Category: Scams

Is time running out to prevent foreclosure? Have you come to a point where nothing you’ve tried so far has worked…and now you just want to get out of your home to avoid a pending foreclosure…and the burden it entails? After receiving a Notice of Default (NoD), most homeowners, at some point, contact their lender… Continue reading What if I just want out of my house?

You’re in a tough situation…one that may challenge clear thought in even the clearest of thinkers. But, this is a time when you really must be alert when dealing with someone offering to help you modify your mortgage loan…or avoid foreclosure. Although there are legitimate third party companies who have been able to help homeowners effectively… Continue reading 6 Ways to Protect Yourself from Loan Modification & Foreclosure Avoidance Scams

If you’re like me, you tend to trust that our government, at least mostly, looks out for us. Yes, we’re jaded by the Wall Street bailouts, uncontrolled spending, and how they respond to certain events, such as the BP oil spill & Hurricane Katrina. But, by and large, we tend to believe they are there… Continue reading Fake “US Government” Loan Modification Programs

With this type of scam, the scam artist asks you to transfer the title to your home over to him/her to help you prevent foreclosure. With all the sincerity the scammer can muster up, he/she would have you believe that they are able to obtain new and better financing…and they would allow you to remain… Continue reading Home Foreclosure Lease-back & Rent-to-Buy Scams

Scam artists are equal opportunity thieves. They’ll even stoop so low as to prey on good people in desperate situations…such as those facing home foreclosure. The con will go something like this. A scammer will offer to act as a intermediary between the upside-down homeowner and their lender. The scam artist may offer to negotiate… Continue reading Foreclosure “Rescue” Scam & Refinance Fraud

Some scam artists may claim to be able to “eliminate” your home mortgage debt by making one or more “legal arguments” that you are not obligated to pay back your home mortgage loan. Of course, they’ll require an upfront fee to get the legal proceedings in motion. You’re in a jam…and well, they sound like… Continue reading Facing Home Foreclosure? The Debt-Elimination Scam

A scam artist…or even someone well-intentioned…may tell you that filing bankruptcy will stop a home foreclosure. While it’s true that it can, it’s only temporary. Filing bankruptcy brings into play an “automatic stay” that stops any collection and foreclosure proceedings…giving a bankruptcy court time to administer the case. Eventually, you will have to resume paying… Continue reading File Bankruptcy to Avoid Home Foreclosure?

If you’ve fallen behind in your home mortgage payments, a lender reports a Notice of Default (NoD) publicly before it forecloses on a home. This information is fairly easy to get to. For example, SCO maintains a subscription with a respected third-party provider who has authorized access to the records of the counties we focus… Continue reading Notified of a pending foreclosure? The bad guys got notified, too.