Keeping thing simple Debt Settlement Debt Settlement Program Overview 01 Are you,or Anyone you Know… Afraid to answer the phone because it might be a creditor calling for you? Angry, Depressed or Anxious about your financial situation?
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These are the symptoms of people in Financial distress… You’re not alone.
Consumer Debt has reached epidemic proportions in the United States
Americans have accumulated more than $2.6 trillion in consumer
debt & charged more than $963 billion on their credit cards *
Bankruptcies are the primary cause of the backlog in the U.S. federal-court system – over 2 million Americans filed bankruptcy in 2005, the same year the new “creditor friendly” bankruptcy reform laws went into place. In 2006, bankruptcy filings dropped 80%.
*Source: (2/09) Federal Reserve
Disintegration of the American family
Over one billion credit cards in circulation
About 40% of borrowers make only minimum payments on their credit card bills
83%* of divorces cited “debt and financial distress” as the primary factor for the ending their marriages
*(2001 survey by the American Bar Association)
Fastest way to be debt free for the lowest cost while avoiding bankruptcy.
Public Utilities MAC Tools SECURED accounts Kawasaki or Yamaha accounts Student Loans that are
federally secured Payday Advances Military Accounts (Star, Omni) Federal Credit Unions
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