Sale–Leaseback-Repurchase Scheme Perpetrators persuade delinquent homeowners to deed their homes over; Promise to assume the mortgage payment, find an investor to purchase the victim's home and rent it back for less than the mortgage payment; Promise to payoff the full value of the victim's delinquent payments; and reestablish the homeowner's credit with a lease-to-buy option; Instead, the perpetrators file a fraudulent bankruptcy case.
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