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.
Stambaugh is an unincorporated community in Johnson County, Kentucky, United States. Stambaugh's post office was established on February 28, 1905, with Bessie L. Stambaugh as the first postmaster. The community was named after the descendants of Samuel and Philip Stambaugh, who were two of the area's first settlers. Its ZIP Code is 41257. Stambaugh is located at an elevation of 830 feet (253 m).