Debt Relief of America Provides Debt Negotiation Services Pro Bono to Qualified Individuals

Dallas, TX (PRWEB) May 18, 2005

Debt Relief of America (DRA), the premier debt negotiation organization and member of the United States Organizations for Bankruptcy Alternatives (USOBA), will pioneer a program offering its debt negotiation services at no charge to qualified individuals. In an industry often criticized for high fees, Debt Relief of America is the first to offer a program to help those who can not afford the customary compensation of a professional debt negotiation company but are serious about getting out of debt without filing for bankruptcy protection. Debt Relief of America has started this special program that will encompass 3% of its new clients.

“With the recent change to the bankruptcy law, there will be many people in need of an alternative to bankruptcy. We believe debt negotiation is the solution”, says Mark Williams, President of Debt Relief of America. “There is a small percentage of people that we talk to each day just can’t afford our services, however we need to remember why we started this company…to help people.”

For Debt Relief of America, the program will be a collaborative effort among departments. Running a debt negotiation company is expensive and margins are low to begin with and there will be some impact to the bottom line, but Debt Relief of America, its employees, and its investors, believe it is setting the standard and will help build the credibility of the industry with creditors, regulators, and the media.

Kallie Guimond of the USOBA agrees, “USOBA’s members are dedicated to providing consumers with reasonable alternatives to bankruptcy. Programs like these not only show commitment to that cause, but also positively impact the way this industry is seen while helping those who need this industry the most.”

“This year through April, we have negotiated and reduced our clients’ debt load by more than $ 1.9 million,” says Kristie Medlen, VP of Debt Relief of America’s negotiations department and member of the USOBA Standards Committee, “I think this new policy will improve our relations with creditors and could become a future USOBA standard.”

About Debt Relief of America

Debt Relief of America, located in Dallas, Texas and founded in 2002, has quickly become a leader in the debt negotiation industry providing consumers an alternative to the woes of bankruptcy. Debt Relief of America provides debt negotiation services to more than 3,500 clients and has settled millions of dollars in unsecured consumer debt since 2002. Debt Relief of America was a charter member of the National Association of Consumer Debt Settlement Companies (NACDSC), is a member of the United States Chamber of Commerce (USCOC), and is a proud member of the United States Organizations for Bankruptcy Alternatives (USOBA).

For additional information regarding the services provided by Debt Relief of America please contact Paul Heckmann, VP of Operations, at 1-800-242-2747.

Contact Information:

Paul Heckmann

Debt Relief of America

1-800-242-2747

http://www.4dra.com

# # #

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Related Debt Help Press Releases

Ace Debt Relief Offers Free Credit Card Debt Consultation

Santa Monica, CA (PRWEB) November 19, 2007

Ace Debt Relief (http://www.acedebtrelief.com), the premier debt resolution company, is offering a free consultation to any consumer who has at least $ 10,000 of credit card or unsecured debt. Ace Debt Relief’s partner law firm has more than 25 years of relevant experience and has devised a debt resolution program that enables consumers who have incurred unmanageable unsecured debt to legally walk away from all of it.

This is a highly effective program that is guaranteed to protect individuals from civil lawsuits and prevent creditors from being able to attach assets. The Ace Debt Relief program is an ideal alternative to the other common debt resolution programs such as bankruptcy, debt settlement or consolidation.

For people who are receiving collection notices, are being threatened with a lawsuit by a credit card bank or are concerned that they may be, Ace Debt Relief provides a powerful remedy to absolve consumers of their debt and insulate them from the potential of a civil liability lawsuit from their creditors.

“We have distraught consumers who are being pursued by creditors and receive threatening calls at their home or office, which is both disruptive as well as embarrassing,” said the owner of Ace Debt Relief, who is appropriately enough is known simply as “Ace.” “And through the Ace Debt Relief program, clients are able to legally walk away from all of their debt and also be completely insulated from their creditors.”

