Should I be Careful when Hiring Someone to Assist me with my Foreclosure?

January 26, 2012
By Jacksonville Foreclosure Defense Attorney on January 26, 2012 8:15 AM |

Thumbnail image for foreclosure-scam.jpgRemember, there are almost always several options available to you to help defend against a foreclosure. One of the best options is to contact a Jacksonville Foreclosure Attorney who can help you through the process.

However, you must be cautious. There are people out there who are trying to exploit the current economy, swindling people out of their hard-earned money. In Southern California, for example, a man recently plead guilty to bankruptcy fraud and identity theft after years of "helping" people stall a foreclosure.

The man, Frederic Gladle, operated a foreclosure company and told homeowners he would postpone their foreclosure for a monthly fee. It is evident Gladle knew what he was doing was wrong, as he used numerous aliases in his business. He would have the homeowners who hired him sell a very small fraction of their home to a debtor who was going through bankruptcy. Having the homeowner's name attached to the bankruptcy placed an automatic stay on the foreclosure, meaning the lenders were prohibited from foreclosing until receiving permission from the court.

Using this scheme netted nearly $1.6 million for Mr. Gladle over a 4-year period. Almost all of this money was from homeowners struggling to remain in their homes. Mr. Gladle's actions are abhorrent and it is unfortunate that he was able to swindle even one dollar from anyone. If you are facing foreclosure, do your homework before rushing to make decisions and call a Jacksonville Foreclosure Attorney for help.