BREAKING NEWS

Sen. JD Vance will be formally announced as VP pick at RNC. LIVE coverage on News 12 & News 12 New York at 4:30 p.m.

State could hit back at 'cash for keys' scammers

The state could take action soon against lenders, law firms and real estate agents trying to unfairly scare renters from their homes. Critics of "cash for keys" letters say renters are being deceived

News 12 Staff

Dec 10, 2008, 12:15 AM

Updated 5,696 days ago

Share:

The state could take action soon against lenders, law firms and real estate agents trying to unfairly scare renters from their homes.
Critics of "cash for keys" letters say renters are being deceived into thinking they are about to be evicted. The letters, in actuality, offer the possibility of money if renters agree to leave leases early.
Some of the letters suggest those who don't immediately leave could face eviction, which is only true in rare cases. New Jersey Public Advocate Ron Chen is looking at what action he can take against those responsible for the letters.
"Suggesting that there is some emergency and if you don't get out you are going to lose something is very, very misleading," says Chen.


More from News 12
Spokesperson: Rep. Bill Pascrell checks into hospital for fever

Spokesperson: Rep. Bill Pascrell checks into hospital for fever

HEAT ALERT: Extreme heat today in NJ as temps feel near 103 degrees; possible thundershower tonight

HEAT ALERT: Extreme heat today in NJ as temps feel near 103 degrees; possible thundershower tonight

7:10
Trump picks Sen. JD Vance of Ohio, a once-fierce critic turned loyal ally, as his GOP running mate

Trump picks Sen. JD Vance of Ohio, a once-fierce critic turned loyal ally, as his GOP running mate

2:58
Menendez trial: Jury asks judge question about Fred Daibes

Menendez trial: Jury asks judge question about Fred Daibes

1:34
Vacant building fire in Plainfield causes roof collapse; investigation underway

Vacant building fire in Plainfield causes roof collapse; investigation underway

1:18
Going for gold: A look at some New Jersey athletes heading to the Paris Olympic Games

Going for gold: A look at some New Jersey athletes heading to the Paris Olympic Games

0:28
Mays Landing man pleads guilty to murdering his mother

Mays Landing man pleads guilty to murdering his mother

2:04
Route 15 temporary bridge in Jefferson opens earlier than expected

Route 15 temporary bridge in Jefferson opens earlier than expected

0:28
Woman jumps out of window in Franklin Township to avoid being struck by bullets

Woman jumps out of window in Franklin Township to avoid being struck by bullets

2:14
Don't be caught in the dark: Are you ready to power through hurricane season?

Don't be caught in the dark: Are you ready to power through hurricane season?

0:48
NJ Attorney General’s Office releases video of fatal South Brunswick motel standoff with NYC suspect

NJ Attorney General’s Office releases video of fatal South Brunswick motel standoff with NYC suspect

3:30
Trump heads to convention as authorities investigate motive, security in assassination attempt

Trump heads to convention as authorities investigate motive, security in assassination attempt

0:23
Newark official: 5 men stabbed in Ironbound neighborhood

Newark official: 5 men stabbed in Ironbound neighborhood

0:18
New Jersey American Water issues mandatory water restrictions for parts of Ocean, Monmouth counties

New Jersey American Water issues mandatory water restrictions for parts of Ocean, Monmouth counties

3:04
Made in New Jersey: For nearly 150 years, Serratelli Hat Company in Newark has served the hat industry

Made in New Jersey: For nearly 150 years, Serratelli Hat Company in Newark has served the hat industry

0:24
Fire officials: 2 people trapped inside car after hitting parked trucks at Cherry Hill rest stop

Fire officials: 2 people trapped inside car after hitting parked trucks at Cherry Hill rest stop

1:59
Trump supporters at Bedminster golf course call for unity in aftermath of attempted assassination

Trump supporters at Bedminster golf course call for unity in aftermath of attempted assassination

2:07
A look back at US political violence that changed history

A look back at US political violence that changed history

5:30
In prime-time address, Biden warns of election-year rhetoric, saying ‘it’s time to cool it down’

In prime-time address, Biden warns of election-year rhetoric, saying ‘it’s time to cool it down’

4:10
EXCLUSIVE INTERVIEW: Trump rally attendee gives his eyewitness account of the shooting

EXCLUSIVE INTERVIEW: Trump rally attendee gives his eyewitness account of the shooting