Scammed
Paying For Foreclosure Help? Beware of Loan Modification Scams
Facing foreclosure is likely a new and uncomfortable experience for you,
and you certainly want to avoid foreclosure at all costs. As eager as
you are to do whatever it takes to save your home, there are many scam
artists out there just as eager to prey on people in your situation.
Many people don’t know there is free help available to them, and these
scammers not only know that, but take advantage of it. You might find
yourself persuaded to pay hundreds or even thousands of dollars to
someone in hopes of resolving your mortgage situation, only to be
frustrated and also scammed out of your hard-earned money.
Scams can be as simple as someone charging you for what should be
a free service, or as complex as trying to con you into believing that
by paying them, the foreclosure process will be halted, when in fact,
once they have your money, they suddenly become “unavailable”. Some
more seasoned scam artists play a good game and are persuasive, but
in fact, have no power to effect your situation with your lender at all.
Although all loan scams aren’t easy to spot, there are some loan scam
alert signs that can help you identify whether you may have been victimized
by a loan or mortgage rescue scam. We have a dedicated team of foreclosure
prevention counselors trained specifically to address these types of scams,
and can report the fraudulent parties to officials and file a formal
complaint on your behalf. If you think you may have been the victim of a
scam, call 888-995-HOPE.





