OutOfBankruptcy.com Launches

Company to offer quick debt solutions for everyday homeowners.

San Francisco, CA (PRWEB) February 15, 2005 -- OutOfBankruptcy.com, the leading provider of home loan options for quick debt solutions, today announced the launch of its new website: www.outofbankruptcy.com. OutOfBankruptcy.com provides homeowner debt solutions people looking to avoid bankruptcy or consolidate debt. According to the FDIC, the U.S. personal bankruptcy rate has risen to a historically high level with over 1.6M bankruptcies filed in US Bankruptcy Courts last year. OutOfBankruptcy.com provides homeowners and lenders with a solution so that no one loses their investment.

Bankruptcy is a federal court process that helps individuals and businesses repay their debts under protection of the court (Chapter 13) or get rid of them in total (Chapter 7). It may or may not mean that a filer will lose their home -- in Chapter 13 if regular payments and catch-up payments are made as outlined in a repayment plan then the house may not be at risk. In Chapter 7, personal property is turned over to the court for sale to pay off debt and if mortgage payments are part of the debt mix, the filer can lose their house. Regardless, bankruptcies will stay on the filers credit history for six to 10 years. Obtaining credit during that time can be extremely difficult and expensive.

OutofBankruptcy.com works with homeowners to avoid the downfalls of bankruptcy and less than perfect credit. With a decade of experience in working with debt heavy homeowners, the company provides services not available by other lenders with the use of technology, financial expertise, and uncommon market savvy. It is the companys mission to always look out for the best interest of their clients, no matter what the situation, by providing good professional advice. With a network of partners and lenders, OutOfBankruptcy.com makes transactions easy and smooth during a difficult time.

We realize that someones home loan is not just a mortgage, but a huge tool in their financial make-up and profile. Time after time, we hear horror stories of how our clients haven been given unsound financial advice before, during, or after bankruptcy," said Kevin Green, Founder of OutofBankruptcy.com With our new web presence we can reach even more people in need of our contacts and experience. Weve worked hard to align ourselves with only the biggest and best lenders, and that means not only more mortgage approvals, but additional cost savings to our clients."

OutOfBankruptcy.com specializes in many homeowner situations -- everything from low credit scores, too much existing debt, tax liens, and collections to previous bank declines and bankruptcies. No matter what the situation, the company has been successful in obtaining financing for those who thought their situation was hopeless. With relationships with some of the countrys largest and most progressive lenders, OutOfBankruptcy.com strives to keep all of their clients living the American Dream with a home of their own. The experience the company brings to the market allows their clients to get competitive mortgage rates and thus improving their financial situation.

We went everywhere trying to get a new mortgage and a fresh start. Our bank laughed at us and basically showed us out the door," stated The Smiths from Vallejo, California. The other companies we talked to wanted interest rates almost in the double digits. OutOfBankruptcy.com did the seemingly impossible. We experienced professional service, great follow through, and an interest rate that was so competitive we're still shocked. They did what few mortgage companies do, they delivered what they promised."

About OutOfBankruptcy.com

Founded in 2004, OutOfBankruptcy.com is a privately held full service mortgage brokerage headquartered in San Francisco, CA. Offering a full array of residential and commercial mortgage services, the company was founded based on two solid principles - to develop customers for life and to see them do more with their money. By providing quick debt solutions for families and individuals facing bankruptcy, the companys mission continues. OutOfBankruptcy.com strives to keep the American Dream of financial freedom and home ownership alive for everyone by providing clients with a better mortgage experience. The companys financing expertise further helps clients increase their financial independence through real estate ownership. OutOfBankruptcy.com has helped hundreds with their real estate financing needs and together with its affiliated companies, secured well over $2B in loans during 2004.

Contact:

Kevin Green

415-292-2600

http://www.outofbankruptcy.com

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