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Save My Home > Foreclosure Rescue Scams

Foreclosure Rescue Scams


Borrower Beware

When you are faced with a foreclosure, your information is made available to the public. This means that your personal information can also be found by a number of for-profit companies and attorneys looking to take advantage of you. You may begin receiving solicitations by phone, mailings and even personal visits by those who “want to help you”. Though there are a variety of foreclosure rescue programs, there are several easy ways to tell if you are being approached by a scam-artist.

Warning Signs of Scams

  • They charge a fee for their services
  • They state that you have been “pre-selected”
  • They make promises or provide guarantees
  • They claim unrealistic success rates saying “no one else can help you”
  • They tell you “don’t contact your lender”
  • They encourage you to file bankruptcy or that they can refinance your loan

What’s most important to remember is that “if it sounds too good to be true”, it probably is. Contact Neighborhood Housing Services of Greater Cleveland, a trusted non-profit organization serving Northeast Ohio for over 40 years. Don’t ever pay someone when FREE help is available by qualified, foreclosure prevention professionals. Call today for free, fair and unbiased support and allow us to help you through this difficult time.

Tips to Avoid Scams

  • Don’t pay when FREE help is available
  • Only pay your lender or servicer
  • Don’t respond to unsolicited mailings, calls or visitors
  • Read the fine print
  • Get all promises in writing
  • Understand everything you are asked to sign
  • Never sign over the deed to your home

Reporting a Scam

If you or someone you know has been the victim of a Foreclosure Rescue Scam, please contact the NHS Consumer Law Center by email, by calling us at 216-458-4663 x 314, or by visiting our website. Remember to save all relative paperwork and/or contact information that you receive. 

Download a copy of NHS of Greater Cleveland's Foreclosure Rescue Scam brochure

Download a copy of NHS of Greater Cleveland's Foreclosure Rescue Scam brochure (Spanish)

Additional Resources

There are many resources available to you for information on foreclosure counseling and loan modification scams. Get free help to avoid scams from the NHS Consumer Law Center or one of our trusted partners.

The Loan Scam Prevention Network by website or by phone at 1.888.995.HOPE.

The Federal Trade Commission (FTC) by website or by phone at 1.877.FTC.HELP.

The Ohio Attorney General by website or by phone at 1.800.282.0515.

The Better Business Bureau by website or by phone at 1.216.241.7678.