Avoid Foreclosure Scams

bigstock-Hope-Ave-And-Promise-Way-3718427Denbigh Law Center does not provide services to renegotiate your mortgage(s). The Bankruptcy Code itself does not provide a mechanism whereby your first mortgage payments can be reduced. However, resources are readily available from various websites to determine if you are eligible for such adjustments under the newly established “Making Home Affordable” programs.

 

See in particular: http://makinghomeaffordable.gov/

Please be aware of the following:

  • There is never a fee to get assistance or information about the Making Home Affordable programs from your lender or a HUD-approved housing counselor.
  • Beware of any person or organization that asks you to pay a fee in exchange for housing counseling services or modification of a delinquent loan.
  • Beware of anyone who says “We can ‘save’ your home if you sign or transfer over your deed to your house.” Do not sign over title to your property to any organization or individual unless you are working directly with your mortgage company to forgive your debt.
  • We recommend that you ONLY use HUD certified counseling agencies. Call 1.800.CALL.FHA (800 225-5342) to find a HUD-certified housing counseling agency.
  • Never make your mortgage payments to anyone other than your mortgage company without that company’s specific direction to do so.