Somerset is a city in Pulaski County, Kentucky, United States. The city population was 11,352 at the 2000 census. The population of the Somerset Micropolitan Statistical Area was 56,217 at the 2000 census. The 2009 estimated population is 12,320 for the city of Somerset. The Somerset Micropolitan Statistical Area is 60,148.
Foreclosure Law Lawyers In Somerset Kentucky
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.