If you struggle with debt, you may face a time when your house goes into foreclosure. One missed payment can start the process. In New Jersey, your foreclosure is made public, which means you become subject to scammers who want to try to take advantage of you. According to USA.gov, you may come across foreclosure scams in advertisements or through direct contact. These scams involve making big promises but delivering nothing.
The approach may vary for each scam. They may promise you assistance in saving your home if you pay them money. Some may offer legal help even though they are not an attorney. They may say they can assist with filing bankruptcy and even have you sign documents. They may seem convincing because they prey on your vulnerability and your desire to save your home.
The best way to avoid scams is to understand that the only way to save your home is to pay your lender. You should never let anyone tell you to stop making payments because they can save your home. You should not sign any papers unless it is with a real attorney or your lender. You also should never pay anyone who says they can help save your home without you needing to pay your lender.
You should only work with professionals who you know are qualified to work on your case. You should only pay money to your lender to stop the foreclosure. If you come across a scam, you should report it to authorities. This information is for education and is not legal advice.