subject: Obama Credit Card Reform Bill – How To Get Legitimate Help With Credit Card Debt [print this page] If you are knee-deep in credit debt you often wonder how you are going to get out of the situation without ruining your credit report or filing for bankruptcy, the Obama Credit Reform bill can help you out of your situation.
The President Obama Credit Card Reform program can help you if you are close to filing Chapter 7 or Chapter 13. It can help you get your past due debts erased.
Now, You may want to know how this program works.
The Obama Credit reform program is basically the stimulus package that was initiated in the beginning of 2009, right when President Obama took office. The stimulus package that was signed, immediately put billions of dollars into the economy and was designed to get your creditors and the automobile industry out of debt as quickly as possible.
Fact: Now this benefit can be passed on to the average consumer who has over $10,000 in unsecured debt. Your creditors,using the money from the Obama Credit Reform bill, are now allowing you to erase as much as 50- 60% of your past due debts. The benefit of reducing the amount of money you owe is very real!
Fact: That means $20,000 in credit card debt can be shrunk by $12,000!
This program is also called "President Obama credit card debt relief program", as it comes directly from the stimulus money put into the economy to help get the United States out of its recession before we have a repeat of the great depression of 1930's. Remember, if you are over $10,000 in debt to one or more creditor you owe it to yourself to take advantage of the Credit Card Reform Act of 2009 that was passed by President Obama.
You can get free information from the companies that work within the stimulus package. It will help you get back on your financial feet. It will also help you get out of your current difficult position so you can live your life again.
The information is free to you and only takes a small amount of time. You owe it to yourself to see how much debt you can get erased from your credit profile.
You can get free information to help you get rid of your debts. Erase Your Credit Card Debt. Just enter how much you owe to see what you can get erased.
Obama Credit Card Reform Bill How To Get Legitimate Help With Credit Card Debt