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Foreclosure Law Lawyers In Shelbyville Kentucky

Shelbyville is a city in Shelby County, Kentucky, United States. It was founded on land donated by William Shannon in 1792 and named for Kentucky's first governor, Isaac Shelby. The population was 10,085 at the 2000 census, and estimated at 11,294 in 2008. It is the county seat of Shelby County,, located in nearly the center of the county.

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...