Hurricane Katrina Victim Reclaims His Life with Debt Consolidation Alternative

Dallas, TX – Credit Solutions announced today the successful debt repayment of Hurricane Katrina victim, Josh Wright, just before the devastating storm’s two-year anniversary. Wright finished repaying his debt on August 1, 2007, saving more than $20,000.

Katrina destroyed Wright’s established financial-planning business, saddling him with more than $30,000 in taxes and $57,000 in credit card debt. He sold his client base, but it did not come close to covering his debt. “Even after selling my business, I had to figure out a way to take care of this debt,” Wright noted.

Wright moved to Dallas to live with family and to reclaim his life. He was unemployed for three months and he researched numerous debt-relief programs, including bankruptcy. Wright said some debt-settlement companies wanted a huge fee upfront, which he could not afford. He finally decided on Credit Solutions. “This was the easiest decision in the world,” said Wright. “It’s 10 times less expensive than debt consolidation and you can pay off your debt quicker,” he said. “I paid the taxes off in six months, and today, I just settled with the last credit card and finished Credit Solutions’ program,” said Wright.

After fully repaying his debt in only 20 months, Wright now promotes the benefits of Credit Solutions. He works as a debt consultant for the company, using his financial background and personal experience to help others conquer their debt burdens.

In the wake of the credit crunch, more individuals are seeking to manage their money better and to reorganize their debt to improve their financial health. Many are searching for debt consolidation alternatives to avoid the staggering amount of interest charges. Wright said Credit Solutions’ debt consolidation alternative is the best debt-relief option. “I’ve never heard of anyone with a lower monthly payment than Credit Solutions,” he said.

Credit Solutions has helped more than 70,000 people from all walks of life relieve debt and begin living debt free. In July, Credit Solutions handled $25 million in debt for clients, a new debt-settlement industry record.

Credit Solutions is the leader in the debt-settlement industry, managing over $1.2 billion of debt. It is an interactive, web-based company located in Dallas, Texas. Debt consultants negotiate with clients’ creditors to lower outstanding debts. Credit Solutions was founded in 2003 and has grown to more than 650 employees.

Credit Solutions is a member of the Greater Dallas Chamber of Commerce, the American Bankers Association and the United States Organizations for Bankruptcy Alternatives (USOBA). It recently received the prestigious J.D. Power and Associates recognition for “An Outstanding Customer Service Experience” for their national call center operations. For J.D. Power and Associates Certified Call Center ProgramSM information, visit www.jdpower.com .

###
Credit Solutions
15601 N, Dallas Parkway
Dallas, TX 75001
Heath Tudor, Marketing Director
For information: http://www.creditsolutions.com or
Contact: htudor@creditsolutions.com
Phone: 941-468-2453