Help Walking Away

[Bye Maricopa, AZ]

Has anyone used any of the walk away companies? Do they really help?

[The Professor]

What will they think of next. A walk away company. What services do they provide?

Daniel

[Bye Maricopa, AZ]

One company says they will review your docs, give you all of the legal advice, stop collection calls, and give you the exact date to vacate. The only questions I have are about whether or not someone can come after me for a deficiency which I believe is no, but I would like some sort of legal expert to look at it just in case. Fear of the unknown.

[crucifixion]

Also, this website has a law firm that offers the same services to.

Basically both will review docs, do a forenisic search to see if they can find predatory lending or something similar to use to your advanatage during negotiations, provide loan mod services, stop collection calls, and give you timeline of your stay. Basically you pay a fee and they take care of the rest. The company charges about $995 and this lawyer here I believe charges $2995. So a $2K difference, but I believe this website is a bit more reliable and that company is more of a businessman with a smart idea. I've researched both and will end up picking one but haven't decided yet.

[The Professor]

My sense is that the best approach may be to educate yourself as much as possible through the forums on this site, and then seek the advice of a lawyer "skilled in real estate law, debt collection practices, and potentially bankruptcy laws." The advantage of educating yourself here is there is no cost and the potential that you may be in a better position to provide an effective summary of your situation to the attorney in a manner that pointedly identifies the issues and the advice you seek, thus reducing a wasted expenditure of time.

Daniel