What caused the foundation to fail? Is it a moisture problem that you can address and the foundation will return?
I had 12 piers put in last spring, under a slab foundation. I have a big oak tree that sucked the moisture out of the ground under the house. It's a 2300 sq ft house, and the work was $4800. I had 1.5" deflection from the center of the house to the front, and was causing ceiling cracks and the garage door to pop off its track.
Risk of doing nothing? It gets worse. I've never seen a foundation correct itself, except when the drought is over.
I got 4 quotes ranging from "you don't need anything" to $7000. I eventually hired an independent engineer for $400, and I'm glad he did. They had to do two lifts on my house and the company was very reluctant to send their crew out the second time. My engineer came out with their engineer and they fought it out. My house would not have been properly lifted without his help. There were threats of mechanic's leans and lawsuits because I refused to pay the second half of the bill until I was satisfied.
I'm not sure where you live, but around here we have clay soil. It moves... a lot. Therefore, good foundation repair companies have plenty of work and don't need to heavily advertise on the radio and TV. The good ones are unknown to the general population, but the independent engineers and real estate investors know who they are.