American Has a Debt Problem, and Debt Cleanse Wants to Fix It

CHICAGO, Nov. 20, 2018 /PRNewswire-PRWeb/ -- America has a serious debt problem that, for many, has grown beyond the help that loan consolidation, traditional debt settlement programs, and personal finance help can fix.

    --  77 million Americans have debts in collections
    --  20% of Americans are spending over half of their income on debt
        repayment, and 13% of Americans expect to be in debt for the rest of
        their lives
    --  10 million families owe more on their mortgages than their homes are
        worth
    --  60% of Americans with student debt in 2015 were not making payments
    --  Visit debtcleanse.com to see more startling statistics on debt in the
        U.S.

DebtCleanse is a solution for the ordinary Americans in the 99% who are honest and hardworking, but who have gotten caught up in the often predatory cycle of never-ending debt payments. The steps may sound non-traditional or extreme, but when locked in a grip of corporate greed and ruined credit, the DebtCleanse method offers a way to take control of payments, use bad credit to your advantage, and gain leverage over creditors.

Most debt solutions are simply ways to extract more money from debtors (in smaller payments over a longer period of time with more interest and fees), and it's time for a real fix that will work for everyday people, not for corporations.

A simple breakdown of how to break the debt payment cycle:

    --  Stop making payments
    --  Save what you would have paid
    --  Find flaws in your creditors' cases
    --  If necessary, contact an attorney
    --  Negotiate a single lump-sum payment for pennies on the dollar (and
        sometimes not a single cent)

Visit the DebtCleanse website for more information on the company's solution to debt.

These basic DebtCleanse steps are based on the methods that founder Jorge Newbery used after the financial crash and a natural disaster left him with millions of dollars in debts he could not pay. Once he managed to clear his debts, he wrote a book to guide others through the process, and all of these tools and strategies have been built into DebtCleanse.com online platform.

Premium Membership features:

    --  A debt tracker to stay on top of debts and stages of settlement
    --  A community Q&A forum to trade stories, share ideas, and receive advice
    --  A letter generator to create messages to hold creditors accountable
    --  A network of affordable attorneys motivated to help
    --  One complimentary attorney consultation and document review per month
    --  Member savings of 25% on any additional legal work

Free Membership features:

    --  A debt tracker to stay on top of debts and stages of settlement
    --  A community Q&A forum to trade stories, share ideas, and receive advice

DebtCleanse will launch both the free and paid platforms in early 2019.

About DebtCleanse:

DebtCleanse offers online tools and access to a network of affordable attorneys to help those with unaffordable debt assert their rights and clear their debts. The company aims to disrupt the debt cycle by challenging predatory creditors and giving ordinary people the platform to take back control of their lives and finances. Founder Jorge Newbery is author of multiple books including Burn Zones, DebtCleanse, and Stories of the Indebted, and is founder and chairman of American Homeowner Preservation, an online investment community that strives to keep homeowners at risk of foreclosure in their own homes.

SOURCE DebtCleanse