Debt Relief of America begins a program to offer debt negotiation services pro bono to qualified individuals seeking an alternative to bankruptcy. Debt Relief of America believes their efforts will continue to build the credibility of the industry with creditors, regulators, and the media.
Dallas, TX (PRWEB) May 18, 2005 -- Debt Relief of America (DRA), the premier
debt negotiation organization and member of the United States Organizations for
Bankruptcy Alternatives (USOBA), will pioneer a program offering its debt
negotiation services at no charge to qualified individuals. In an industry often
criticized for high fees, Debt Relief of America is the first to offer a program
to help those who can not afford the customary compensation of a professional
debt negotiation company but are serious about getting out of debt without
filing for bankruptcy protection. Debt Relief of America has started this
special program that will encompass 3% of its new clients.
“With the recent change to the bankruptcy law, there will be many people in need of an alternative to bankruptcy. We believe debt negotiation is the solution”, says Mark Williams, President of Debt Relief of America. “There is a small percentage of people that we talk to each day just can’t afford our services, however we need to remember why we started this company…to help people.”
For Debt Relief of America, the program will be a collaborative effort among departments. Running a debt negotiation company is expensive and margins are low to begin with and there will be some impact to the bottom line, but Debt Relief of America, its employees, and its investors, believe it is setting the standard and will help build the credibility of the industry with creditors, regulators, and the media.
Kallie Guimond of the USOBA agrees, "USOBA's members are dedicated to providing consumers with reasonable alternatives to bankruptcy. Programs like these not only show commitment to that cause, but also positively impact the way this industry is seen while helping those who need this industry the most."
“This year through April, we have negotiated and reduced our clients’ debt load by more than $1.9 million,” says Kristie Medlen, VP of Debt Relief of America’s negotiations department and member of the USOBA Standards Committee, “I think this new policy will improve our relations with creditors and could become a future USOBA standard.”
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 consumers an alternative to the woes of bankruptcy. Debt Relief of America provides debt negotiation services to more than 3,500 clients and has settled millions of dollars in unsecured consumer debt since 2002. Debt Relief of America was a charter member of the National Association of Consumer Debt Settlement Companies (NACDSC), is a member of the United States Chamber of Commerce (USCOC), and is a proud member of the United States Organizations for Bankruptcy Alternatives (USOBA).
For additional information regarding the services provided by Debt Relief of America please contact Paul Heckmann, VP of Operations, at 1-800-242-2747.
Debt Relief of America
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Source : http://www.prweb.com/releases/2005/5/prweb241131.htm