If You Are Considering Foreclosure, WATCH OUT! Adding Misery, Now "Foreclosure Scams"

[The Cleaner]

This is simply unbelievable - THE LOWEST SCUM OF THE EARTH!!
:mad:

Foreclosure fallout: Rescue scams
Scammers are taking advantage of mortgage holders at their most vulnerable - when they're about to lose their homes.
By Les Christie, CNNMoney.com staff writer
August 24 2007: 3:18 PM EDT

NEW YORK (CNNMoney.com) -- Jennifer Falke and her family had been in their Columbus, Ohio, home for nearly 12 years when they hit a rough patch in 2006. Falke was out of work and fell behind on the mortgage.

Falke said a flood of mailings and flyers then arrived at her door promising help from foreclosure rescue companies claiming to act as an intermediary between her and her lender to keep her from losing her home.

According to Falke, the company she contacted, Foreclosure Assistance Solutions (FAS), simply took her money and did nothing for her. And by delaying a workout with her lender, it made getting back on track harder and more expensive.

"I called the company, thinking it was the best thing I could do," she said. "They told me they could help. But one of the first things they said was, 'Don't call your mortgage company. If you do they'll tack on fees.'"

For a $1,200 payment, according to Falke, FAS claimed it would handle everything, including calls to the lender, but she charges it did nothing.

"Every time I got enough together to pay off the arrears, they would say the amount had increased." Falke received an income tax refund that she wanted to put toward a payment. But according to her, FAS said her mortgage company said it wasn't enough.

"Then they stopped answering my calls. I would leave a message every day," Falke said. "One day, they told me, 'We're dropping your case' and hung up on me."


http://money.cnn.com/2007/08/22/real_estate/foreclosure_rescue_scams/index.htm