Mitigation America, LLC Announces the Launch of Its Debt Solution Interface

Baltimore, MD, January 18, 2009 --(PR.com)-- Mitigation America, LLC announces the launch of its debt solution interface. As a professional debt negotiation company, Mitigation America will help consumers adequately negotiate both unsecured and secured debt. Negotiated debts include, but are not limited to: Mortgages, Credit Cards, Medical Bills, Installment Loans, Home Equity Loans, etc.

“With the uncertain financial climate of our national and global economy, Mortgage, Credit Card and other creditors are very willing to negotiate the terms of consumers’ debt” explains Dennis Strzegowski, President of Mitigation America. “It’s a tough world out there. Citizens all over this great country of ours are struggling financially – and for most – by no fault of their own” he continued.

Over the last decade, the founders of the company generated strong relationships in arenas such as Mortgage, Credit Counseling, Debt Settlement, Legal, Real Estate, Bankruptcy, as well as many others. They have banded these relationships together in order to offer their clients a brimming resource of knowledge, experience and advice. As proof of their success, Mitigation America’s debt settlement service team typically settles debt to 40 cents on the dollar or less.

When asked why a distressed consumer should not attempt negotiations with creditors by him/herself, Dennis responded “It’s simple really. Our professionals know the ins and outs of the paperwork, who to contact, when to contact them, and what button to push when it’s time to act. They get great results in a time efficient manner. They’re also fighting for you [the customer]”.

He continues, “The creditors know your mindset. They [the creditors] know you are coming to them asking for help. They know what you’ll settle for before you pick up the phone. The difference is, with us, we know what they’ll settle for. Attempting debt negotiation on your own is almost like going to trial without an attorney”.

Although the Debt Settlement industry is rather mature (Mitigation America’s service team has been successful in negotiating debt for the last 12 years), Mortgage Modification is a newer service where professionals negotiate with mortgage lenders to make the client’s payments more affordable. With a 98% success rate, Mitigation America is able to make their clients’ payments less expensive by a variety of negotiation strategies: eliminating penalties and late payments, lowering interest rates, reducing principle loan amounts, and converting Adjustable Rate Mortgages into Fixed Rate Mortgages.

Mortgage Modification differs from a refinance in that it does not require credit checks, income requirements are relaxed, bankruptcy does not disqualify a customer, investment properties are allowed and, most importantly, Mortgage Modification is abundantly inexpensive compared to refinancing.

Mitigation America also employs a novel tactic in its Mortgage Modification component. They use Forensic Loan Auditing software to ‘scrub’ the customer’s loan documents, searching for any inconsistencies with federal and local lending laws. “The numbers on the flawed loan docs are staggering. We are seeing over 75% of ARM docs coming back with violations,” Dennis explains. He continues, “The sad part is this audit process originated from the big lenders to evaluate their own compliance with federal laws like TIL, ECOA and RESPA”. The company uses the audit findings as leverage in negotiating with the lender.

While the organization is multifaceted, the goal is simple: Helping the American people regain financial traction. Mitigation America, LLC urges consumers who have become overextended to contact them locally 443.708.0259, toll free 866.836.1122, or visit them online at www.MitigationAmerica.com or www.EndTheDebt.org to discuss their options and which solutions are best suited for their needs.

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