Louisville Kentucky Complaint to Foreclose Security Interest
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How to fill out Kentucky Complaint To Foreclose Security Interest?
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FAQ
In the absence or unavailability of an inquest prosecutor, the complaint may be filed by the offended party or a peace office directly with the proper court on the basis of the affidavit of the offended party or arresting officer or person.
In Kentucky, the purchaser from the foreclosure sale is entitled to possession of the property after ten days' notice to the former owners. If the foreclosed owners don't leave, the purchaser can get a writ of possession from the court.
Courts Handle the Foreclosure Process in Kentucky When it is determined that a borrower is in default on a loan, the lender files a foreclosure suit with the circuit court. Typically, the homeowner does not respond to the filing, so the court issues a default judgment for the lender.
If you default on your mortgage payments for your home in Kentucky, the foreclosure will be judicial.
After the filing of the complaint before the competent court, the court examines the complainant and its witnesses on the same day or any other day to ascertain whether any offence is made out against the accused person.
The title to the land sold under mortgage foreclosure remains in the mortgagor until the expiration of the redemption period and conveyance by a master deed.
It takes approximately 5 months to foreclose on a Kentucky property. That process may be lengthened if the borrower contests the foreclosure or it may be shortened if the borrower abandons the property during the foreclosure process.
County Attorney Mike O'Connell.
Come to Room 1150, 1st Floor, Hall of Justice and fill out a complaint application. A prosecutor will discuss your complaint with you. The prosecutor will decide if your case fits the criteria for criminal prosecution.