1000 Financially Stressed Consumers Graduate from the Attorney Based Debt Resolution Program

Online, September 8, 2010 (Newswire.com) - LOS ANGELES........ Debt settlement remains under the spotlight, however the fact is for many Americans is has been a great success. For Morgan Drexen, Inc., the Numbers speak for themselves as they congratulate the 1000th graduate represented by an attorney based debt resolution program supported by Morgan Drexen.

Morgan Drexen works with attorneys throughout the nation, in providing automated legal software and automated support to help consumers in financial hardship. These attorneys offer an evolving alternative to traditional debt settlement. Their two-tiered debt resolution program aims to prevent consumers facing the adversity that comes with bankruptcy. This week, the number of consumers helped by this alternative debt settlement method reached 1000 consumers.

Morgan Drexen CEO Walter Ledda says, "This week the number of consumers helped by this alternative debt settlement method reached a staggering 1000 customers. That is 1000 families that will no longer be afraid to answer the phone in fear that it is a creditor harassing and threatening them."

The administrative automated and legal support given by Morgan Drexen allows attorneys to focus on the consumer and their financial needs.

Eric Rosen an attorney licensed in both New York and Florida says: "I am thrilled. Reaching these milestones make the Friday evening and the 9:00 p.m. calls with clients worthwhile."

Debt resolution is not a one size fits all settlement but with more than $15 million of debt reduction. The debt was settled at around 40 cents on the dollar. This program clearly is a big success.

Vincent D Howard an attorney licensed in California says." During these tough economic times, it feels good to know that 1000 families have returned to a debt free standard of living and that they got there with the help of our law firm's partnership with Morgan Drexen."

Michael Ray, a California resident contacted The Howard/Nassiri Law firm concerned about his $18,000 debt. He says. " Creditors were calling, my wages were garnished. I hired the attorneys and everything stopped. That was a good thing."

Christopher Hewitt was the 1000th graduate. His medical debt of $15,000 was more than he could cope with. " I met with the attorneys. They set me up with a payment plan that included the fees and paying off my account. I am very relieved."
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