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Foreclosure Law Lawyers In Paris Kentucky

Paris is a city in and the county seat of Bourbon County, Kentucky, United States. It is part of the Lexington-Fayette, KY Metropolitan Statistical Area. Settled in 1775, it lies 113 miles (182 km) east of Louisville, on the Stoner Fork of the Licking River. The town was originally known as Hopewell, Virginia when it was chartered in 1789. The name was changed in 1790 to reflect appreciation for French assistance during the Revolutionary War. Its tourism motto is "Horses, history and hospitality". Paris was first chartered as a city in 1862. In 1900, 4,603 people lived here; in 1910, 5,859; and in 1940, 6,697. The population was 9,183 at the 2000 census. Its ZIP code is 40361.

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...