Debtmerica Press Releases
Debtmerica Ranks #34 Fastest-Growing Financial Services Company by Inc. Magazine
Tuesday, September 01, 2009 10:24 PM
Despite economic conditions, Debtmerica more than triples the median growth of the Inc. 5000 “America’s Fastest-Growing Private Companies” index.
LOS ANGELES/August 27/PRNewswire/ Debtmerica, LLC, a negotiated debt settlement company offering debt relief to consumers nationwide has ranked #34 in the Inc. 500|5000 top 100 fastest growing companies within the Financial Services Industry. Inc. Magazine launched its 3rd annual Inc. 5000 list which includes rankings of the nation’s fastest-growing private companies. The various firms are ranked based on their percentage of revenue growth from 2005 through 2008.
The exclusive Inc. 5000 list serves as an extended look at America’s private entrepreneurs. The median growth rate of Inc 5000 companies is 126% - Debtmerica more than tripled this median, showing 386.6% growth rate. This places the Company at an overall ranking of 784 and at the top 20% of the Inc. 5000 fastest-growing private companies in America.
California tops the list with the most companies within the state to make it onto the Inc. 5000 list. The list is broken down further to show the top 100 companies in the 5 most robust metropolitan areas, where Debtmerica ranks at #52 within the Los Angeles region.
This list is a true depiction of the positive impact, private businesses, like Debtmerica make on the economy during tough economic times. According to Inc. 5000, these companies are responsible for more than 1 million jobs. Despite the shrinking job market, Debtmerica continues to hire debt consultants with eight (8) new team members joining its ranks in August.
“The Inc. 5000 is an overview of the most successful private business minds in the nation, and to make it on the list and be recognized is a true honor, says Harry Langenberg, co-founder and managing partner of Debtmerica, LLC. “Our major growth and success comes from the dedication, hard work and integrity of our entire staff.”
About Debtmerica Relief
Debtmerica Relief, headquartered in Orange County, CA, provides assistance to families who are experiencing financial difficulties and hardship. Its focus on negotiated debt settlement provides a very powerful solution with the ultimate goal of helping its clients get debt free and remain so. By actually reducing debt balances over the course of the program and providing an affordable monthly payment, consumers can experience lasting benefit to their financial well-being.
Contact:
Debtmerica, LLC
Debtmerica Expands Team Hiring Key Managers
Monday, August 10, 2009 05:36 PM
LOS ANGELES, August 3/PRNewswire/--With a continuing increase in client enrollments and an ongoing emphasis towards customer service and compliance, Debtmerica Relief has hired several managers to maintain and oversee licensing initiatives and lead marketing projects that promote education for clients.
Kristen M. Bemis, in-house legal counsel, joined Debtmerica in July and is currently pursuing the major licensing initiatives to ensure that the Company remains in compliance with all regulatory guidelines required by various states. Kristen previously worked with small public companies assisting in their Securities and Exchange Commission reports, where she gained extensive knowledge and experience in working with regulatory agencies and issues. Her knowledge and background will help ensure that Debtmerica adheres to the highest level of ethical standards and compliance.
Debtmerica’s marketing team is led by Marketing Director, Carlos Caponera, who joined the firm in February. Shortly thereafter, Miron Lulic, Product Development Manager, was hired to round out a first class team. Currently, the marketing department is focused on improving the current Debtmerica websites to provide more industry and product information, while also serving as a one-stop portal for consumers. The team is also working to reach out to consumers through various new media channels.
Jennifer Johnson was recently promoted to Director of Business Development and Training. Jennifer leads the Company’s wholesale team and she also spearheads the national training effort for Debtmerica’s partnerships. Her focus is to provide detailed and compliant training for partner offices and internal sales staff.
“We are very proud of the management team at Debtmerica. We understand that having experienced and caring managers directly benefits all of our clients and our staff. It is a win-win for all,” says Jesse E. Torres, managing partner of Debtmerica, LLC.
About Debtmerica Relief
Debtmerica Relief, headquartered in Orange County, CA, provides assistance to families who are experiencing financial difficulties and hardship. Its focus on negotiated debt settlement provides a very powerful solution with the ultimate goal of helping its clients get debt free and remain so. By actually reducing debt balances over the course of the program and providing an affordable monthly payment, consumers can experience lasting benefit to their financial well-being.
