Woodland Hills, CA (PRWEB) November 13, 2008
I Quick Sale, Inc, a leading nationwide short sale and loss mitigation advisory firm, announces that the State of California has passed a new law to shield home owners facing foreclosure from fraudulent exploitation.

California has been battered by a wave of foreclosures as the true estate crisis continues to take its toll. According to Realty Trac, a foreclosure tracking firm, the state now accounts for much more than a quarter of all foreclosure filings. Fraudulent foreclosure consultants have exploited property owners, frequently cheating them out of funds or eventually losing their houses. In response, the California legislature has enacted the foreclosure consultant law (California Civil Code