2009-11-11 15:55:10 - The recent recession has taken the market by a storm of foreclosures. Homeowners are the worst to be hit by this recent recession. They may think the only way out of this problem is loan modification. The final aim of loan modification program is to modify mortgage terms. Why do that?

A New Horizon is a well established Credit Counseling company with over 14 years experience as a non-profit organization assisting tens of thousands of individuals and families from all walks of life in regaining control of their finances. Slightly higher than the nationwide average, A New Horizon has seen an average of 55% of clients finish our program paying 100%

of the individuals’ unsecured debt in a 3 – 5 year period.

This is accomplished utilizing Financial Literacy training and a host of programs to counsel and educate individuals on the responsible use of credit along with a structured debt management plan to assist them in paying off their existing debt. To further our goal, it’s vitally important to promote to the Collection Community a softer, more solution oriented holistic approach to collections which has the added benefit of improving the reputation of the collection industry with the public.

www.anewhorizon.org

HOW DO WE DO IT

Our certified financial counselors will assist and counsel individuals and families so they’re both prepared for and budgeted to handle their financial obligations under this new program. We do a complete budget analysis of their current financial condition and show them how to improve it. Then, working with the creditors established repayment programs; we restructure the debt which in turn results in reduced monthly payments and interest. We also provide educational and counseling services to insure that the debtor does not repeat the behavior that resulted in the overwhelming debt that brought them to us.

www.anewhorizon.org