Friday, May 6, 2011

Illegal Lock Changing

Lock-Changing Some banks send representatives to change the locks on properties that have not yet been foreclosure. In California, deeds of trusts provide that banks can protect collateral if it being wasted or if it is abandoned. They also have changed locks when property owners are delinquent and still occupying the property. In some instances, lock-changing has taken place against property owners who were not delinquent nor in foreclosure.

Such property owners are being exposed to theft of property and personal harm. At what point does such activity cross the line from civil to criminal? If you know of and can document a lock-changing event before a foreclosure or when there was no foreclosure, please let us know. We would like to speak with some of these property owners.

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