I straightened one years ago for my brother with a sledge. It wasn't perfect but at least it stopped the vibration that was so bad one didn't have to chase and catch the handle any more.
Determine the amount bent and go from there. A quarter inch run out, in my estimation, is too much and a eighth of an inch possibly repairable. That's just a by guess and by golly judgement call that doesn't have any concrete facts to guide us. If you don't have a indicator to determine amount of run out you can get real close with a feeler gauge.