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Foreclosure Project

Cases & Credits

A victim of deed theft

After inheriting a home that has been in his family for generations, Mr. C. got caught up in a series of refinancings, each adding to debt already exacerbated by business and health setbacks. Faced with foreclosure, Mr. C. contacted a company that had been canvassing the neighborhood and advertising in the local paper as providing “foreclosure rescue.”

The plan was to “put the house in someone else’s name” for 12 months while Mr. C. straightened out his financial problems, and then transfer it back to him. However, Mr. C. never received any documentation, and the mortgage on his home, now in someone else’s name, was foreclosed and the house sold to a large bank. In this particular case, the foreclosure project is connecting Mr. C. with an attorney who will attempt to stop the bank from selling the property, get the deed reformed so that it is once again in Mr. C.’s name, and get the mortgage’s principal reduced.