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Foreclosure Law Lawyers In Owingsville Kentucky

Owingsville is a city in Bath County, Kentucky, United States. The population was 1,488 at the 2000 census. It is the county seat of Bath County, and located roughly in the center of the county, at the junction of U.S. 60 and Kentucky Route 36. Owingsville is part of the Mount Sterling Micropolitan Statistical Area. Land for the town was donated by Richard Menefee, a politician and father of Representative Richard Hickman Menefee, and Thomas Dye Owings, owner of a local iron foundry. A local story is that both men wanted to name the town, and the honor was given to Owings after he won a contest to build a finer home. The town was incorporated in 1829. Owingsville is the birth place of Civil War general John Bell Hood, Indiana governors Henry S. Lane and Claude Matthews and Tennessee governor Alvin Hawkins.

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...