Laurie
Haslet,#2Consumer Comment
Thu, April 16, 2009
Its illegal to charge upfront fees on a loan modification before doing any work at all. Add to it that they did nothing at all and it even more illegal. CONTACT THE STATES ATTORNEY GENERALS, your state and the state they are out of. ALSO READ ABOUT SPOTTING AND AVOIDING LOAN MODIFICATION SCAMS ON THE FEDERAL TRADE COMMISSION WEBSITE - look for Foreclosure Rescue Scams: Another Potential Stress for Homeowners in Distress The possibility of losing your home to foreclosure can be terrifying. The reality that scam artists are preying on the vulnerability of desperate homeowners is equally frightening. Many so-called foreclosure rescue companies or foreclosure assistance firms claim they can help you save your home. Some are brazen enough to offer a money-back guarantee. Unfortunately, once most of these foreclosure fraudsters take your money, they leave you much the worse for wear. The scam artist tells you that he can negotiate a deal with your lender to save your house if you pay a fee first. You may be told not to contact your lender, lawyer, or credit counselor, and to let the scam artist handle all the details. Once you pay the fee, the scam artist takes off with your money. Companies like this PREY on those who make a CHOICE not to do any research first. There is a ton of Consumer Protection Information on the internet - YOU have to be willing to look for it!