State AG Reminds Servicemembers That Upfront Fees For Foreclosure Rescue, Debt Reduction Programs Are Illegal In NC

From Pope Air Force Base, North Carolina, The Fayetteville Observer reports:

• North Carolina’s attorney general [last week] cautioned military personnel about scams. [... North Carolina Attorney General Roy] Cooper spoke to an audience of commanders, senior noncommissioned officers and airmen at the Military Saves Week Kickoff at the Pope Airmen and Family Readiness Center.

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• Companies prey on people by offering to help them fight foreclosure and getting money up front. “They write a perfunctory letter to the lender, and they may do something just to show they are doing something, but they really aren’t doing anything,” he said.

• “These kinds of scam artists are the reason that we passed a law in North Carolina that it is illegal for you to charge money up front to help with foreclosure,” he said. "It is also illegal to charge money up front to get people out of debt.”

For more, see N.C. atttorney general warns of scams.