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 Americas 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).
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