Nevada is a city in Collin County, Texas, United States. The population was 563 at the 2000 census. First settled in 1835 by John McMinn Stambaugh and named McMinn Chapel, the area was settled by Granville Stinebaugh, who named it after Nevada Territory (the local pronunciation, though, has the second syllable as "vay"). Nevada enjoyed some prosperity after becoming a stop on the St. Louis Southwestern Railway, and the town incorporated in 1889. On 9 May 1927, a half-mile wide tornado ripped through Nevada, leaving 27 dead, 75 injured, and property damage exceeding $1 million. The town had a difficult recovery; citizens voted to unincorporate, and placed the restoration of the community in the hands of the Collin County authorities. However, with the growing mechanisation involved in agriculture, along with the Great Depression, caused the town to fall into stagnation. The railroad later removed its tracks from the area. Recent growth in Collin County during the last 25 years has moderately improved life in Nevada. The population has again reached the heights of 1927, and the town reincorporated in 1988.

Foreclosure Law Lawyers In Nevada Texas

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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 Texas

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...