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Real Estate & Property Law

: The Home Equity Theft Reporter

Elderly Woman Faces Loss Of Mortgage-Free Home As Zombie Debt Scavenger Gets Lien On Premises; Failure To Update State Homestead Exemption The Problem

By r morris

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In New Orleans, Louisiana, WWL-TV Channel 4 reports:Imagine someone who has paid off their house and owns it outright, losing that home because of an old credit card debt. Unfortunately for Shirley Simmons, she doesn't have to imagine. It's a real fear she's been living with since the sheriff seized her home two months ago so it could be advertised and sold.***Simmons, a 78-year-old retired

Full post as published by The Home Equity Theft Reporter on April 29, 2009 (boomark / email).

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