My house is in foreclosure and a company is offering to put the
house in a Family Trust to save it. Is this possible?   No!
 Companies offering the service of delaying foreclosure are most
likely violating several recent Federal laws. If they charge an
up-front fee, this may also be a felony. Stay away from these
folks.  There are lots of companies and individuals that will
assist borrowers to defraud their lenders by filing bad-faith
bankruptcies designed only to delay a foreclosure sale. This is
typically accomplished by transferring a partial interest to a
person or entity already in bankruptcy, and games like that.
Similarly, a living trust does not protect the trust
beneficiaries from loss of the property.  After the foreclosure
sale, the real property will be sold and gone. The trust will no
longer own it. The occupants of the property, if any, are
subject to eviction by the new owner. The trust’s, or the
trustor’s, other assets are subject to suit by sold-out junior
lienholders and possibly subject to