Several scammers posing as foreclosure specialists get the trust of their victims by promising they will save their houses.
For high fees, which usually range from $500 to $2,000, the criminals guarantee the homeowners that the foreclosure process will stop as soon as they follow their “professional advice” and hand them over the paperwork necessary for the process of filing for bankruptcy.
The truth is yes, the foreclosure process really stops, but what the victims don’t know is that it has only stopped for a short period of time, a month or two, until the bankruptcy process goes through. After that, they are still in trouble.
How to avoid: if you ever consider filing for bankruptcy, do it only with the help of a reputable attorney. Research the “experts”‘reviews and don’t trust their testimonials.