Upstate New York Homeowner Stung By Upfront Fee Foreclosure Rescue Scam

In Rochester, New York, WHEC-TV Channel 10 reports:

• Kristy Farrand's house has been in her family for half a century but when her lender wrongly put her home in foreclosure, she feared she might lose it. She was flooded with letters from companies offering assistance. Desperate, she answered one that promised to help her avoid the loss of her property. She took $1300 out of her 401k to pay the upfront fee. More than a year later, all they've done is put her deeper in debt.

For more, see I-Team 10: Foreclosure chasers (if link expired, try here).