Debt Relief of America Joins United States Organization of Bankruptcy Alternatives (USOBA)
Debt Relief of America, the premier debt negotiation organization in a rapidly growing industry, recently became a member of the United States Organizations of Bankruptcy Alternatives (USOBA) to provide further leadership within the industry through its commitment to integrity and industry reform.
(PRWEB) March 3, 2005 -- Debt Relief of America, the premier debt negotiation
organization in a rapidly growing industry, recently became a member of the
United States Organizations of Bankruptcy Alternatives (USOBA) to provide
further leadership within the industry through its commitment to integrity and
industry reform. Prior to joining the USOBA, Debt Relief of America was a
founding member of the National Association of Consumer Debt Settlement
Companies.
The USOBA has become the leading organization and was founded
by members of the industry seeking representation specifically for debt
negotiation outside of credit counseling and bankruptcy law. The mission of
USOBA is to create and advocate an agenda solely for the debt negotiation
industry. “The USOBA provides Debt Relief of America a voice in Washington,”
says Mark Williams, President of Debt Relief of America, “allowing companies
like ours the ability to highlight the differences of debt negotiation to
lawmakers verses debt consolidation and bankruptcy.”
Debt
Negotiation
Each year, more than 1.6 million Americans file for bankruptcy
protection. However, most consumers are unaware of debt negotiation as an
alternative. Debt Negotiation companies, such as Debt Relief of America, provide
consumers with an alternative to bankruptcy allowing them get out of debt fast
without the long term, negative effects on the consumer's credit.
“In
essence, debt settlement (or debt negotiation) can help you get out of debt for
the least amount of money in the shortest amount of time without filing for
bankruptcy,” says Dee Dee Sung of the Detroit News, “…it's important to be clear
that debt settlement is not the same as debt consolidation, credit counseling or
bankruptcy. Too often people make the mistake of assuming there is a lot of
overlap between the different programs.
When selecting a debt-settlement
company to work with, here are some things to look for:
•The company has been
in business a minimum of two years.
•The debt-settlement plan takes no longer
than three years to complete.
•The company requires your direct participation
versus doing everything on your behalf.
•Most importantly, the company is a
member of the United States Organizations for Bankruptcy Alternatives
(USOBA).”
Debt Negotiation Success
“In 2004, Debt Relief of America
negotiated and reduced our clients’ debt load by more than $2.5 million,” says
Kristie Medlen, VP of Debt Relief of America’s negotiations department, “we work
extremely hard to negotiate the best outcome for our clients. With now more than
2,500 clients in our program, we expect to negotiate more than $8 million in
client debt in 2005 with the average client in our program for no more than 36
months.”
For additional information regarding the services provided by
Debt Relief of America please contact Paul Heckmann, VP of Operations, 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 2,500 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. Debt Relief of America
is a proud member of the United States Organizations for Bankruptcy Alternatives
(USOBA).
# # #
Source : http://www.prweb.com/releases/2005/3/prweb213732.htm