Bakersfield Couple Falls For Alleged Foreclosure Rescue "Short Sale" Scam

In Bakersfield, California, KGET-TV Channel 17 reports:

• After living in their Northeast Bakersfield home for about three years, Frank and Debra Sloan are facing foreclosure. So when they received a letter from a company promising to end their mortage woes, they made what they now call a "big mistake."

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• In hopes of saving their home, they responded to a letter from a company promising to help them avoid foreclosure. The Sloans say the company had them fill out a packet of paperwork and told them they could negotiate a short sale with their lender for about $1,800. But after paying the bill, the couple says they could not reach anyone by phone and a short sale was never reached.

For more, see Couple Warns of Foreclosure Scams.