Are "foreclosure rescue consultants" worth the money?

Submitted by tgeller on 15 April 2008 - 7:02pm.

Avoiding Scams

This article gives five reasons why I suggest avoiding "foreclosure rescue consultants." What do you think?

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What they're saying

"Offers empathy and provides a positive spin without coming off phony or gushy." --Chicago Tribune

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The 10 steps

Understand the Current Foreclosure Boom
Get a Handle on Your Situation
Rework Your Income and Expenses
Learn How to Avoid Scams
Call for Help
Understand Your Loan
Take Advantage of Government Programs
Sell Before the Pain Starts
If All Else Fails . . . Declare Bankruptcy
Face the Foreclosure Process

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