bizSanDiego the business of san diego county

You Walk Away Announces Military Walk Away Protection Kit

Monday, October 13, 2008

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SAN DIEGO--(BUSINESS WIRE)--You Walk Away, www.youwalkaway.com, a company that helps families facing foreclosure, has instituted a new program called the Military Walk Away Protection Kit which is aimed at helping military personnel on active duty – who not only have the worry about fighting for their country – but who may also be facing economic hardships at home. The Military Walk Away Protection Kit, which is based on the government law called the Servicemembers Civil Relief Act (SCRA), helps active military personnel who received loans while on active duty stave off foreclosure by preventing lenders from taking legal action for a specified period of time. This often affords military personnel the much-needed time to renegotiate with the lender to lower their current payment or opt for a preset interest rate of six-percent, or lower, alleviating foreclosure and perhaps economic disaster during an already difficult time.

“The SCRA is literally never mentioned as an option for people on active military duty which is unfortunate as this is an important benefit for military families who are busy giving back to their country,” said principal and co-founder of You Walk Away, Chad Ruyle. “We created our program as a way to not only publicize this option for military personnel, but to also offer aid to a spouse or family who is looking for alternatives while their spouse is across the world fighting for their country. Often our team can help negotiate terms on their behalf, legally, by lowering their loan to a set six-percent rate, saving their home, and their economic future.”

For more information, please telephone: 877-878-9255, or visit http://www.youwalkaway.com/militaryfaq.php.

ABOUT YOU WALK AWAY

You Walk Away, LLC is located in San Diego and run by a team with over 50 years of combined real estate and legal experience. It is the objective of You Walk Away, LLC to empower homeowners who purchased their homes at the peak of the real estate market to take control of their financial future. We strive to help people understand their rights and know their options so they do not feel helpless.

Source: BUSINESS WIRE