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Foreclosure Law Lawyers In Seco Kentucky

Seco is an unincorporated community in Letcher County, Kentucky, United States. Located in the eastern part of the state, it lies about 6 miles (9 km) E of Whitesburg. The area was inhabited in the late 19th century, but did not receive a post office until 1915: the name derives from the South Eastern Coal Company, which owned the land. The mines are now defunct, although a small mine may still be visited, to some extent, about 500 from the center of town. The main business is the small Highland Winery, established in the mid‑1990s. Tom Gish, longtime publisher of The Mountain Eagle weekly newspaper in nearby Whitesburg, was born in Seco.

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...