Being heavily in debt affects confidence as well as morale. It can create health problems, and debt often destroys relationships. Consumers who have incurred a lot of debt frequently experience disrupted sleep too, as bills pile up with no apparent end in sight. Upon joining the Ace Debt Relief debt resolution program, a shield is placed on the profile of each client, effectively obstructing creditors from initiating civil liability lawsuits against clients.

Consumers who have at least $ 10,000 of debt may be qualified to take advantage of this program. To sign up for a free consultation, you may visit Ace Debt Relief at: http://www.acedebtrelief.com or call the Ace Debt Relief hotline at 800-679-7488.

# # #

Attachments

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Debt Relief of America Provides Financial Solutions for Debt-Ridden Americans

Dallas, Texas (PRWEB) April 26, 2006 –-

With the highest consumer debt load since the Great Depression, Americans should educate themselves on their financial options when climbing out of debt, says T. L. Smith, the president of Debt Relief of America (DRA), a Dallas-based debt settlement company.

Smith states that consumers see paying continuous payments on their credit card bills, filing for bankruptcy or participating in a consumer credit counseling program as the only answer to their financial problems. Americans are not, he says, aware of a fourth financial alternative, working with a debt settlement company, like DRA, to rid themselves of consumer debt.

“Americans struggling to repay these debts, which have now soared to $ 800 billion as of December 2005, find it increasingly difficult to file for bankruptcy, due to Congress’ extensive changes made to the Bankruptcy Code, effective October 17, 2005,” says Smith.

Kristie Medlen, executive vice president of DRA, explains that the public has not been informed of debt settlement programs and the benefits it provides consumers. However, a widespread campaign was launched about bankruptcy, showing this as a solution to consumers’ problems.

The debt settlement industry, which was only organized in the last five years, provides most customers the opportunity to become debt-free in three to five years and only pay 50% of their total debt load. “Paying the minimum payments on credit card bills trap Americans into a 40 to 60 year debt-ridden cycle, which for many adults can mean an entire lifetime to pay off their debt,” says Medlen. Unless a customer can double up on their payments, they will only pay the creditors’ interest rates, which can range anywhere from 0% to 29.9%.

Consumer credit counseling, a creation of the credit card industry, makes consumers pay back all of their debt loads over a five to seven year period, making the program very structured and allows very little flexibility for clients when paying their monthly payments. For this reason, only 20% of the program’s clients complete the program. In addition, when Americans file for Chapter 7 bankruptcy, the presence of credit damage remains on their record for ten years.

“When consumers participate in a debt settlement program, they are in the driver seat and control their monthly payments,” says Medlen. After dealing with creditors for so long, consumers have little faith that they will ever recover financially and become discouraged. However, DRA and other debt settlement companies provide their clients with encouragement and the proper education, which allows clients to make informed financial decisions.

For additional information regarding the services provided by Debt Relief of America please contact TL Smith, President, at 1-800-242-2747.

About Debt Relief of America:

Debt Relief of America, located in Dallas, Texas and founded in 2002, has quickly become a leader in the debt negotiation industry providing debt ridden consumers an alternative to bankruptcy. Debt Relief of America provides debt negotiation services to more than 4,000 clients and has settled millions of dollars in unsecured consumer debt since 2002. Debt Relief of America also provides each client with continuing education related to personal financial management while in the program to allow the client to exit the program with a personal financial plan to avoid large amounts of unsecured debt in the future.

###

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

More Pay Debt Press Releases

Debt Counselling Report Offers Debt Help

(PRWEB) January 8, 2007

The Debt Counselling Report has been produced by debt help experts The Debt Counsellors to help people affected by personal debt in the UK.

The total of personal debt in the UK is now approximately £1.28 trillion and growing by £1 million every four minutes.

The Debt Counselling Report aims to provide essential information for those with debt problems, and emphasises the necessity of professional debt help.

