President Obama Credit Card Reform - How You Can Erase 50% of Your Credit Debt!

May 3, 2010 - PRLog -- Over your head in debt? Need a way out, but just don’t know how to do it, or even how to start? This article was written just for you.

Obama’s Credit Reform bill was made just for people like you - those with debt that can’t possibly be paid off. Fortunately, this helps keep people away from filing the dreaded Chapter 13, or even Chapter 7. It can permanently wipe your credit debts clean.

This program, the Obama credit card Reform Bill, also called the "Obama credit card debt bailout", was enacted when Obama took office in 2009. The moment it was signed, it went into effect, and immediately rescued millions from the credit debt they were under, and consequently put billions of dollars back in the hands of the people that earned it.

This mainly applied to the auto industry, but it can now be used by the common man, and is available to anyone under debt in America. If you have at least $10,00 in credit debt or more, then the obama credit card reform bill is made just for you!

What does this mean for the average American?

It means that if you have $10,00 in credit card deb or moret, then this program can suddenly reduce your balance by 50-60%, making it around $4,000 if you qualify! Why? This benefit comes to you from the stimulus bill that was signed. There are many Americans who have far more than $10k in credit debt, and a program like this can help any American finally get breathing room in their finances.

All this means is that the government is willing and able to help you out with your debt problems and get you on your way to being debt free for life!

You can legally and ethically erase credit debt and this website will show you how.

http://eliminate-your-credit-card-debt.com