Nevada AG: Avoid being a victim of a foreclosure rescue scam

My thanks to Desert Beacon for posting the following on Blue Sage Views.

"Nevada is at the top of the list in numbers of homeowners facing home foreclosure. The Attorney General’s Bureau of Consumer Protection wants homeowners to have the information they need to avoid becoming a victim of a foreclosure rescue scam. If you hire a foreclosure consultant, be aware that, according to Nevada Revised Statutes (“NRS”) 645F.400, a foreclosure consultant cannot claim, demand, charge, collect or receive any compensation until after he has fully performed each covered service that he contracted to perform or represented he would perform. Any charge for services must also be fully disclosed to a homeowner. A foreclosure consultant cannot demand compensation for services in the form of any assignment of a homeowner’s wages, a lien on real or personal property, assignment of a homeowner’s equity, or other interest in a residence in foreclosure."

Consumers may contact the Attorney General’s Bureau of Consumer Protection about home “foreclosure “rescue” scams at (702) 486-3194 in Las Vegas or (775) 684-1180 in Carson City. A complaint form, as well as other valuable information on consumer protection, is also available on the Attorney General’s website at www.ag.state.nv.us.

Related posts:

  1. Nevada to get $102.8 million for foreclosure prevention
  2. Romney: Let Nevadans in foreclosure “hit the bottom”
  3. Banks win, consumers loose on Foreclosure Bill
  4. Predatory Lenders to Veterans
  5. 16 year old girl safe in Indian Ocean awaiting rescue

About Featheriver

Born and raised in Oklahoma. Improved in California. Out to pasture in Nevada. Born in 1933, Korean War Vet in USAF. Occupation: Criminal Law and Torts. Retired California Lawyer. Now live in Pahrump, Nye County, Nevada.
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