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Foreclosure Law Lawyers In Stamping Ground Kentucky

Stamping Ground is a city in Scott County, Kentucky, United States. The population was 566 at the 2000 census. It is part of the Lexington–Fayette Metropolitan Statistical Area. It was named for the activity of herds of bison in the area. The town was established in 1817 and named Herndonsville for the local Herndon family. In 1834 the name was changed to Stamping Ground. A Stamping Ground post office operated for a short time in 1816. The Herndonsville post office operated from 1823 until 1834, when it was renamed Stamping Ground.

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...