Mount Savage is an unincorporated community in Allegany County, Maryland, United States. A small blue-collar community, Mount Savage lies at the base of Big Savage Mountain in the Allegheny Mountains, between the cities of Frostburg and Cumberland. It began as a small farming settlement in the mid-1800s, but it was not until 1844 that the region was put on the nation's map with the pressing of the first iron rail in the United States. After this claim to fame, Mount Savage became the fifth largest city in Maryland. Named as the headquarters for the Mount Savage Railroad and later the Cumberland and Pennsylvania Railroad, the area was deemed an industrial center. In addition to the rail businesses, Mount Savage attracted a foundry, two brick refractories, and several local merchants. In this company town, the industries shaped the economy and topography of Mount Savage, building housing for workers and donating land for schools, churches, and other public buildings. It was a cultural melting pot attracting English businessmen and Irish, Scottish, Welsh, Italian, and German workers. With this diverse mix of cultures, the identity of Mount Savage was molded into a close-knit community. Despite the loss of the industries to the region, Mount Savage continues to celebrate its hard-working traditions.

Foreclosure Law Lawyers In Mount Savage Maryland

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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 Maryland

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...