Can Pre-Paid Legal Help with Foreclosure Crisis?

November 6, 2007 by Ty | 1 Comment

Pre-Paid Legal Services, Inc. Addressing Foreclosure Crisis

forclosureWith the ongoing foreclosure flood rising and expected to crest in 2008 and 2009, Pre-Paid Legal Services, Inc. is taking measures to better educate its sales force on how the company’s legal membership can assist homeowners.”We can help people and we should,” said Pre-Paid Legal Services, Inc. CEO Harland Stonecipher.

“As a company, we’re committed to doing all we can to educate and train our sales force — especially on this topic. We’ve positioned ourselves for years as a ‘Life Events Legal Plan’ and home foreclosure dramatically fits that description.”

Stonecipher said he would be hosting a company-wide conference call on Wednesday, Nov. 7, to address the issue, speaking directly to the company’s 400,000-strong sales force.

“This issue isn’t going away,” he said. “The best thing any of us can do is make sure we know our rights and understand our options — whether this issue or the countless other legal events that touch our lives daily. To do that, we need the ability to speak with an attorney.”

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  • David on April 26th, 2008 at 2:04 pm

    I wanted to share my experience with the loss mitigation profession. I worked in the loss mitigation and loss prevention fields for over 24 years, with a number of large mortgage companies. The last 8 years as a loss mitigation compliance manager. I stopped working for Chase in 2006, and started my own loss mitigation practice in late 2006. I signed up with American Loss Mitigation Consortium, Inc in Virginia, more specifically because of Dan Schultz. I knew him on a professional level, when he was hired by the mortgage company I worked for as a consultant, to help us setup our loss mitigation department’s compliance policies in 1998.

    I have done very well and if anyone is looking to start or add loss mitigation services and be part of a legitimate loss mitigation support group, I urge all finance and real estate professionals to check-out Mr. Dan Schultz and the American Loss Mitigation Consortium (lossmitigationopportunities.com) for their loss mitigation training and underwriting needs. I will note the organization only allows those whom have prior experience in; mortgage, finance, real estate, legal, accounting or related fields. It does not have any investment components or MLM schemes. Save your money on books and opportunity schemes, it is just unbelievable what is going on out in the market.

    Thank you for allowing me the time to give my experience in the Loss Mitigation field and I look forward to being a productive member of this forum.

    David C.
    DC Metro Area

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