Word: helbert
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When she called the Walk Away Plan's toll-free number, she thought losing her home was inevitable. But Paul Helbert, who started the company last fall as an extension of his real estate--investing business, drafted a letter explaining her situation--an appeal based on the fact that banks, deluged with loans going awry, would like to avoid foreclosure too, since it can cost tens of thousands of dollars in legal and rehab fees to repossess and sell a house. "We wrote a beautiful distress letter together," says Helbert. "We told her story." He was eventually able to talk...
There's a problem, though, with Helbert's whole operation: a nonprofit housing counselor might have gotten Bond the same result without charging her hundreds of dollars. In fact, many of the flashiest benefits these new walk-away companies advertise are ones homeowners can procure on their own. Are you willing to pay someone to force the bank to stop harassing you with phone calls? O.K., but you can achieve the same result for the cost of a stamp by sending a letter citing the Fair Debt Collection Practices Act, which says lenders can call only if they're taking...
Jackpot. In Falls City, Neb., the judge fined Irvin J. Hunker $35 for stealing a slot machine, then fined Andy Helbert $1,000 for owning...
Pennsylvania.--C. P. Davis, J. S. Dixon, G. K. Helbert, C. H. Scott, G. E. R. Weigman...
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