Tuesday, January 20, 2009

Stop Foreclosure Scam

Two men convicted in Kansas foreclosure scam - Kansas City Star:

"The government accused the men of persuading people behind in mortgage payments to pay a monthly fee to stop foreclosure proceedings.

Under federal law, a bankruptcy filing triggers an automatic freeze on foreclosure sales."

Always wondered how many of those ads you saw were just wrappers around a bankruptcy filing. Now we know at least one was...
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