The Debt Counselling Report offers advice on credit card debt, debt consolidation, insolvency, bankruptcy and the IVA, or Individual Voluntary Arrangement.

John Porter, a senior counsellor with The Debt Counsellors, says the report aims to improve public knowledge of UK debt and the available debt solutions.

Porter says: “It is very important for people in debt to know that there are solutions to their problems, even for the most serious cases. The Debt Counselling Report provides information and advice on debt problems and also offers information on how to move forward to the next step, which is to seek professional debt counselling.

“It is important for those with debt problems to get as much information as possible on the options that are open to them. The Debt Counselling Report can help with that and should be followed up with expert debt advice from a debt counsellor.”

The Debt Counselling Report can be viewed at http://www.debtcounsellors.co.uk/reports/debt-counselling.html.

For further information on debt counselling, visit http://www.debtcounsellors.co.uk/

###

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

More Help With Debt Press Releases

Freedom Debt Center Re-Launches As Debt Resolution Center

http://www.debtresolutioncenter.com/

Irvine, Calif. (PRWEB) July 26, 2010

Debt Resolution Center, previously Freedom Debt Center, the nationwide leader in custom debt settlement, bankruptcy and credit counseling services, re-launches to better meet the needs of millions of Americans facing the challenge of unsecured debt. The new Debt Resolution Center offers consumers expanded choices in settling their unsecured credit card debt. Now, the company is able to offer more personalized solutions that can uniquely service each individual consumer’s financial situation. The new mission is to restore financial stability in each American household with a unique solution. With the introduction of this debt resolution platform, each client will be provided a choice in reducing their debt and the tools to rebuild their financial strength. Since there is no one size fits all solution to the debt crises, this break through will give each family a solution to eliminate their unsecured credit card debt regardless of their financial circumstances.

To date, Freedom Debt Center has settled over 21 million dollars of debt; freeing clients from that terrible burden and the cycle of compounding credit card interest, fees and additional charges. Each of Debt Resolution Center’s consultants are thoroughly trained and required to achieve certification through Arbitrain Training Systems and the IAPDA, the International Association of Professional Debt Arbitrators. Debt Resolution Center is also an accredited member of The Association of Settlement Companies and has earned the reputation of being one of the most ethical and conservative debt relief providers. “This is groundbreaking for our industry and we expect this will be the model of the future for debt relief providers,” says Sean Cowell, Vice-President of Debt Resolution Center.

This aggressive new approach to providing custom solutions to each consumer is more important now than ever since there is no end in sight for the credit card debt crisis. While debt settlement is not for everyone it appears that debt resolution is. With a broader market of financially distressed consumers, Debt Resolution Center has stepped up to the plate to equip themselves with the right tools to support their mission.

About Debt Resolution Center

Since 2007, Debt Resolution Center has helped people free themselves from debt. Today they provide: debt settlement and bankruptcy services, credit counseling and debt management programs. They are committed to honorably, legally and ethically assisting struggling consumers in settling their debt. Visit http://www.debtresolutioncenter.com to learn more.

Media Contact:

Danielle Lafontaine

949.922.8519

###

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Free Debt Reports Produced by The Debt Counsellors

(PRWEB) January 29, 2007

Debt help experts The Debt Counsellors have produced a whole range of free reports to offer information and debt advice on the many types of personal debt problems in the UK and their solutions.

The UK Debt Help Manual, The Bankruptcy Report, The IVA Report, The Debt Management Report, The Credit Card Debt Report and The Debt Counselling Report all provide invaluable information on the nature and causes of personal debt, the methods of dealing with it and the necessity of professional debt counselling.

Personal debt is a huge problem in the UK, with the total calculated at over £1.28 trillion and estimated to be increasing by £1 million every four minutes.

Under these circumstances, it is essential for consumers to arm themselves with knowledge of personal debt and how to triumph over it.

To that end, the free reports from The Debt Counsellors offer clear analysis of the various types of personal debt and debt problems, such as credit card debt and bankruptcy.

