Legal Services Firm Helps Newark Man Succeed In Keeping Home After Being Snagged In Alleged Equity Stripping Scam

In Newark, New Jersey, The Star Ledger reports:

• [Aleem] Morris was the victim of a mortgage rescue scam that promised to help get him out of debt and keep the Newark home on North Munn Avenue out of foreclosure. Instead, the so-called foreclosure specialist stripped the home of equity, had someone take the deed and borrow as much as possible against the value of the home. [...] With the help of Abbott Gorin, an attorney with Essex-Newark Legal Services, a Superior Court judge stopped the foreclosure and Morris obtained a reverse mortgage.

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• He filed a complaint with Superior Court Judge Kenneth Levy, who stopped the foreclosure, rescinded the second mortgage and allowed Essex-Newark Legal Services to intervene and help Morris. [The foreclosure rescue operator] and the straw buyer were subpoenaed but never showed up in court.

For more, see One man's relentless fight for his home. foreclosure rescue