The U.S. Federal Trade Commission or FTC last year spotted nearly seventy one companies running distrustful foreclosure release advertisement. This year Better Business Bureau named foreclosure release fraud with its top scams.
The two general scams spotted in September Foreclosure Resource Guide are now available now. The agent of a foreclosure rescue company assures you to agree a deal with your lender and instruct you not to contact your lender, lawyer or credit counselor all through the concession. Once you pay the fees or a few months of mortgage expenses the scam agent will disappear.
The scam agent promises to fend off foreclosure in trade for upfront fee. Instead of obtaining you lawful aid the scam agent will take fees and secretly file liquidation case in owner name.
The two general scams spotted in September Foreclosure Resource Guide are now available now. The agent of a foreclosure rescue company assures you to agree a deal with your lender and instruct you not to contact your lender, lawyer or credit counselor all through the concession. Once you pay the fees or a few months of mortgage expenses the scam agent will disappear.
The scam agent promises to fend off foreclosure in trade for upfront fee. Instead of obtaining you lawful aid the scam agent will take fees and secretly file liquidation case in owner name.
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