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Many scammers are using this hard time to harvest. They might contact you to initiate a negotiation of new payment with your lender on your behalf. Some scammers will file bankruptcy in your name, without your knowledge, to temporarily stop foreclosure. But in the end, it is only temporary. You ended up losing your home to the foreclosure and the money you paid the scammers.
Source: OCC
In a hard time like this, many families are falling behind. If filing bankruptcy is your only option, be sure that filing bankruptcy only temporarily stops foreclosure. It cannot stop foreclosure.
Many scammers are using this hard time to harvest. They might contact you to initiate a negotiation of new payment with your lender on your behalf. Some scammers will file bankruptcy in your name, without your knowledge, to temporarily stop foreclosure. But in the end, it is only temporary. You ended up losing your home to the foreclosure and the money you paid the scammers.
Source: OCC
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Date Added: 2010-08-11 Views : 281
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