ANAHEIM, Calif., March 11 (SEND2PRESS NEWSWIRE) — For years, consumers have been surrounded by the promise of wealth. Mesmerized and spellbound by marketing, they have been enticed to buy what they can’t afford to consume, to accumulate and to live beyond their means. Predatory lenders have enslaved us with credit, crashed our economy and our family finances, and then have unleashed collectors and collection attorneys who ignore Federal Trade Commission (FTC) guidelines and the Fair Debt Collection and Practices Act. Consumers become harassed, hounded, threatened.

Consumers need help. They need someone who cares for their rights. They need legal representation. Our legal community wants to help. After all, every American deserves his or her day in court.

With the sudden economic downturn, more and more Americans find themselves swamped by credit card debt. And as they seek debt reversal, attorneys themselves need help to handle the flood of new consumer cases, and to guarantee that clients are getting the best representation possible.

That’s where Morgan Drexen comes in. Morgan Drexen helps attorneys that offer debt settlement services. And it provides full administrative support services, outsourced staffing, marketing expertise, and other efficiencies to many top-notch legal firms around the country.

In addition, as the creator of America’s most effective debt settlement processing, Morgan Drexen works with local and regional attorneys to substantially lower credit card and other unsecured debt, to protect clients from threats and harassment, and to help consumers build a secure financial future. The company’s Emergency Direct Assistance Fund (EDAF) is the first of its kind and is quickly gaining national recognition as a much-needed lifeline for families who are suffering through today’s economic upheaval.

Consumers Need Legal Counsel

According to Walter Ledda, founder of Morgan Drexen, the proliferation of deceitful debt consolidation schemes is one reason why families need both solid legal counsel to protect their rights, but also experienced paralegals to bring the full force of tough debt negotiators to their side.

“Reaching any settlement without the protection of legal counsel is dangerous, and can leave you trapped into deeper debt,” warns Ledda. “Negotiating with credit card companies on your own, or through so-called ‘credit counselors’ who actually may work for the credit card companies themselves, is very foolish and can be fatal to your long-term financial health.”

News issued by: Morgan Drexen

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Original Story ID: (4796) :: 2009-03-0311-001

Original Keywords: Morgan Drexen, Walter Ledda, attorneys that offer debt settlement services, Predatory lenders have enslaved us with credit, crashed our economy and our family finances, Emergency Direct Assistance Fund, EDAF, S-NAT Morgan Drexen

News Source: Morgan Drexen