Insurance And Arson – Avoiding Foreclosure Without Damaging Your Credit

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Why risk losing your home to foreclosure if you can’t make the payments?  Why should you ruin your credit because you can no longer afford the house you live in?  An Arkansas attorney and real estate developer, Aaron Jones may have come up with a unique approach to get out of debt while keeping his FICO score intact.  Burn the heavily insured house down and collect the insurance money.  Somehow, he thought that would be a good idea.  The State of Arkansas and the insurance company disagree.  Continue reading