Contact:
Christine Bui
Debtmerica, LLC
Debtmerica Sponsors & Volunteers for Foster Youth at High School Graduation Celebration
Monday, August 10, 2009 05:35 PM
LOS ANGELES, July 1/PRNewswire/-- On Thursday, June 11th, Debtmerica, LLC sponsored and volunteered at the graduation event for the Orangewood Children’s Foundation. The graduation party commemorated the accomplishments of all their foster youth that were graduating from high school. Over 45 Debtmerica employees volunteered at the event that was held at the First Presbyterian Church of Orange. Debtmerica sponsored the evening with a significant financial donation and volunteers took part in every detail of the event.
Debtmerica employees were assigned to a range of activity stations which included arts and crafts, food and beverage, a photo booth, raffles, and games. The graduates were given an opportunity to create face masks and frames to celebrate the Mardi Gras theme. Pictures were taken to remember the important night and volunteers were able to interact with the graduates before the ceremony. After a few hours at the activity stations, the graduation ceremony followed.
Debtmerica volunteers watched as the graduates were handed a Certificate of Completion from Orangewood, which marks an important and vital step in their lives. Not only do the certificates recognize the youth for graduating high school but they also mark the stage in their lives where they will move on from foster care to become self-sufficient adults. The graduation ceremony was followed by a celebration with music, a DJ, dancing and food. Big smiles were present on the graduates, and volunteers had proud faces as they witnessed the impact of their contributions.
Kristi Piatkowski, the Volunteer Services Program Manager at Orangewood, expressed the Foundation’s deep appreciation, saying, “Debtmerica and its staff are remarkable and truly made this event special for our kids. Their financial support and staffing at the event made the night a huge success. We loved working with the Debtmerica team and hope to have the opportunity to do so again!”
About Debtmerica Relief
Debtmerica Relief, headquartered in Orange County, CA, provides assistance to families who are experiencing financial difficulties and hardship. Its focus on negotiated debt settlement provides a very powerful solution with the ultimate goal of helping its clients get debt free and remain so. By actually reducing debt balances over the course of the program and providing an affordable monthly payment, consumers can experience lasting benefit to their financial well-being.
Contact:
Debtmerica, LLC
Debtmerica Recognized as an Accredited Organization in Compliance with TASC
Monday, August 10, 2009 05:35 PM
LOS ANGELES/April 28/PRNewswire/ Debtmerica, LLC, a nationwide debt settlement firm, received the “TASC Best Practice Standards” award from The Association of Settlement Companies (TASC). The award was presented to Debtmerica at the annual TASC conference which was held the first weekend of April in Las Vegas, NV.
To be recognized by TASC as Accredited in accordance to the TASC Best Practice Standards, the company is measured against nationally recognized standards and must demonstrate that their business is conducted with the highest level of quality, service and integrity. Reducing the risk for consumers, TASC accredited companies must undergo an audit executed by a third party.
The audit is thorough and includes a review of items such as the company’s website, financial position, history and employee training records. A secret shopper is additionally authorized to call in to each company and evaluates the legitimacy and accuracy of employee responses to common consumer debt questions. The overall audit evaluates companies for their competence and performance abilities.
“The audit was incredibly detailed and we are very pleased that we are now accredited; receiving such great feedback. This accreditation is a direct result of our staff’s hard work and on-going commitment to not only the company but to the thousands of clients they enroll each month into our debt reduction program”, says Harry Langenberg, co-founder and managing partner of Debtmerica, LLC.
Debtmerica has been settling debt since 2006 and currently has one of the largest staff of debt consultants in the country. The firm offers its clients an alternative to bankruptcy when dealing with unmanageable consumer debt. Their aggressive approach to settling debt has historically reduced consumer debt up to 40-60% of the original debt amount, enabling consumers to become debt free in as little as 12-36 months.
The downturn of the real estate industry has caused many people who were once employed there to turn to debt settlement as a new opportunity. This sudden massive interest in debt settlement has brought a lot of attention. However, some companies out there saw it as an opportunity to take advantage of consumers during these desperate times. Thus, TASC was formed in 2005.
