Can Camden Legal Group out of Beverly Hills really get me current on my mortgage and reduce my interest rate? I am being told they can do it, but they want me to pay a fee. What should I do here? I am despreate and really need the help. They are asking me to pay $3500 to resolve my situation.
2 Answers from Attorneys
You have already received a correct answer to this question. If they were legitimate they would not be breaking the law by requiring an up front payment of any kind. It is a crime and grounds for disbarment. They are not legitimate if they are doing that. Find other help.
IF YOU HAVE BEEN ASKED TO PAY A FEE IT IS A SCAM. READ THIS FROM HUD:
HUD has merged the efforts of NeighborWorks America, the Lawyers' Committee for Civil Rights Under Law, and the Homeowners' HOPE Hotline at 888-995-HOPE to provide an "early warning system" that empowers homeowners to protect themselves and their homes, while providing the tools necessary to take action so that law enforcement agencies across the country can put a stop to these unacceptable practices.
The purpose of this campaign is to:
Strengthen the fight against loan modification scammers
Support existing law enforcement efforts
Curb the negative impact of scam activity on the current housing market
Build a coalition of HUD partners for this effort nationwide
Maximize the public's awareness of mortgage fraud and loan modification scams
The first thing you may ask yourself is, "Could I really be the victim of a scam?" To determine this, ask yourself the following two questions: 1. Did anyone offer to help modify your mortgage, either directly or through advertising such as a flyer? 2. Were you guaranteed a loan modification or asked to do to any of the following:
PAY A FEE
Sign a contract
Sign over title to your property
Redirect mortgage payments
Stop making loan payments
If the answer to either question is Yes, then report the possible scam.