Debt Free League loves to help San Diego Debt Relief seekers with the Debt-to-Freedom Plan. Every month, we receive client testimonials talking about how we helped them avoid bankruptcy or alleviate creditor harassment. And whether we help people to liquidate their credit card debts, medical bills or business debts at a fraction of what they owe, what we truly give our clients “peace of mind.” That said, what makes a Debt-to-Freedom Plan client?

To determine if you’re a San Diego Debt Relief candidate, call 1-800-213-9968 and we’ll analyze your financial situation and explain to you the differences between credit counseling, bankruptcy, a consolidation loan and the benefits of the Debt-to-Freedom Plan. Then, if you’re pre-qualified, we’ll review your application, including your income and expenses and factors that contributed to your financial hardship. Below is a summary of our underwriting variables:

1) Financial Hardship (reason for being in debt; how long in debt; what other parties were affected by the hardship.)
2) Financial Profile (monthly income and expenses; assets; financial obligations.)
3) Creditors (how much is owed; type of debt; status on late payments.)
4) Miscellaneous Factors (type of employment; dependents; prior bankruptcy, etc.)

Upon approval, a verification call will be made to welcome you aboard as a Debt-to-Freedom Plan client. You will also be set up on a flexible payment plan. Then, our negotiators will go to work!

Our negotiators are the main artillery of the Debt-to-Freedom Plan. One of them will be negotiating a settlement or debt repayment plan with your creditor or the debt collector assigned to your debt. Generally, the greater your hardship is, the bigger your settlement. Below are real examples of some of our client’s financial hardships:

Client #1: This individual was unemployed and his only source of income was his unemployment checks and emergency savings, which was quickly being depleted in order pay bills. He also had to support a wife and two daughters that resided overseas.

Client #2: This individual lost work bonuses as a result of the real estate market slowdown. He also incurred considerable medical bills due to an illness that landed him in the ER. Due to the substantial drop in his employment income, he had to use his credit cards to pay for his medical bills.

Client #3: This individual was forced to quit working after acquiring thyroid cancer, which led to breast cancer. Having to rely on just her husband’s employment income, her family had no choice but to use credit cards to pay cover bills and living expenses.
All of the above people once saw doom and gloom not knowing how to get proper San Diego Debt Relief. However, the following Debt Free League Client Testimonial shows light at the end of the tunnel:
“March 16, 2012

My name is Yamilette Martinez and I am writing this letter so that others can learn about the services that Debt Free League can provide in order to help those overwhelmed by debt. I’m so glad to say that I am finally a graduate of the program and although throughout the years it was rough sometimes, the customer service representatives were always there to try and help me, ease my concerns or answer any questions I was having about my account. They were always very professional, compassionate and understanding of what those of us with huge debt are dealing with. I say, if you’re tired of debt collectors calling and harassing, or just tired of feeling like your debt is uncontrollable, then you should try giving Debt Free League a call. I’ve learned a lot about managing my money now, and hopefully I will never have to go through anything like this again, owing anyone money just doesn’t feel good but at least I know that if I were to do it all over again, I could count on this program to see me through it. Like anything else, I’m not going to say that everything about the program was perfect or easy, but that pales in comparison to the fact that this program did what it set out to do, which was not only to help me get out of debt, but to save me lots of headaches and money in the end. To this I am forever grateful.”

Graduates of the Debt-to-Freedom Plan see there is life after debt. Feel free to Call Debt Free League to compare your San Diego Debt Relief benefits, the toll-free number is 1.800.213.9968.

If corporations are people, where's debt relief for the people?

While at the Iowa State Fair, Romney quoted, “corporations are people.” He tried to make the argument that money goes to people through companies. But, it was no laughing matter. Not for working class Americans, the unemployed or people stuck with high federal income taxes. And, if corporations are in fact “people”, the equal rationale is that people are “corporations.” Obviously, no factory can manufacture a product without a factory worker and no farm can harvest a crop without a farm worker.

Thus, it’s unequivocal that people are the essential lifeblood of corporations. People are also the primary component of the corporate profit mechanism. Yet, there is a wide-scale income disparity between people – the 99% and corporations – the 1%.

Illustrating the economical disconnect, in 2011 there were 412 U.S. billionaires with a net worth clearly extrapolated from the coffers of corporations and the exploits of American workers. Incredibly, from the total number of billionaires, precisely six Walton family members (founders of Walmart) represent a net worth equal to the bottom 30 percent of all Americans.

In contrast, according to the U.S. Census Bureau, in 2010 the nation’s poverty rate rose to 15.1% (46.2 million). Of the developed countries, only Israel, Mexico, and Chile have higher poverty rates.

Additionally, as U.S. taxpayers are revitalizing from a recession, they are are also paying a greater share of federal income taxes than many corporations.

Between 2008 and 2010, thirty U.S. corporations, including General Electric, Verizon, and Wells Fargo, paid less than nothing in aggregate federal income taxes. And, some wonder why the great divide between the 1% and the 99% continues to widen.

Romney also made the following unconscionable response to a question on what should be done about housing and foreclosures: “Don’t try and stop the foreclosure process. Let it run its course and hit the bottom. Allow investors to buy homes, put renters in them, fix the homes up. Let it turn around and come back up.”

However, Romney’s surrealistic response was apathetic to millions of homeowners that are in peril of losing their homes, not out of choice, but because of Wall Street (“corporations”). Corporate greed catapulted the mortgage lending crisis. which consequently caused millions of workers to be without jobs.

Insensitive to the ongoing housing crisis, Romney seems oblivious that America’s working class has never received any federal debt relief, loans, or bailout money. However, in December 2008 the Federal Reserve gave corporations a combined $1.2 trillion in bailout money, courtesy of U.S. taxpayers.

Bloomberg Markets magazine now reports that the bailed out banks also took tens of billions of dollars in emergency loans and used the Fed’s below-market rates to reap an estimated $13 billion of income.

Since the aspiring President claims corporations are people, why not ask corporations, “Where’s the people’s share of the profits?” Moreover, you might as well ask the Federal Reserve, “When is consumer debt relief finally coming?

(Youtube video)

Yet, despite amassing colossal profits, corporations aren’t paying it forward. Instead, in 2012 another onslaught of foreclosures by the largest mortgage corporations, including Bank of America, GMAC, and JPMorgan Chase is expected to displace more homeowners into the streets.

Sadly, this year the saga of the soon-to-be homeless taxpayer continues. Financial hardships will also cause millions to contemplate bankruptcy. But, it’s just another happy new year for numerous corporations, which get to enjoy paying little or no federal income taxes.