Debt Settlement and Mortgage Modification Scams on the Rise, Warns Chicago Bankruptcy Lawyer Richard Fonfrias

Chicago, Illinois (PRWEB) March 8, 2010

Richard G. Fonfrias, J.D. of Fonfrias Law Group, LLC (http://www.chicagomoneylawyer.com), a leading Illinois bankruptcy law firm, urges customers seeking monetary assist in these challenging instances to proceed with extreme caution. “Debt settlement scams and mortgage modifications scams are on the rise in the state of Illinois. These unscrupulous firms prey on people who are desperate to steer clear of economic ruin, who, in several cases, are misled into considering it is their a single and only selection. It is imperative that buyers know their rights below the law and completely understand just what they are getting themselves into, before they sign anything. To make an informed decision, customers need as much details as feasible. Luckily, there is a excellent deal of helpful info that shoppers can access for free of charge, from trustworthy sources such as government agencies and trustworthy bankruptcy lawyer sites,” states Fonfrias.

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Mortgage and financial service fraud are the fastest increasing white collar crimes in the U.S. today. In Illinois, Lawyer Basic Lisa Madigan’s office