Posts Tagged ‘obama,cash,unsecured,lenders,credit,settlement,borrower,payments’

Obama Debt Relief Stimulus

Obama Debt Relief Stimulus
Question: is there a Debt relief to americans due to the economy?

I keep getting calls offering all my debt removed or wiped away due to the economy. These people are calling saying this is a program that Obama added to the stimulus plan to help everyone that is suffering without jobs to help them get back on their feet. Does anyone know about this law or plan? if so could you give me a site where I could find more information?

Answer: They are liars. Obama did not add any such program to the stimulus plan. There is a mortgage modification program, but it does not remove or wipe away all of your debt, and anyone who is without a job does not qualify. These callers work for an extremely dishonest company that will take whatever little money you do have, will not remove or wipe away your debt, and might increase your debt.

Recovery road is still a long, dark tunnel

If you are entering the job market for the first time, or if you were recently laid off, Friday’s job report for the month of March was an encouraging sign.

Obama Press Conference (pt.2) Nov. 24, 2008


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