TASC Vice President Takes Over as Executive Director

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David Leuthold begins new role on Nov. 1

My goal is to help ensure that consumers have debt settlement programs available to them through companies that are committed to standards and guidelines designed to protect the consumer.

David Leuthold, who co-founded The Association of Settlement Companies (TASC) and served as its vice president for the past three years, has been named Executive Director, the organization announced today. Leuthold's appointment begins Nov. 1.

"I'm honored to help lead this association, which I think has done a lot of great work in its short existence," Leuthold said. "Especially in today's economic times, consumers struggling with debt need options available to match their needs with their capabilities to satisfy their obligations.

"My goal is to help ensure that consumers have debt settlement programs available to them through companies that are committed to standards and guidelines designed to protect the consumer."

Among Leuthold's most visible duties will be to facilitate interactions between TASC and various state and federal regulators and legislators to help affect sound and fair legislation governing the industry. In addition, he will be working to strengthen TASC's relationships with its member companies and with the creditors and collectors they work with on a daily basis.

Leuthold is the CEO and President of the Premier Institute for Financial Freedom and heads the United Consumer Advocacy Network. Prior to his work in the debt settlement industry, he was a senior auditor for the U.S. General Accounting Office, a federal executive on the President's Staff in Washington, D.C., and was instrumental in developing a national seminar program promoting debt-free living.

About The Association of Settlement Companies
The Association of Settlement Companies (TASC) promotes fair business practices, consumer protection and industry standards for the debt settlement industry. TASC, founded in 2005, serves to protect consumers through an organization seal that represents best practices and standards of reputable companies. The organization also protects its member companies through lobbying efforts at the state and national levels, as well as awareness initiatives to educate consumers on debt settlement as a financial solution. All TASC member companies pledge compliance to strict association bylaws governing business practices and ethics. For more information, visit tascsite.org.

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Ann Marie Austin
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