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Foreclosure Law Lawyers In South Williamson Kentucky

South Williamson is an unincorporated town in the Appalachian Mountains of northeastern Pike County, Kentucky, United States, borders with West Virginia. It is separated from Williamson, West Virginia by the Tug Fork River. The town is located 28 miles east of Pikeville, Kentucky and 28 miles southwest of Logan, West Virginia, and can be accessed via U.S. Route 119. South Williamson is protected by a floodwall, built by the US Army Corps of Engineers in response to a devastating flood along the Tug Fork River in 1977. There have only been two uses of the gates thus far, the first occurred in 2002 during a major flood in the region. And the second occurred in 2003, due to anticipation of the rising river getting higher. Notably, in the late 19th century, Pike County and bordering Mingo County, West Virginia provided the setting for the Hatfield-McCoy feud, a bitter feud waged between two feuding families between 1878 and 1891 that has permeated into American History. South Williamson is home to the South Side Mall which is the only mall in the area. The local economy is largely fueled by coal mining, transportation, health care, and retail.

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...