Generally YES. There are legitimate plans that help you manage your finances and pay your debt down faster, but any programs that promises to eliminate or invalidate your mortgage are not legitimate.
This is from Treas.gov: Subject: Illegal Financial Activity; Description: Fictitious Debt Elimination Schemes Date: October 1, 2003 Please be advised that worthless instruments entitled Bond for...
Unsecured debt elimination is based on accepted accounting procedures. In arbitration the issuing company is asked to show their ledgers that prove they moved their money into the customer's account....
A mortgage is a conveyance of title to real property that is given as security for the payment of a debt. If the mortgage isn't paid the lender can take possession of the property by foreclosure....
No I do not have a mortgage from AARP Reverse Mortgage because I am not 100 years old. That is for old people who need money and do not need their house any longer because they will be dieing soon.
If you refinance your mortgage, the attorney representing the bank will use the proceeds of the new mortgage to pay off the existing mortgage and a discharge of that mortgage will be recorded in the...