Debt To Freedom
Plan
The National Debt Relief Stimulus Plan became known as the Debt
to Freedom plan by a lot of consumers. The DebtFreeLeague.com
group changed the name to show consumers how the role of
bankruptcy could help consumers and businesses eliminate their
debts. This was seen as a debt consolidation alternative, but
the company is stressing that they feel that the debt
consolidation is still most consumers’ best way of dealing with
their debts. They are offering debt consolidation and reduction
benefits that are more in line with what most consumers need,
and are pushing for these over the more traditional route of
bankruptcy as they know the damage that can be done through the
filing of it to one’s credit.
They say that there is definitely a need for financial relief as
there are too many people out there in the middle class that are
not getting the relief that they need. They are trying to assist
those that have too much debt through their debt consolidation
programs as they can see that the alternative is not working out
well for them. They say that these companies that are stressing
the idea of the stimulus plan do not always have the consumers’
best interests at heart and they feel that there is more that
can be done for them.
The Debt Free League says that they changed the name from the
stimulus plan to the freedom plan as they felt that there were
too many people thinking that it was something that it was not.
They said that they felt the wording was misleading and they
wanted to ensure that they were still following their plan of
full and clear disclosure.
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