Mortgage Rescue Fraud
If you are facing foreclosure, you have received a flood of mail from people trying to
“help” you. These range from attorneys soliciting your bankruptcy business to people who want you to give them the deed to your house – usually for free. Why would you do this? These scammers tell you that they will rescue you from foreclosure. They will find an “investor” to buy your house and maybe lease it to you and sell it back to you someday. If you have any equity in your house, these predators will steal it from you and you will certainly lose your house to them. Lakelaw knows how to attack this type of fraud. We sue the “investor” as well as the people who set you up in this deal. It does you no good to “save” the house from foreclosure if you will certainly be evicted from your house a few months later for “non-payment of rent.” A deed in lieu of foreclosure to a lender may be a valid resolution of a difficult mortgage situation. Otherwise, it’s your house – don’t give anyone a deed to your house without competent legal advice.
