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Debt Settlement

Our Mission

With the economy in the most crucial downward slope since the great depression, Americans are being faced with tough credit and financial decisions. Our mission is to seek out all options for home owners, consumer creditors, and victims of the biggest mortgage debacle in history. With the ever changing stimulus bill and other government assistance programs our network will help you get back on track and living the life your derserve.
Credit Card Bailout Has Arrived
Thursday, 23 April 2009 16:04
June 16, 2009

Credit Bailout: Issuers Slashing Card Balances

By DAVID STREITFELD

The banks were bailed out last fall, the automobile companies last winter. For Edward McClelland, a writer
in Chicago, deliverance finally arrived a few days ago.

Although there are few independent statistics on the settlement industry, there is no doubt that some

generous deals are being done.

Consider Bedros Alikcioglu, a gas station owner in Newport Beach, Calif. He owed $112,000 on four cards

and was paying $3,000 a month in interest and late fees. “It was so hard to earn that money, and paying it to nowhere didn’t make sense anymore,” said Mr. Alikcioglu, 75.

He signed up with a debt settlement company, which negotiated deals with his creditors to settle for about 35 percent of his balance.

“I did not want to leave the legacy of bankruptcy,” Mr. Alikcioglu said. “I am now at peace.”

 

 
Credit Companies visit White House, will Obama still have his same thoughts?
Thursday, 23 April 2009 15:48
 
Thursday, 05 March 2009 00:13

Obama throws $75 billion lifeline to homeowners

Obama unveils $75 billion mortgage relief plan
MESA, Ariz. – President Barack Obama threw a $75 billion lifeline to millions of Americans on the brink of foreclosure Wednesday, declaring an urgent need for drastic action — not only to save their homes but to keep the housing crisis "from wreaking even greater havoc" on the broader national economy. The lending plan, a full $25 billion bigger than the administration had been suggesting, aims to prevent as many as 9 million homeowners from being evicted and to stabilize housing markets that are at the center of the ever-worsening U.S. recession.

 

 
Wednesday, 28 January 2009 02:37

Obama signs stimulus bill, readies homeowner plan

President Obama signed a mammoth $787 billion stimulus package and readied a $50 billion rescue plan to help homeowners facing foreclosure.