Thursday, January 1, 2009

Scams preying on struggling homeowners

"Valley homeowners facing foreclosure have something else to worry about: Firms and people who offer help but instead steal their money.

The Arizona Attorney General's Office and state regulators are receiving a growing number of complaints about individuals and companies that promise to help people keep their homes for a fee.

The firms offer to negotiate a better rate or loan for the homeowner, but after cashing the check, they stop returning phone calls."

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Scams preying on struggling homeowners

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