Debt Consolidation Options

The debt settlement industry has been misunderstood for far too long,” according to Jenna Keehnen, executive director of the United States Organizations for Bankruptcy Alternatives (USOBA).

“The small number of bad actors dominates the headlines, while legitimate debt settlement companies are helping thousands and thousands of debt ridden consumers every day,” Keehnen said. “It is time for that misunderstanding to change.”

To that end, the USOBA has contracted with the Auriemma Consulting Group (ACG) to provide the necessary information to paint an accurate picture of the industry. Moreover, the benchmarking statistics generated by ACG will provide the necessary information to paint an accurate picture of the industry.”

The statistics gathered will include pertinent information regarding company size, number of clients serviced, graduation rates and much more. “It is the first time that an industry wide survey has been available to the debt settlement industry,” says Krysten Howerton, Director of member relations for the USOBA. “It is important for our member companies to have the ability to see how they stand next to other debt settlement companies. Our member companies continually seek ways to raise the bar and this will give them the tools to successfully accomplish that goal.”

About USOBA
The United States Organizations for Bankruptcy Alternatives (USOBA) was founded by leading members in the debt settlement industry seeking representation outside of credit counseling and bankruptcy law. USOBA brings individual representation together as a united front to protect the debt settlement industry and to secure its future. We are committed to working with and to providing information to legislatures, regulators, consumers, creditors, and governmental bodies to help them attain a better understanding of this industry.