Foreclosure Fraud Prevention

Orlando Florida homeowners facing foreclosure are vulnerable to being scammed by con artists who pose as would be rescuers. The Florida legislature has enacted statutory remedies to assist victims of foreclosure fraud. Section 501.1377, Florida Statutes protects Florida homeowners from being taken advantage of by foreclosure con artists who:

• Offer advice in exchange for money to homeowners in foreclosure
• Enter into any transaction with a home owner designed to “rescue” them from foreclosure

“Orlando Foreclosure Lawyer:”

It is unlawful to charge money in advance for offering advice to stop, avoid or delay foreclosure proceedings or curing a default or late mortgage payment before such service is rendered. The Orlando Florida homeowner must be given a written agreement, which can be cancelled within three days without obligation. The statute imposes certain requirements for such written agreements.

“Orlando Foreclosure Attorney:”

The statute protects homeowners in foreclosure who enter into agreements that are designed to stop, avoid or delay foreclosure proceedings. Such agreements must be:

• Written
• Disclose the identity of the buyer
• Conspicuously disclose the homeowner is selling his property
• Contain a three-day cancellation right

Agreements providing for repurchase, including leases and options, are presumed to be loans. Agreements that require the homeowner to repurchase at excessive prices are unenforceable.

Violations of the Florida fraud prevention entitle the homeowner to recover damages and attorneys fees. If you believe you may have been victimized by Florida foreclosure scam artists call Jeff Badgley at (866) 977-1544.

Let Us Make It Easy To Get a Fresh Start. Call Today For a Free Consultation! Contact Orlando Bankruptcy Lawyer: Jeff Badgley

As an experienced Orlando bankruptcy attorney, Jeff Badgley has over 20 years experience in helping Orlando and Central Florida residents with their financial matters. If you live in the Orlando, Altamonte Springs, Winter Springs, Winter Haven, Windermere, Ocoee, Winter Garden, Kissimmee, Clermont, Deltona, Oviedo, Winter Park or the Central Florida area and have any questions regarding an Orlando bankruptcy concern contact or call us at (866) 977-1544  for a FREE CONSULTATION.