They also explore the debt solutions to these problems, explaining the pros and cons of various processes, including the Individual Voluntary Arrangement, or IVA, and debt management.

John Porter of The Debt Counsellors says: “We have produced the free reports to raise awareness of UK debt problems and increase consumers’ knowledge of the debt solutions available.

“People worried about their personal debt can read these reports to find out what they can do about their situation and hopefully that will act as a first step to getting professional debt advice.”

To view the free debt reports from The Debt Counsellors see:

http://www.debtcounsellors.co.uk/reports/index.html

###

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Related Debt Free Press Releases

People are Starting to Take Charge of Their Debt Without Filing for Bankruptcy

Tallahassee, FL (PRWEB) March 17, 2006

The latest research shows, “Household debt and personal bankruptcies are reaching record highs.”

The Debt Diet is on; people all over the country are taking back their life by deciding to take on debt and live debt free. While everyone focuses on the word debt, this book: Payyourdebtnow.com focuses on how you can live free from debt.

According to Derrick Farmer, “Let’s get over the fact that you will always have debt. If you pay off your house, you will always have to pay property tax and utilities. If you pay off your car, you will still have to pay for gas and needed repairs. You can not pay off your telephone bill, so get over the fact about living without debt but you can live ‘free.’”

Free means that someone can pay their bills, and have money to save, and invest to spend on his or her family. This is what everyone wants to do with their pay checks.

The no carbohydrate diet was just a fad, this diet did not work. Does this sound typical: cut up the credit cards, consolidate the bills, create a budget, and change lifestyles, THIS DEBT DIET DOES NOT WORK?

According to the book, Payyourdebtnow.com, “In order for you to get out of debt, it is simple: YOU NEED MORE MONEY. Am I correct to say that if you had the money then you could pay off your debt? In no way do I suggest that you work two and three jobs to pay off debt. In most cases, working more jobs causes you to get into more debt. Why? Because people assume that the more they make; the more they are able to spend. This is why people with two jobs are still in debt.”

The secret to all of this is creating money from expenses. People do not realize that it is not the car payment that is putting them in debt, it is the small things. Termites destroy more homes then hurricanes. Yet, people take big precautions to protect their homes from hurricanes than termites. Yet, both are damaging. Understand that debt is not created by the big things it is the small things that put people in debt.

Remember if it is the small things that put a person into debt then it must be the small things that will bring a people out of debt. Do you know someone who has filed for bankruptcy (big thing) and is still in debt? It does not make any sense when you think about it. What about someone who refinanced their home (big thing) and still is in debt. What these people are doing is getting big things to get them out of what a small thing put them into.

I have much more to say, but lets be honest in a press release it is impossible, read an excerpt of my book at payyourdebtnow.com

Do these terms sound familiar, Zero Debt, How to get out of Debt, Stay out of Debt, Debt Free, Live Prosperously, Life without Debt, Debt-Proof Living, Financial Freedom, Debt Free Living, Live Debt Free, Debt Diet, Life After Debt, Debt Free Diet, Bankruptcy, Credit Card Debt, Pay it Down, Debt Management, No Debt, Credit Diet, Personal Finance, Debt Eliminator, Debt Counselors, Credit Card Consolidation, Debt Reduction, Debt Settlement, Credit Counseling, Debt Solutions, Debt Relief, Financial Advice, and Pay your Debt, wouldn’t you like to know how to get out of the debt merry-go-round?

###

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

More Pay Debt Press Releases

Debt Counselling Report Unveiled by The Debt Counsellors

(PRWEB) March 19, 2006

The Debt Counselling Report has been launched by debt advice experts The Debt Counsellors.

An in-depth look at the extent of UK debt, its causes and solutions, the Debt Counselling Report aims to provide invaluable information for those with debt problems, and emphasises the necessity of professional debt help.

