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Florida woman may lose home after 3 allegedly steal her money

Most home foreclosures happen because of unforeseen circumstances, such as a medical emergency or job loss. Then there are cases where someone faces the loss of his or her home because of another party’s criminal activities. In a way, this can be even worse, because the victim could have avoided foreclosure had he or she not been ripped off.

Authorities in Pasco County, Florida, say an 81-year-old woman with Alzheimer’s disease could lose her home to foreclosure because three people stole money from her bank account. The three suspects have been arrested on suspicion of exploiting the elderly, WNCN-TV reports.

The relationship between the three suspects and the victim is not clear from the WNCN story. The Pasco County Sheriff’s Office says they gained access to the elderly victim’s bank and credit card accounts. They allegedly stopped her mortgage payments and used the funds to buy things for themselves, including a lawn tractor, alcohol and “costumes,” WNCN reports.

Because of their actions, the victim’s house is now in foreclosure, deputies say. It is not clear if the lender will recognize the circumstances that led to the homeowner falling behind on her mortgage and cease trying to seize the house.

While most Floridians dealing with foreclosure were not the victims of fraud or exploitation, they may be able to get the foreclosure dismissed. For example, the lender may have failed to follow legal procedure with regards to the paperwork.

Regardless, a foreclosure defense attorney can help you try to keep your home and get out from under financial trouble.

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