Press releases for debt negotiations

Debt Settlement Can Help Save Economy, Banks (2009-03-25)
Losses from credit card divisions are growing, but banks can mitigate losses through more active negotiations with consumers to settle debts for less than balances owed.

Unlawful Debt Collection Calls to Workplace Nearly Double (2009-03-18)
The number of complaints against debt collectors calling consumers at work nearly doubled between 2007 and 2008, according to recent report from the Federal Trade Commission.

Personal Finance Executive Talks about Cost of Consumer Debt Relief (2009-03-12)
Consumers ultimately pay for non-profit as well as for-profit debt relief options.

Record Data Breaches, Consumers Urged to Safeguard Identity (2009-02-27)
As data breaches and reports of identity theft soar, so does the need for consumers to know what is being reported to their credit files.

Consumers Urged to Comment on Bank Overdraft Rules before March 30 (2009-02-17)
Banks can currently enroll consumers in expensive automatic overdraft protection services without active consent. The Federal Reserve is calling for public comments on proposed rules designed to curb this practice.

Debt Shield Executive Warns Consumers about CCC Limitations (2009-02-17)
Statistics confirm that credit counseling cannot help many consumers with overwhelming debt. Debt settlement company CEO alerts consumers to the restrictions and limitations of credit counseling.

Fair Debt Collection Laws Protect Financially Struggling Consumers (2009-02-09)
Unemployment spells financial distress for consumers and more unpaid credit card accounts. As creditors turn accounts over to debt collections, consumers need to become aware of fair debt collection laws to guard against abuses.

Recession Offers Hope for People Struggling with Credit Card Debt (2009-02-03)
The current economic recession is providing credit card companies with ample motivation to negotiate reductions in credit card balances for struggling consumers.