What can I do if my name was used to purchase a property that is now being foreclosed on? 14 Answers as of September 19, 2011

You should contact the Office of the Attorney General as they help with these situations.

The first step is to contact the credit reporting agencies and inform them of the fraud, that this was not your debt, and that your credit records must be amended accordingly. You will need evidence that the debt and mortgage were not signed by you, and were in fact forgeries. You may also file a complaint seeking what is called declaratory relief. Rule 57, Colo. Rules of Civil Proc., provides that: "Any person interested under a deed, will, written contract, or other writings constituting a contract, or whose rights, status, or other legal relations are affected by a statute, municipal ordinance, contract, or franchise, may have determined any question of construction or validity arising under the instrument, statute, ordinance, contract, or franchise and obtain a declaration of rights, status, or other legal relations thereunder." The judgment of the court determining that you were not the obligor under the debt would be proof to any third party that the debt was not yours.

To put a mortgage in a parties name they would need your address, social security number, credit report, tax returns or 4506t form, proof of income (paystubs) and bank statements, application of loan and notarized signature which would require a photo ID, license, etc. Either you are part of an enormous conspiracy bent on destroying your life, you have been subjected to a fabulous state of the art cloning project or "Pod People" replacement program (see Invasion of the Body Snatchers or 6th Day with Arnold Schwarzenegger) , or there are details regarding this matter that you have failed to state. More likely Realistically, to prove fraud and forgery on this scale against a large lending institution will take a great deal of time and attorney fees. If it is against a sleazy mortgage broker (who would have had to have remarkable resources), you may throw good money after bad if they have no assets. However, you should definitely send certified letters disputing the debt to the credit bureaus and fill out fraud affidavits for the lending institutions. You may eventually have a Fair Credit Reporting Act case if the reporting is not removed. You may be able to assert a claim under the Banking Code and Unfair and Deceptive Acts and Practices. Also you should check land records and your credit report to make sure you are not listed on any other mortgages. Finally, consider whether you have given your Power of Attorney to any parties that might abuse it. It would still be near impossible to pull this off with just a POA, however all things are possible in this world.

You have many rights as a victim of fraud. The states and the federal government are all increasing/implementing their ID-theft laws. You will need to prove the fraud and repair your credit. Unfortunately this will take many many hours and a lot of frustration.

Talk to the D.A. You should see a lawyer to hash out how that happened. You have remedies but they could be expensive.

File a report with law enforcement and send copies to the credit bureaus with demand that negative entries be removed.

I would look into the possibility of getting a Judgment against the Lender and the Party who commited the fraud. When the Judgment is received copy it to the credit reporting agency.

If you were a victim of fraud, you need to go to the police and do a fraud report. Also, you should contact the credit agencies and change the loan on the basis of fraud so that you would not have any liability on it.

If your name was stolen without your consent you are a victim of identity theft. You'll find many useful steps at www.ftc.gov but also want to get a lawyer in this case.

The lender was jailed? Either way, I would file a police report immediately and then see an attorney who specializes in fraudulently lending, a "consumer" law specialist. This is the equivalence of someone stealing your identification. I would also notify all the credit reporting bureaus. This is very serious. Don't wait!