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Walking Away
Published: Wednesday, August 20, 2008 6:14 PM PDT
When I checked in with the guys who launched You Walk Away LLC earlier this year, they'd had their doors open for a month and had signed up about 100 people.
Today I got a press release from the company, reporting a total of 1,035 clients in the first five months of the year. The company broke down the clientele geographically this way:
59 percent are located in California, 12.8 percent are in Florida, 8.3 percent are located in Nevada, and 7.4 percent are in Arizona.
The rest are scattered across the country.
The company originated from the premise that foreclosure was a choice, not just a last resort. It's sometimes better to deal with the fallout from foreclosure than keep paying the mortgage on a house that's worth nowhere close to its original price, they argued.
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This Just In
'It seems like a convenient way for the school district to provide funding to close the gap on the library.' » Jan. 8 -- 6:51 pm
A Wisconsin veteran takes the helm in the middle of tough bargaining.
Jan. 8 -- 6:06 pm
Frye's proposals will be discussed behind closed doors.
Jan. 8 -- 5:26 pm
SURVIVAL IN SAN DIEGO
San Diego's new city attorney lets AG handle the predatory lending suits.
Jan. 8 -- 5:40 pm
LETTERS TO THE EDITOR
Reporting has become synonymous with creative writing.
Jan. 8 -- 6:51 pm
CAFÉ SAN DIEGO
Here's a look at the tangible results MPAs have yielded.
Jan. 6 -- 4:30 pm
COMMENTARY: SLOP
Convicts find freedom, the former city manager of Chula Vista heads to Iraq, and more tidbits.
Jan. 6 -- 7:22 pm
COMMENTARY: RICH TOSCANO
The median-based price indicators closed out a dismal 2008 with another monthly decline.
Jan. 6 -- 4:06 pm
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