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Freedom Debt Relief is a US debt and settlement company. It is currently based in San Mateo, California and is a wholly owned subsidiary of Freedom Financial Network, a financial service company headquartered in San Mateo, California. The company states that it has more than 600 employees. ==Company History== The company was founded in 2002 by Andrew Housser and Bradford Stroh. Both are Stanford Graduate School of Business graduates. The company negotiates on behalf of indebted consumers who are experiencing a financial hardship with the goal of avoiding bankruptcy (Chapter 7 or Chapter 13) by settling their unsecured debt at a discount to what is actually owed. The company primarily serves consumers where debt consolidation or home refinancing is undesirable or an unavailable option. They also serve those who cannot afford either their credit card minimum payments or the payments required in credit counseling. With the passage of the Bankruptcy Abuse Prevention and Consumer Protection Act and the financial crisis of 2007-2009, debt relief options for consumers significantly decreased for both bankruptcy and mortgage refinance, increasing the demand for debt settlement. On November 4, 2009 Andrew Housser and Robert Linderman, general counsel, participated as panelists at the Federal Trade Commission's public forum on "Debt Relief Amendments to the Telemarketing Sales Rule." The forum discussed proposed fee regulation and rules to eliminate deceptive and abusive telemarketing of debt relief services. In a letter to the FTC Linderman stated in the first nine months of 2009 alone Freedom Debt Relief successfully settled approximately 40,000 accounts aggregating more than $206 million of unsecured debt with savings to consumers in excess of $120 million. On November 11, 2009, the company announced it had settled more than $500 million in consumer debt since its founding. Working with nearly 100,000 clients since 2002, the company reached the $1 billion mark of savings for their customers in December 2010. They did this by negotiating settlements on 188,000 individual creditor accounts for its clients becoming the first debt resolution company in the country to reach $1 billion in cumulative debt it has resolved for clients. Housser was quoted saying “The achievement of obtaining $1 billion in settled debt – not just offers, but completed settlements – for consumers is positive proof of FDR’s ability to assist individuals who are in serious debt. From truly humble beginnings, FDR has maintained its singular commitment to save as much money as possible for each client who turns to the company for debt relief.” 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Freedom Debt Relief」の詳細全文を読む スポンサード リンク
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