The State Attorney General in Nevada has recently indicted two individuals in a “massive” robo-signing foreclosure scam. The scammers were indicted with regard to falsification of foreclosure related documents. The State Attorney General’s office in Nevada believes that these two individuals were responsible for thousands of homes being wrongfully foreclosed on.
The individuals involved were California residents. Their names were Gary Trafford and Gerri Sheppard. They are facing numerous charges related to the falsifying of thousands of foreclosure documents in Nevada between the years of 2005 and 2008. They had been working during this period for Lender Processing Services, a mortgage servicing company. According to Nevada Deputy Attorney General, John Kellher, the “Grand Jury found probable cause that there was a robo-siging scheme which resulted in the filing of thousands of fraudulent documents.” It is estimated that Lending Processing Services is responsible for more than half of all mortgage processing in the United States. The company, which has more than eight thousand employees, has acknowledged that there have been flawed procedures with regard to the preparation and signing of mortgage related documents.
The attorneys of the Law Offices of Schlissel DeCorpo blend a wealth of legal experience and legal know how concerning issues involving foreclosure defense, mortgage modifications, forensic audits, defective mortgages, defective foreclosure lawsuits and predatory lending issues.
In the appropriate situations, we advise our clients with regard to foreclosure related bankruptcies. These bankruptcies can be either Chapter 7 or Chapter 13. The filing of a bankruptcy can eliminate second mortgages, stop foreclosures, stop debt collection practices and stop creditor harassment.
Call us for a free initial consultation where we will discuss your foreclosure options as well as bankruptcy options.