Foreclosure

Arizona Attorney General Cracks Down on Alleged Home Foreclosure Scam Targeting Vulnerable Homeowners

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PHOENIX — Arizona Attorney General Kris Mayes has initiated legal action against two individuals accused of running a fraudulent foreclosure service, allegedly designed to deceive homeowners into forfeiting their property titles. Mayes announced the suit on Monday, targeting Edward Trenton Albarracin and Gretchen Marie Zamjahn, alongside 50 business entities linked to them. The lawsuit contends that Albarracin and Zamjahn exploited vulnerable homeowners facing foreclosure, promising to alleviate their financial burden by catching up on overdue mortgage payments. Instead of providing genuine assistance, they reportedly instructed victims to temporarily transfer property ownership to a trust linked … Read more

Urgent Legal Battle Erupts as Riverfront Plaza Faces Foreclosure Risk amid Tenant Lease Expiration

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Richmond, Virginia — The Riverfront Plaza office complex faces a potential foreclosure following a lawsuit filed against its owner, Hertz Investment Group. With a crucial lease for one of its primary tenants nearing expiration, the situation has escalated as financial struggles continue to plague the nearly 1 million-square-foot property. Wells Fargo, representing the noteholders for Riverfront Plaza, filed the lawsuit on August 11 in Richmond Circuit Court. The financial institution is seeking over $131 million in damages and aims to appoint a receiver to take control of the management of the property, located at 901-951 … Read more

Urgent Care Clinic Faces Foreclosure Amid $4 Million Loan Dispute; Head Physician Named in Lawsuit

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PEA RIDGE, Ark. — A medical facility in Benton County is facing imminent foreclosure after reportedly failing to meet obligations on approximately $4 million in loans. This situation arises from a lawsuit initiated last month by a local bank. First Western Bank of Booneville has filed legal action against Pea Ridge Urgent Care Clinic Co., alleging that the clinic defaulted on loans that were issued between October 2022 and February 2025. The lawsuit was formally lodged in Benton County Circuit Court, outlining the bank’s claims for the outstanding amount. Dr. Alan Schumacher, who serves as … Read more

Providence Homeowners Trapped in Alleged ‘Foreclosure Rescue’ Fraud: Lawsuit Filed

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Providence, Rhode Island – A troubling pattern has emerged in Providence as several homeowners have reportedly fallen victim to a so-called ‘foreclosure rescue’ scheme. The deceptive practice, primarily targeting financially distressed homeowners, promises relief from impending foreclosure but instead results in the loss of property ownership without alleviating the financial burden. Victims of this scheme were often approached with an offer that appeared as a lifeline: they were told that, by transferring the title of their homes temporarily, they could avoid foreclosure and its accompanying credit harms, ultimately buying back their homes under more favorable … Read more