Avoiding Foreclosure Defense Scams
Foreclosure Scam Warning Signs
The number of foreclosures In the U.S. has increased dramatically, as a result of the severe recession that has affected the nation in recent years. Along with this increase in foreclosures, there has been an unfortunate increase in scams that promise to protect individuals from the foreclosure process. Many businesses take advantage of these individuals by promising results that they cannot actually obtain.
If you are a homeowner facing foreclosure, you should be wary of any person or business who claims to be a foreclosure expert, especially if they are not a licensed attorney. There are several warning signs to look for that may help you recognize a foreclosure scam, including:
- Offers of a money-back guarantee
- Offers to fill out all necessary paperwork on your behalf
- Collection of fees for service that involve monthly payments without a clearly stated end-date
- Offers involving a "group of investors" who intend to purchase the property in order to lease it back to you
- Offers involving an investor who plans to purchase the property in order to negotiate with the lender for a lower principal balance
- Suggestions for you to transfer the property title to any individual, trust, or "group of investors"
- Law firms or businesses located out-of-state
- Pressure to sign paperwork that you have not reviewed or do not fully understand
Only a licensed Los Angeles foreclosure defense lawyer can provide you with effective representation in your foreclosure case that may significantly improve your chances of a positive resolution to your case.
Los Angeles Foreclosure Defense Lawyer
Experienced assistance from a qualified foreclosure defense attorney can make the difference between success and failure in your foreclosure case. The Law Office of J. Arthur Roberts has provided debt relief services to clients for 20 years, and has the resources available to aggressively defend your home against foreclosure proceedings.
In order to avoid potential foreclosure scams, contact a Los Angeles foreclosure defense attorney who is fully licensed and can provide you with legitimate assistance in your case. |