TASC was created with the goals of promoting good business practices within the debt settlement industry and to protect consumers by setting standards for its members. To foster fair regulation of the industry, lobbying efforts are also made on the state and federal level on behalf of debt settlement companies. Such recognition, such as being Accredited in accordance with the TASC Best Practice Standards has enabled companies like Debtmerica, to separate themselves from the pack.
“In today’s financial crisis there are some companies out there that take advantage of consumers while they are down. The concerns of consumers are absolutely valid,” says Jesse Torres, co-founder and managing partner of Debtmerica, LLC. “I am pleased that TASC has implemented a standard in which debt settlement companies are measured by and that Debtmerica has been recognized by TASC as we continue to be dedicated to our clients’ success.”
For more information, visit http://www.debtmerica.com
About Debtmerica Relief
Debtmerica Relief, headquartered in Orange County, CA, provides assistance to families who are experiencing financial difficulties and hardship. Its focus on negotiated debt settlement provides a very powerful solution with the ultimate goal of helping its clients get debt free and remain so. By actually reducing debt balances over the course of the program and providing an affordable monthly payment, consumers can experience lasting benefit to their financial well-being.
Contact:
Public Relations Dept.
Debtmerica, LLC
800-470-8155
Debtmerica is Honored Speaker at WFG’s Convention of Champions
Monday, August 10, 2009 05:34 PM
Debtmerica, LLC Informs WFG Associates about Debt Relief Options and Highlights its Debt Reduction Program
LOS ANGELES/April 7/PRNewswire/-In early March, Debtmerica, LLC participated at the World Financial Group (WFG) Convention of Champions that was held at the Los Angeles Convention Center. The annual Convention brings thousands of WFG agents together to hear from industry leaders and interact with various financial product providers.
Debtmerica’s team gave a presentation to hundreds of WFG Associates, introducing the debt reduction program and detailing how it helps clients become debt free. Debtmerica staff also had the opportunity to meet with WFG Associates at a Company booth in the Exhibition Hall, providing marketing and training materials at the booth. Debtmerica’s staff gathered valuable input from WFG agents that have been utilizing the debt relief program for clients in need of debt help.
“The feedback that was provided by many WFG Associates at the convention was overwhelmingly positive. World Financial Group is a wonderful partner and its unique ability to reach out and assist clients nationwide is making a big impact. Our industry knowledge and expertise is only as good as the customer service that we provide, and we are happy that Associates are giving us high marks,” says Harry Langenberg, co-founder and managing partner of Debtmerica, LLC.
This is the second annual convention that Debtmerica, LLC has participated in and the success of the partnership is evident in the increasing number of clients that WFG agents have referred into the Debtmerica program. Since launching the debt reduction program in January of 2008, WFG and Debtmerica have increased monthly client enrollments in 14 of their last 15 months working together.
Debtmerica has a training team that reaches out to WFG offices across the nation, educating Associates about debt reduction strategies. The training sessions provide an overview of the debt settlement industry and compare the debt reduction program to other debt management alternatives. Debtmerica’s goal is to make the enrollment process as easy as possible for WFG Associates.
According to WFG Field Leader Patrick Bet-David, “We now have a source to refer our clients to when they need help with their debt,” he says. “Clients love the program. Everyone I’ve talked to who has worked with Debtmerica says that its representatives are sincere, patient and kind on the phone. That is an experience they are not accustomed to when they are struggling with debt.”
Since the establishment of their partnership, WFG and Debtmerica have enrolled over 2,500 clients into the debt reduction program, representing a total of $80 million in consumer debt. Debtmerica plans on continuing to build relationships with WFG Associates across the nation, offering clients a stepping stone towards a debt free life.
For more information, visit http://www.debtmerica.com
About Debtmerica Relief
Debtmerica Relief, headquartered in Orange County, CA, provides assistance to families who are experiencing financial difficulties and hardship. Its focus on negotiated debt settlement provides a very powerful solution with the ultimate goal of helping its clients get debt free and remain so. By actually reducing debt balances over the course of the program and providing an affordable monthly payment, consumers can experience lasting benefit to their financial well-being.
Contact:
Public Relations Dept.
Debtmerica, LLC
800-470-8155
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