CBN News On Foreclosure Rescue

CBN News ran a television report recently on a Virginia Beach, Virginia homeowner who got caught up in a foreclosure rescue scam and is fighting back to keep his home. Reportedly, the company that took his house was legally forced to give it back -- and only because of a technicality. But because the company failed to make the mortgage payments, he's still fighting to hold onto it. Attorneys Tanya Bullock and Wanda Cooper represent the homeowner.

• "The main thing is he was not informed of what was happening," Bullock said. "He thought he was re-financing. He ended up doing a full-fledged sale with the option to rent or lease the house back and with no right to cancel."

To watch the report, see Foreclosure Scams - Don't Get Taken; or go here to read the online article.

Go here for information on other foreclosure rescue litigation filed by the law firm Bullock & Cooper.

For more on equity stripping scams, generally,see DREAMS FORECLOSED: The Rampant Theft of Americans' Homes Through Equity-stripping Foreclosure 'Rescue' Scams (4.61 MB approx.).