If you are a homeowner in Floyd County, Kentucky — from Prestonsburg and Martin to Wheelwright and Allen — and you are facing the possibility of foreclosure, Dream Financial Management offers confidential, educational mortgage-assistance and loss-mitigation support. This page covers Floyd County, Kentucky only. We are not a law firm and do not provide legal representation.
Complete the form below to begin. All information is kept confidential.
Floyd County sits in the Big Sandy region of Appalachian eastern Kentucky, anchored by the county seat of Prestonsburg along the Levisa Fork. From Martin and the old coal camps of Wheelwright to Allen and the surrounding hollows and ridges, a mortgage hardship can reach any household. When a payment falls behind, the most helpful step is to start the conversation early — before a court case or a scheduled sale narrows the choices still available to you.
The widest range of alternatives usually exists before a lender files a court action. Reinstatement, repayment plans, and modification may be discussed directly with your servicer.
If a foreclosure complaint has been filed, documented loss mitigation often still matters. Keeping a paper trail of every request and response protects your position.
Once a sale is scheduled, options shrink quickly. Homeowners who act beforehand can still explore sale alternatives and clear communication with their servicer.
This content is educational and is not legal advice. Individual results vary and no outcome is guaranteed.
Kentucky is primarily a judicial foreclosure state. Most mortgages are secured by a deed of trust, and a lender generally must file a court action and obtain a judgment before a property can be sold at a county sheriff's sale. Here is how that sequence typically unfolds for Floyd County homeowners.
Step 1
After missed payments, the servicer sends a notice of default and, in many cases, demands the full balance. This is a key window for loss mitigation.
Step 2
The lender files a foreclosure complaint in Kentucky circuit court. If a judgment is entered, a sale can be scheduled, generally by the county sheriff.
Step 3
Kentucky law requires publication and posting of the sale notice. Exact timing is set by statute and court scheduling, so confirm dates with the court.
Step 4
A sheriff's sale transfers the property to a buyer or back to the lender. Kentucky typically provides a limited post-sale redemption period for eligible homeowners.
Because Kentucky foreclosure runs through the courts, dates can move — but they rarely move backward. Homeowners in Prestonsburg, Martin, Wheelwright, Allen, and throughout Floyd County who contact their servicer and begin loss-mitigation paperwork before a sale date is set generally have more options than those who wait. Every situation is different, and no outcome is guaranteed.
This overview is educational only and does not constitute legal advice. Foreclosure procedures are governed by Kentucky statutes and individual loan documents.
Floyd County stretches through the Big Sandy valley and the Appalachian ridges of eastern Kentucky. Our educational foreclosure-prevention support is available to homeowners across the entire county — from Prestonsburg along the Levisa Fork to Martin, Wheelwright, Allen, and the rural hollows and ridge-top communities in between.
The Floyd County seat and its largest community. We help Prestonsburg homeowners understand their options before a filing, during a case, and ahead of a sale date.
Homeowners in and around Martin receive the same confidential, state-correct loss-mitigation review, with no pressure and no cost to begin.
In the county's historic coal-camp community and southern reaches, assistance is available without needing to travel out of the county to begin a review.
From Allen and the surrounding rural roads and family land, support is county-wide — you do not need to live within a city limit to qualify for a review.
Don't see your community listed? Our Floyd County support covers the whole county. Complete the form above to request a free, confidential review.
Servicers evaluate hardship requests on documentation. For Floyd County homeowners, especially where a hardship is tied to a job loss, a drop in coal or mining-related income, or a medical event, having an organized file ready before you call your servicer can make the conversation clearer and more productive.
This information is educational and is not legal advice. No particular outcome, approval, or postponement is guaranteed. For advice specific to your situation, consult a licensed Kentucky attorney.
Common questions from homeowners in Prestonsburg, Martin, Wheelwright, Allen, and across Floyd County, Kentucky.
If you're behind on your mortgage in Floyd County, Kentucky, a free and confidential review can help you understand your options — from loss mitigation and loan modification to reinstatement and repayment planning. There's no cost to begin and no obligation.
Request Your Free ReviewWe are not a law firm and do not provide legal representation. No outcome is guaranteed.
Dream Financial Management provides educational mortgage-hardship and foreclosure-prevention assistance for homeowners in Floyd County, Kentucky. We are not a law firm and do not provide legal representation. This page and its content are for general informational purposes only and do not constitute legal, financial, or tax advice. Foreclosure laws and servicer guidelines vary by state and by individual circumstances, and no particular result — including approval, postponement, reduced payment or rate, principal reduction, or cancellation of a foreclosure — is guaranteed. For advice specific to your situation, consult a licensed Kentucky attorney or a qualified housing counselor. This page applies to properties in Floyd County, Kentucky, whose county seat is Prestonsburg.