SOURCE: National Debt Relief Program

August 20, 2010 13:08 ET

National Debt Relief Program Connecting Consumer, Providers

With Millions of Americans Drowning in Debt, Relief Network Connects Those Who Are in Need of Debt Help With Providers of Debt Relief Services

SAN FRANCISCO, CA--(Marketwire - August 20, 2010) -  Debt relief for U.S. consumers is needed today now more than ever. Despite the New York Times August 2nd op-ed piece penned by Treasury Secretary Geithner -- "Welcome to the Recovery", a true recovery has yet to begin, and all indications are that unemployment is once again rising.

Many people forget that under the Clinton administration the methods for calculating the national unemployment rate were changed so that those who have been unemployed for longer than one year are no longer counted. Once their unemployment hits one year and one day, they are dropped from the unemployment rolls and no longer counted as unemployed. The New York Post asserts that the true unemployment rate is closer to a staggering 22%, rather than the official unemployment rate of 9.5%.

The fact is that working class America today is drowning in personal debt, facing a mortgage crisis with no end in sight, personal bankruptcies are at historic levels, and many find themselves still without a job. Debt relief providers today offer many programs and services to help those who are struggling with debt to reduce their debt burden and establish a road map for getting out of debt.


Consumers have options today. It's recommended that a person consider all debt relief programs and services before deciding on a program that fits their needs. These programs include debt relief programs that work with a person's creditors to either significantly reduce debt balances and settle the accounts for the reduced amounts, as well as programs that work with a person's creditors to reduce interest rates and fees. These debt relief programs also consolidate debt into a single monthly program payment. Those struggling with serious amounts of debt should also consult with a bankruptcy attorney to fully understand all of their debt relief options.

National Debt Relief Program offers a free debt relief evaluation which can be taken advantage of at their website:

Contact Information

  • Contact:

    Natalia Kobseva