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Foreclosure Law Lawyers In West Liberty Kentucky

West Liberty is a city in Morgan County, Kentucky, United States. The population was 3,277 at the 2000 census. It is the county seat of Morgan County. It is on the banks of the Licking River at the junction of Kentucky Route 7 and US 460. By 1816 an early settlement at the town site was called Wells Mills. When Morgan County was founded in 1823, the settlement was incorporated to become the county seat. The town is actually 100 miles east of Liberty, Kentucky - the name "West Liberty" was chosen in the belief that Pikeville, Kentucky would be called "Liberty" when it incorporated. Three Civil War skirmishes were fought near West Liberty, and much of the town was burned during the war, including the courthouse. It was replaced after the war, and a fourth courthouse was built in 1907.

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