Herbert Addison, JD, CHC to Head Financial Management Tool Shed Under New Bankruptcy Reform Act of 2005

National housing counseling expert to head financial literacy company providing financial management counseling to consumers interested in filing bankruptcy.

(PRWEB) May 4, 2005 -- On April 20, 2005, President Bush signed the most sweeping reform of the US Bankruptcy Code in 25 years. The new law will take effect in October 2005 and will require all consumers to undergo financial management/credit counseling prior to filing for Chapter 7 or Chapter 13 protection.

SYH University, LLC is a for profit Florida based Limited Liability Company that will operate as a tool shed for educational materials, training and counseling services to millions of Americans who are having trouble managing their debt.

Herbert “Tony” Addison is a leading foreclosure prevention and debt management expert, a business consultant and accomplished author. Mr. Addison received his law degree from the University of South Carolina School of Law. He is a certified housing counselor and is a member of the Virginia Association of Housing Counselors. Mr. Addison is co-author of the acclaimed book, How to Save Your Home, ISBN# 0-9753754-0-7, that teaches homeowners principles and strategies of loss mitigation to avoid bankruptcy and to stop foreclosure. He also has been published in Service Management Magazine and other media outlets.

In 2003, Mr. Addison and Michael Taylor, Sr. co-founded Save Your Home, Inc., a national housing counseling service that has helped thousands of families in financial crisis. Mr. Addison is a professional speaker and was the key note speaker for ABN-AMRO on the topic of bankruptcy and financial literacy in November 2004. He will also appear as a leading expert in the July edition of Black Enterprise Magazine.

“SYH University will provide a tool shed of credit counseling, financial management instruction to consumers, and business consulting services to non-profit credit counseling agencies, bankruptcy attorneys and business owners seeking commercial loan financing up to $1,000,000” says Addison. “The creditors are winning in Washington and consumers must learn financial literacy or they will be forced into a second class financial system of high fees and sub-standard housing.” Financial management instruction under the bankruptcy reform will be available nationwide on the internet, by telephone and through non-profit agencies licensed with SYH University.

To interview Mr. Addison or to review a copy of the book, please contact the Columbia office at 803-788-6464.

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Source :  http://www.prweb.com/releases/2005/5/prweb235909.htm