Consumers beware, foreclosure fraud is rampant in todays post financial meltdown era. Unquestionably, the worst of the carnage left after the financial meltdown has been the millions of foreclosures that continue to plague the housing market. Although the number of foreclosures has dipped back under 1 million in 2011, it is expected to increase again in 2012, after a lull in processing caused by the “robo-signing” foreclosure fraud scandal at the hands of some of the major banks.
While many homeowners are willingly walking away from their homes and obligations, there are many more who try everything they possibly can to salvage the cornerstone of their “American Dream.” And, as you might expect, where there are people in distress and losing hope, there are always going to be opportunists and malicious scammers ready to swoop in and take advantage of them with foreclosure fraud.
As the situation worsened in 2009 and 2010, many distressed homeowners were heartened by the Obama administration’s proclamations that it would do everything it could to help people keep their homes. Although i
January normally means a return to less spending, trimming your budget, and putting off big purchases, but more consumers are throwing caution to the wind when it comes to credit card spending. In fact, the payment processing company First Data reports that people are using their credit cards at rates not seen since the pre-recession era.
and/or traditions of others, or their choice not to practice religious or secular traditions at all and a fiscally successful, personally fulfilling, and medically uncomplicated recognition of the onset of the generally accepted calendar year 2012, but not without due respect for the calendars of choice of other cultures whose contributions to society have helped make America great (not to imply that America is necessarily greater than any other country or is the only America in the Western hemisphere), and without regard to the race, creed, color, age, physical ability, religious faith, or sexual orientation of the wishee.
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