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Debtmerica Recognized as an Accredited Organization in Compliance
with TASC Best Practice Standards at Annual Conference

LOS ANGELES/April 28/PRNewswire/ Debtmerica, LLC, a nationwide debt settlement firm, received the "TASC Best Practice Standards" award from The Association of Settlement Companies (TASC). The award was presented to Debtmerica at the annual TASC conference which was held the first weekend of April in Las Vegas, NV.

The audit is thorough and includes a review of items such as the company's website, financial position, history and employee training records. Calls are made to each company to evaluate the legitimacy and accuracy of employee responses to common consumer debt questions. The overall audit evaluates companies for their competence and performance abilities.

"The audit was incredibly detailed and we are very pleased that we are now accredited; receiving such great feedback. This accreditation is a direct result of our staff's hard work and on-going commitment to not only the company but to the thousands of clients they enroll each month into our debt reduction program", says Harry Langenberg, co-founder and managing partner of Debtmerica, LLC.

Debtmerica has been settling debt since 2006 and currently has one of the largest staff of debt consultants in the country. The firm offers its clients an alternative to bankruptcy when dealing with unmanageable consumer debt. Their aggressive approach to settling debt has historically reduced consumer debt up to 40-60% of the original debt amount, enabling consumers to become debt free in as little as 12-36 months.

The downturn of the real estate industry has caused many people who were once employed there to turn to debt settlement as a new opportunity. This sudden massive interest in debt settlement has brought a lot of attention. However, some companies out there saw it as an opportunity to take advantage of consumers during these desperate times. Thus, TASC was formed in 2005.

TASC was created with the goals of promoting good business practices within the debt settlement industry and to protect consumers by setting standards for its members. To foster fair regulation of the industry, lobbying efforts are also made on the state and federal level on behalf of debt settlement companies. Such recognition, such as being Accredited in accordance with the TASC Best Practice Standards has enabled companies like Debtmerica, to separate themselves from the pack.

"In today's financial crisis there are some companies out there that take advantage of consumers while they are down. The concerns of consumers are absolutely valid," says Jesse Torres, co-founder and managing partner of Debtmerica, LLC. "I am pleased that TASC has implemented a standard in which debt settlement companies are measured by and that Debtmerica has been recognized by TASC as we continue to be dedicated to our clients' success."

For more information, visit www.DebtmericaFreedom.com

About Debtmerica

Debtmerica, headquartered in Orange County, CA, provides assistance to families who are experiencing financial difficulties and hardship. Its focus on negotiated debt settlement provides a very powerful solution with the ultimate goal of helping its clients get debt free and remain so. By actually reducing debt balances over the course of the program and providing an affordable monthly payment, consumers can experience lasting benefit to their financial well-being.

An Alternative To Bankruptcy, Credit Counseling, & Debt Consolidation

While bankruptcy is a legitimate route to get out of debt, it can negatively affect your credit for as long as 10 years. With Debtmerica's alternative debt resolution program your debt is reduced, and once your creditors accept our settlements, the amount will be as payment in full. You can gain freedom from debt without having to suffer the long-term financial, emotional, and social impacts often associated with bankruptcy.

With credit counseling your credit card balances may not be reduced, it could take as long as 5 - 7 years to pay off your debt, and your interest rate may only be reduced slightly. In addition, if you miss just one monthly payment, you could be dropped from the program altogether.

A debt consolidation loan requires considerable equity in your home and an above average or good credit rating. You do not reduce or settle your debt to a lower amount; you only transform unsecured debt into secured debt.

Debtmerica's debt resolution program can cut your credit card debt up to 60%, provide one low monthly program payment, and have you debt free in as little as 12 to 36 months.

 

*Estimates are based on historical results and individual results may vary, including the ability to save sufficient funds to complete your program, the creditors in your individual portfolio, and underwriting guidelines. Statements made are examples of past performance, which are not intended to be a guarantee of any future settlement results. When you contact Debtmerica, LLC we will attempt to understand your situation and determine whether you are qualified for our debt resolution programs. Debtmerica, LLC assists with unsecured debt only and any use of “debt free” only applies to accounts that are successfully enrolled and upon program completion. While our programs work aggressively to reduce your debt balances, creditors are under no contractual obligation to negotiate or accept settlement offers. Debt reduction percentages do not include program fees; guarantee that your debt balances will be lowered by a specific amount or percentage, or that you will be debt free within a specific time period. However, if at the completion of your debt resolution program your total debt reduction equals less than two (2) times the amount of fees paid, we guarantee to refund a portion of those fees. This refund is calculated so that your fees will never equal more than one-half (1/2) of your total debt reduction. This fee guarantee does not apply to consumers referred to debt resolution programs utilizing attorney-based negotiations. We do not assume consumer debt, make monthly payments to creditors or provide tax, bankruptcy, accounting or legal advice and we do not provide credit repair services. Please contact a tax professional to discuss tax consequences of debt settlement. By providing your contact information, you agree to receive return telephone calls, emails or other communications from Debtmerica, LLC and/or its affiliates and expressly waive any “No Call” preference or registration. Photographs used are not actual clients. Debtmerica, LLC is not affiliated with MSNBC, Fox, CBS, MarketWatch, USA Today, Inc. 5000 or OCBJ and logos used are registered trademarks of their respective owners. Not available in all states. Read and understand all program materials prior to your enrollment.

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