Wednesday, February 25, 2009

Foreclosure Assistance

I saw this story on ABC News and thought it might be helpful to families who are facing foreclosure. According to The Consumer Warning Network, one way to stall foreclosure proceedings is to ask the mortgage company to produce the original note that was signed when the mortgage was processed. In many cases, the rights to the mortgage has been sold so many times, the company that currently owns it can’t produce the original documents. If they can’t produce the documents, they can’t prove that the debt is legitimate.

Please visit the following Web site for more information:

http://www.consumerwarningnetwork.com/2008/06/19/produce-the-note-how-to/

Please distribute. I hope this helps someone.

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