Learn More About Foreclosure Law in Nantucket, Massachusetts

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Nantucket is an island 30 miles (48.3 km) south of Cape Cod, Massachusetts, in the United States. Together with the small islands of Tuckernuck and Muskeget, it constitutes the town of Nantucket, Massachusetts, and the coterminous Nantucket County, which are consolidated. Part of the town is designated the Nantucket CDP, or census designated place. The region of Surfside on Nantucket is the southernmost settlement in Massachusetts. Nantucket is a tourist destination and summer colony. The population of the island soars from approximately 10,000 to 50,000 during the summer months, due to tourists and summer residents. According to Forbes Magazine, in 2006, Nantucket had the highest median property value of any Massachusetts zip code. The Nantucket Historic District, comprising all of Nantucket Island, was added to the National Register of Historic Places on December 13, 1966. In doing so the National Park Service paid particular note to the settlements of Nantucket and Siasconset. The island features one of the highest concentrations of pre-Civil War structures in the United States.

Foreclosure Law Lawyers In Nantucket Massachusetts

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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 Massachusetts

How can I protect myself from debt collectors?

Laws prohibit debt collectors from using abusive or deceptive tactics to collect a debt. Unfortunately, many...

How soon after I miss a house payment will the bank begin foreclosure proceedings?

This varies from state to state and lender to lender, but most lenders don't start foreclosure proceedings until you...

What are my options to prevent a foreclosure of my home?

When facing foreclosure it is important that homeowners understand all of the options available to help prevent...