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 they know what they’re talking about. And, they may even cite recent cases they worked on. Sounds like it works, right?
Wrong. The “legal arguments” are invalid…and, the the “recent cases they worked on” are make-believe.
They may have you believe that there are “secret laws” that can successfully be used to eliminate your debt. They may even have you believing that banks do not have the legal authority to lend money.
Don’t be fooled by this scam. Don’t stop making home loan payments based on their claims.
As always, check with your attorney, CPA, etc.