ADNS Introduces the "Mortgage Savers" Program

BURBANK, CA (April 15, 2002) - American Debt Negotiations & Settlements, LLC, (ADNS) has launched a new program to help consumers who have had a hardship and have been rejected for a mortgage refinancing due to high credit card debt. ADNS, the nationally recognized leader in it's industry---has developed specialized programs for businesses and consumers whose credit has been compromised.

A loss of employment, decreased income, business reduction , an illness or injury, or a divorce -- these and other unforeseen events can cause financial problems that catapult a consumer with good credit into the ranks of the "credit impaired." A consumer is often penalized with credit rejections or high interest rates for years as the result of a one-time credit problem or short-term bad luck. ADNS designed the Mortgage Savers program as an integrated package to support clients wanting to refinance their homes to pay down overwhelming credit card debt. Modeled after business debt restructuring, ADNS is providing a new model for mediated settlements to consumers.

"Since starting this program just last year, many of the major mortgage lenders have caught on and are now working with us to provide a much needed solution for borrowers who have had a hardship." said Harold Reis CEO of ADNS. "Most of our clients have had perfect credit until recent times. They're good people and good credit risks who have just come upon hard times. They well deserve a break and we're seeing that they get it!"
The savings can be dramatic! An average client with $50,000 of credit card debt is saddled with minimum monthly payments often over $1,300 monthly, on top of their mortgage. With a negotiated reduced debt and subsequent refinancing, they can save an average of $800 monthly and be totally free of credit card debt and more importantly, avoid an unnecessary bankruptcy.

Consumer debt has doubled over the past few years alone, and is now at an all time high of $1.2 Trillion. With over 100,000 individuals declaring bankruptcy monthly, the need for an affordable alternative has become a necessity. To meet the needs of all customers, ADNS has developed low monthly payment plans within a households budget.

American Debt Negotiations & Settlements, LLC, provides businesses and consumers with affordable payment plans to settle their debts in 24 to 36 months. With major financial institutions as partners ADNS is the nationally recognized leader within the debt settlement industry. ADNS is headquartered in Burbank, California and provides services to clients nationwide and internationally to those doing business with U.S. financial institutions.


For more information about ADNS's services, call 818-238-0001. Web Site: www.american-debt-negotiation-settlements.com/




This article courtesy of http://lowdebtconsolidation.com.
You may freely reprint this article on your website or in
your newsletter provided this courtesy notice and the author
name and URL remain intact.

Did you find what you are looking for? If NOT.. Try google.

Submit Your Article