Personal debt is an increasing problem in the UK, with the nation’s total standing at approximately £1.1 trillion and growing all the time. The Debt Counselling Report is a guide for people suffering with problems and looking for solutions to become debt free once again.

The Debt Counselling Report offers advice on credit card debt, debt consolidation, insolvency, bankruptcy and the Individual Voluntary Arrangement (IVA).

John Porter, a senior counsellor with the Debt Counsellors, insists that information and expert advice is essential in the battle against debt.

Porter says: “The important thing is that people in debt know that there are solutions to their problems, no matter how serious. Once that knowledge has been gained, they can then move forward to the next step, which is to seek professional debt counselling.

“The Debt Counselling Report provides information on the different types of debt to help those with problems fully understand their situation. It will also give them a good knowledge base with which to move forward and get expert debt help on the way to becoming debt free.”

The Debt Counselling Report can be viewed at http://www.debtcounsellors.co.uk/reports/debt-counselling.html.

For further information on debt counselling and UK debt help, visit http://www.debtcounsellors.co.uk/

# # #

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

More Help With Debt Press Releases

Debt Help Available from the Credit Card Debt Report

(PRWEB) July 23, 2006

Debt help experts The Debt Counsellors have released The Credit Card Debt Report to provide an in-depth guide to the nature and causes of credit card debt in the UK.

Credit card debt is a major contributor to the UK’s £1.19 trillion personal debt mountain – in fact, the nation’s total credit card debt in April 2006 was calculated at £56 billion, and according to the British Bankers’ Association, credit card borrowing went up by 16% in May.

The Debt Counsellors have compiled The Credit Card Debt Report to help address this growing problem and raise awareness of the issue.

The Credit Card Debt Report details the facts and figures surrounding UK credit card debt as well as exploring the reasons behind the situation and offering advice for combating personal credit card debt.

Also within The Credit Card Debt Report is a guide to using credit cards without getting into debt, a personal case study and advice on what to do when credit card debt gets out of control.

John Porter of The Debt Counsellors says: “It’s clear that credit card debt is one of the major factors of personal debt in the UK so we hope The Credit Card Debt Report will help people who are worried about credit card debt as well as those who simply want to find out how to avoid the credit card debt trap.”

The Credit Card Debt Report can be viewed at http://www.debtcounsellors.co.uk/reports/credit-card-debt.html

For further debt advice and information on credit card debt, visit http://www.debtcounsellors.co.uk

###

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Find More Debt Help Press Releases

Debt Management Alert: Personal Debt Reduction Campaign Fires Up This 4th July at http://www.debtburner90.com

Miami, FL (PRWEB) July 3, 2006

As America celebrates its Independence on 4th July, debtburner90.com will be starting up a massive debt reduction campaign, made up of a series of free, live teleseminars with leading debt and money management gurus.

Top debt management providers, credit repair counsellors and best selling finance authors will be brought together, to share their most powerful strategies to help thousands of people reduce their debts over the next ninety days.

Personal debt relief is a burning national issue as millions of Americans are overburdened with heavy debt payments, a large part of which is credit card debt. According to the Federal Reserve in 2006, consumer debt has averaged $ 7.3 trillion.

“Too many folks are in denial over their bad debt situation,” says Michelle B. Williams, creator of debtburner.com, “and that’s a major stumbling block to their efforts to reduce their debts.”

Many times people feel overwhelmed and confused about how to repair their bad credit or get too embarrassed to approach debt consolidation counsellors.

To remove these blocks to financial freedom, subscribers to debtburner90.com will be able to get helpful answers to their burning debt and credit repair questions. “Several of the nation’s leading credit debt consultants and financing providers will be interviewed. That way, individuals can decide which options are best suited to their particular needs and circumstances,” Williams added.

In an interesting twist, Williams has her own home-grown recipe to burn your debt in 7 minutes using your own barbeque grill. Sign-up for the debt reduction challenge at http://www.debtburner90.com to discover her debt elimination secret recipe.

###

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Find More Debt Free Press Releases