Kentucky Foreclosure Law and Procedure

Here is a summary of foreclosure laws and rules for the State of Kentucky:

  • In Kentucky foreclosure law requires lenders to use judicial foreclosure.
  • The lender can repossess the property immediately if the house is abandoned. The right of redemption exists only if the house sells for less than two-third of the appraised value.
  • Deficiency judgments are permitted in Kentucky.
  • Much more information is available throughout this website, but for definitive advice ask a Kentucky lawyer.

If you are interested in reading the actual statutes relevant to mortgage and foreclosure in Kentucky those laws are available online.
Learn more about what the above procedures and rules mean. Review the homeowner foreclosure guide on this website.