Friday, September 7, 2012

When Facing Foreclosure Be Aware Of Mortgage Relief Scams

When Facing Foreclosure Be Aware Of Mortgage Relief Scams

Bankruptcy and Foreclosure – Saving Your Home in Bankruptcy
King and King Bankruptcy Attorneys 9/7/2012 

The thought of losing your home is a frightening one, and it can make some solutions that would normally seem too good to be true seem like a good idea. Today Fox News reported on six Mortgage Relief Scams that anyone facing foreclosure should be aware of.

  1. Scammers posing as official counselors
  2. Offering to perform a mortgage audit
  3. Money-back guarantees
  4. Advising you to stop contacting your lender
  5. Misrepresented attorneys general settlement
  6. Mass joinder scam

Read the full article here

Chapter 13 bankruptcy may be able to save your home. Because of the complexity and recent major changes to the law, consult competent legal counsel before you file any chapter of bankruptcy.  A good attorney can review your employment status and credit as well as personal circumstances to help you pursue a debt relief solution that is appropriate for your situation and goals.  Furthermore, if a deal seems too good to be true, have an attorney look at it before you make a costly commitment.  
King and King in Atlanta GA can help; call today 404-524-6400