Fort Lauderdale, Florida (PressExposure) January 30, 2010 -- It is a well known fact that filing bankruptcy is increasing. US government expected to curb the bankruptcy abuse by reforming the bankruptcy law in 2005. However, the recent past has seen filings surging back, partly because of layoffs and rising unemployment. This along with tighter credit, dwindling 401(k) accounts, smaller paychecks and fewer saving have left the people to keep creditors at bay.
Financially hurt consumers used to take refuge in credit cards to help them wade through water. "The fact that consumer credit has tightened and shrunk explains why bankruptcy filings have now gone up so dramatically," explained one of the law professors at University of Illinois.
The debt-laden consumers are approaching consumer credit counseling services for assistance. But credit counselors say that it's harder than ever to help them. "People are coming to us in much worse shape than they used to be," says president of a Credit Counseling Agency.
Auto Relief Group takes this as a challenge in informing that there should be some chance for everything, before one gives up. "We have fifteen years of experience in this field. We have witnessed the oil crisis, Dot com burst, and 9/11 tragedy, but we continued in giving our support for those people who approached us. Of course, year 2009 was a tough year financially, we didn't give up. We don't want our consumers to give up either", says Anthony Tribunella, Director of Operations of Auto Relief Group (ARG).
ARG is nation's auto leading loan modifier. It believes that there will always be a scope for a negotiation, a solution if we approach it properly in a clear direction.
About Auto Relief Group: Auto Relief Group was founded to help customers deal with their auto loan payments in time of need. Over the years each member of their team has developed a stellar reputation, and industry connections, allowing the company to quickly identify opportunities and act to assist the clients in their efforts to reduce their payment and keep their car, SUV or truck.
For more information on Auto Relief Group and its scope of services,
Visit: http://www.autoreliefgroup.com/default.aspx
Contact:
877.216.7203 877-259-3559 877 842-7667 autoreliefgroup@gmail.com