Freedom Debt Relief Helps Consumers Avoid Bankruptcy With Debt Reduction Services

Company saves clients $15.5 million in settled debt during November

San Mateo, Calif. (Vocus) December 17, 2009 -- Freedom Debt Relief (FDR) settled $26.4 million in consumer debt during November, bringing the amount of debt it has resolved for consumers nationwide this year alone to $265 million.

The November settlements represent savings of $15.5 million on 4,926 accounts for FDR’s clients. Since the beginning of the year, FDR has saved clients $155 million on nearly 51,000 individual accounts.

The results that FDR’s settlement team obtained in November represent an average savings rate of 58.4 percent of settled debt (total client debt balances at the time of settlement, before program fees). In other words, FDR clients paid an average of just 41.6 percent of the total debt amount they owed at the time of settlement.

For example, an individual who had accumulated $30,000 of credit card and other unsecured (i.e., not mortgage or auto) debt paid, on average, just $12,480 of that debt, thanks to FDR professionals’ ability to settle with the individual’s creditors. In this manner, FDR acts as an independent consumer advocate on behalf of its clients to help them resolve serious debt burdens in a timely manner.

Source: Earthtimes (press release)

Rick Funk: Investors return to Real Estate Market!

Rick Funk has over 31 years experience as a Top Level Production Realtor. constantly building on his Real Estate knowledge by participating in many educational programs geared towards all affiliated Real Estate Topics. These include Mortgage Loan Brokering and Lending, Real Estate Finance, Real Estate Principles, Real Estate Law & Legal Aspects, Appraisal, Economics, Real Estate Tax issues and Property Management. Rick is also a Mortgage Loan Officer with a good working relationship with financial institutions and their many types of loan programs and an exceptional comprehension of the most up to date technological advancements in the computer and internet industry and how they relate to Real Estate. "If you find a well priced property located in a healthy rental market and are able to manage and monitor the property and maintain a positive cash flow from the onset for a unit used strictly for income purposes, rather than being held with the expectation of price appreciation, this could be a good time to become a landlord," said Nancy Osborne, chief operating officer of Erate.com , a Santa Clara, CA-based financial information publisher and interest rate tracker.

Source: Rick Funk: Investors return to Real Estate Market!

Debt Relief & Management Tips : How to Consolidate Car Loans

Consolidation car loans can be done for many cars or refinanced if it is just for one vehicle. Consolidate car notes with tips from a consumer ...