N. Miami Beach Loan Modification Outfit Skips Town With Customers' Cash; Homeowners Left Hanging

In Miami, Florida, WTVJ-TV Channel 6 reports:

• A South Florida mortgage rescue company that once promised to save your home is accused of taking clients' cash and vanishing into thin air. Truman Foreclosure Assistance is one of several companies that sprung up in the recent housing crisis, vowing to help cut monthly payments and allow homeowners to stay put. But now customers from across the country claim the company didn't come close to living up to what it promised.

• Customers like Kathy Sussman, from Miami, who paid $2,300 to Truman with no results. [...] Sussman wasn't in danger of losing her home but wanted a lower interest rate and a loan to renovate her home.

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• The company has seemingly vanished from their N. Miami Beach office building. The sign on their door is gone and workers at the building and customers claim they can't find anyone from Truman. And no one was answering their phones [...].

For the story, see Miami Mortgage Rescue Firm's Vanishing Act (Truman Foreclosure Assistance accused of taking money and skipping town).