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Foreclosure Law Lawyers In Virgie Kentucky

Virgie is an unincorporated community located along Kentucky Route 1469 in Pike County, Kentucky, United States. Virgie's post office was established as Clintwood on April 3, 1890, with James M. Damron as postmaster. It was later renamed "Virgie" after the daughter of local resident, W.O.B. Ratliff, who was a lawyer and lumber dealer in Pikeville.

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...

Federal court opinions concerning foreclosure law in Kentucky