Consumer Education Services Inc. Acquires Start Fresh Today

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Consumer Education Services Inc. (CESI) announces the acquisition of a leading bankruptcy solutions firm to advance its mission of offering comprehensive financial services to consumers nationwide.

bankruptcy solutions
This acquisition will combine the strengths of our technology, courseware and strong law firm relationships to compliment CESI’s many years of high quality credit counseling and education.

Consumer Education Services Inc. (CESI), a non-profit credit counseling organization since 1998, announced today that it has acquired Start Fresh Today, one of the nation’s leading bankruptcy solutions platforms. CESI’s acquisition of Start Fresh Today advances its mission of offering comprehensive personal financial education and solutions for all life stages and milestones coupled with Start Fresh Today’s proprietary software platform. The purchase will transition Start Fresh Today from for-profit to non-profit status under the CESI umbrella.

Founded in 2005, Start Fresh Today’s platform has been used to provide Pre-Bankruptcy Credit Counseling and Post-Bankruptcy Debtor Education services to over a million consumers nationwide. In addition to helping consumers, Start Fresh Today also works with thousands of bankruptcy attorneys nationwide by offering due diligence products and a free document storage portal—making it a one-stop-shop for attorneys and their clients.

"Offering the highest quality bankruptcy counseling program in the industry allows us to further serve the needs of our valuable customers, especially those who are at a critical crossroad in their financial future,” said Dr. Diane Chen, CESI's CEO. “We’ve chosen Start Fresh Today’s technology platform since they are one of the pioneers in the industry.”

CESI has worked closely with the Executive Office of U.S. Trustees (EOUST) to meet the new requirements by updating Start Fresh Today’s software platform and integrating comprehensive training for their counselors. As a result, they are positioned to deliver the highest level of counseling and customer service.

“The Start Fresh Today team is excited to join one of the nation’s leading credit counseling agencies” said Cris Frankel, CEO of Start Fresh Today. “This acquisition will combine the strengths of our technology, courseware and strong law firm relationships to compliment CESI’s many years of high quality credit counseling and education.” Members of the Start Fresh Today team will join CESI and maintain operations in Fort Lauderdale, Florida while CESI’s headquarters will remain based in Raleigh, North Carolina.

About Consumer Education Services Inc. (CESI)
CESI is a not-for-profit organization that helps consumers achieve financial freedom by offering a complete life cycle of services: credit counseling, debt management, representative payee services, student loan counseling, HUD-certified housing counseling, reverse mortgage counseling, and bankruptcy counseling. For more information, please visit http://www.CesiSolutions.org or call 1-855-716-2451.

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Tracy East
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