Comments on: Avoid “Walk Away” Companies. It’s a “Credit Repair” Scam All Over Again. http://www.mortgagecreditproblems.com/blog/avoid-walk-away-companies-its-a-credit-repair-scam-all-over-again/ Expert Advice & News on Bad Credit Mortgage, Mortgage Refinancing & Home Loans Sat, 21 Nov 2009 02:43:07 +0000 http://wordpress.org/?v=2.3.2 By: Chris http://www.mortgagecreditproblems.com/blog/avoid-walk-away-companies-its-a-credit-repair-scam-all-over-again/#comment-2978 Chris Fri, 15 May 2009 18:47:22 +0000 http://www.mortgagecreditproblems.com/blog/avoid-walk-away-companies-its-a-credit-repair-scam-all-over-again/#comment-2978 If you read the article in Time magazine it finishes to say: ...You Walk Away does at least walk you through walking away. That's why Jim Lowry, a San Francisco--based maintenance manager, is pretty happy with the firm... Lowry had talked to some other real estate types, but it wasn't until a phone conversation with a You Walk Away "advocate" that he felt he had a handle on the situation. "I'm not worried anymore. I know what's going to happen," he says. "Peace of mind is the main thing."... You Walk Away, LLC is not a scam. You Walk Away does NOT do or purport to do credit repair. It IS possible for a foreclosure to be removed from credit. Beware of companies that claim to guarantee that they can remove a foreclosure. No one can guarantee that. You Walk Away has helped thousands of homeowners make it through the hardest time in their lives. If you read the article in Time magazine it finishes to say: …You Walk Away does at least walk you through walking away. That’s why Jim Lowry, a San Francisco–based maintenance manager, is pretty happy with the firm… Lowry had talked to some other real estate types, but it wasn’t until a phone conversation with a You Walk Away “advocate” that he felt he had a handle on the situation. “I’m not worried anymore. I know what’s going to happen,” he says. “Peace of mind is the main thing.”…

You Walk Away, LLC is not a scam. You Walk Away does NOT do or purport to do credit repair. It IS possible for a foreclosure to be removed from credit. Beware of companies that claim to guarantee that they can remove a foreclosure. No one can guarantee that. You Walk Away has helped thousands of homeowners make it through the hardest time in their lives.

]]> By: Gina Pogol http://www.mortgagecreditproblems.com/blog/avoid-walk-away-companies-its-a-credit-repair-scam-all-over-again/#comment-43 Gina Pogol Mon, 30 Jun 2008 20:16:59 +0000 http://www.mortgagecreditproblems.com/blog/avoid-walk-away-companies-its-a-credit-repair-scam-all-over-again/#comment-43 Many of these guys are just giving people information, which is legal, and encouragment, which may be morally icky but there is no law against ickiness. Only if they cross the line and help borrowers lie or defraud a lender can I see them getting into hot water. The deal is though if you have anything like an 8th grade education you can write a letter to the lender. And there are examples of how to do it all over the place online. So if you have no money why would you pay someone $1,000 for info that's out there for free? Many of these guys are just giving people information, which is legal, and encouragment, which may be morally icky but there is no law against ickiness. Only if they cross the line and help borrowers lie or defraud a lender can I see them getting into hot water.

The deal is though if you have anything like an 8th grade education you can write a letter to the lender. And there are examples of how to do it all over the place online. So if you have no money why would you pay someone $1,000 for info that’s out there for free?

]]> By: tnaylort http://www.mortgagecreditproblems.com/blog/avoid-walk-away-companies-its-a-credit-repair-scam-all-over-again/#comment-42 tnaylort Fri, 27 Jun 2008 21:20:50 +0000 http://www.mortgagecreditproblems.com/blog/avoid-walk-away-companies-its-a-credit-repair-scam-all-over-again/#comment-42 I've seen discussions like this on other blogs---people telling others that they can just walk out on their mortgage. I guess accountability as a concept is just way out of fashion. I blame George W. Bush. I’ve seen discussions like this on other blogs—people telling others that they can just walk out on their mortgage. I guess accountability as a concept is just way out of fashion. I blame George W. Bush.

]]> By: Gary http://www.mortgagecreditproblems.com/blog/avoid-walk-away-companies-its-a-credit-repair-scam-all-over-again/#comment-41 Gary Fri, 27 Jun 2008 21:07:28 +0000 http://www.mortgagecreditproblems.com/blog/avoid-walk-away-companies-its-a-credit-repair-scam-all-over-again/#comment-41 Are there any legal repercussions for these "walk away" companies? Are there any legal repercussions for these “walk away” companies?

]]> By: K. Cummings http://www.mortgagecreditproblems.com/blog/avoid-walk-away-companies-its-a-credit-repair-scam-all-over-again/#comment-40 K. Cummings Fri, 27 Jun 2008 21:05:04 +0000 http://www.mortgagecreditproblems.com/blog/avoid-walk-away-companies-its-a-credit-repair-scam-all-over-again/#comment-40 It's sickening how in times of economic lows, people try to cash out by taking advantage of the situation. It’s sickening how in times of economic lows, people try to cash out by taking advantage of the situation.

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