Lawyers In Owenton Kentucky

Owenton is a city in Owen County, Kentucky, United States. The population was 1,387 at the 2000 census. It is the county seat of Owen County. It is located at the junction of US 127 and Kentucky Route 22, about halfway between Louisville and Cincinnati. Owenton was founded in 1822 and named for the county, which was named for Colonial Abraham Owen, a pioneer who died at the Battle of Tippecanoe. The town incorporated on December 18, 1828. The Greek Revival courthouse was built in 1857-58. Owenton's growth in the late 19th century and beyond was limited because a railroad was never built to it. Its population has grown slightly from 1,280 in 1970.

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...