Loan Modifications are a matter of general interest to many of us, especially the 9 million plus in United States that are struggling with foreclosure and could lose their home. Unfortunately many don?t understand loan modifications and what is worse can?t identify crooks that are out to trick borrowers and pour more misery onto already desperate households.
Information is as always power, in loan modifications not knowing what you?re doing could spell disaster, cost you thousands of dollars and still lose your home.
This article sheds some light on some of the biggest examples of lies, scams and misinformation in the loan modification industry.
1) You have to be behind your payments to qualify for a loan modification or aid.
This is simply not true. If you can avoid get
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