What is the "President Obama Credit Card Legislation" Plan?

Sept. 25, 2010 - PRLog -- Have you ever dreamed about erasing up to 50-60% of your credit card debt? Have you ever imagined what a difference that could make in your life and the lives of your family? That dream can now become a reality. Billions of dollars have been made available through President Obama’s credit card relief act to help American families.

You can now erase your credit card debt the help of Obama’s credit card legislation.

Get 50-60% of your debt erased. It takes less than 10 seconds.

President Obama’s credit card debt bill will make it possible for you to erase up to 60% of your debt if you have $10,000 or more in overdue bills.

You are eligible for relief if you have $10,000 or more in unsecured credit. This means that you were given credit without offering any security or collateral in return. This fits the definition of credit card debt and you can remove at least 60% of it.

We all know the effects of a bad credit report. It follows you for years and makes every financial move you make much more difficult, and at times, impossible. The goal of this bill is to help American families get back on their feet and regain some measure of financial stability. It is not intended to erase your credit card debt only to see that debt incurred all over again. We need to recover and to make sound financial decisions.

Our president promised us change, and that is exactly what is happening. Because of Obama, credit card debt of $10,000 or more can be drastically reduced. This debt relieve comes from the very companies that our government bailed out last year. They now have the renewed strength they need to help the American public.

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You can now legally and ethically erase your credit debt.

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

Do not stay in debt when the stimulus bill already bailed out your creditors.  Just enter in how much you owe to see how much you are legally able to get erased.

There is no reason to file bankruptcy when you have legal rights to reduce the amount you owe.