Richmond is a city largely within Wayne Township, Wayne County, in east central Indiana, which borders Ohio. The city also includes the Richmond Municipal Airport, which is in Boston Township and separated from the rest of the city. It is sometimes called the "cradle of recorded jazz" because some early jazz records were made here at the studio of Gennett Records, a division of the Starr Piano Company. Richmond is the county seat of Wayne County. The city's 2000 population was 39,124. In the 1990s, Richmond's population declined by 1.6 percent. Like many cities that formerly depended on manufacturing, Richmond is having to create a new economy. Its rich architectural heritage and Main Street attest to a strong base. The city has twice received the All-America City Award, most recently in a youth-initiated 2009 effort.

Foreclosure Law Lawyers In Richmond Indiana

Advertisement

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 Indiana

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...