Last September (2006), my wife, Shelli and I were facing sizable unsecured debt.  We had unexpected medical bills which made us three days late paying for one of our credit cards.  That credit card along with all of our other credit cards, decided to raise their interest rates from 9-13% a month to 24-33% overnight.

At the same time, congress had passed a law which made our monthly minimum payments go from $150 - $200 to well over $300 plus a month! We struggled at this for 2 months.
We even took out a 2nd mortgage (DON'T EVER DO THAT FOR UNSECURED DEBT) and contacted each and every credit card to ask them for some relief.

Not one of them was willing to lower their interest rate unless we made our payments on time for several months. It was a classic catch-22.  It seemed like not one of them was willing to work with us.  Each of them told us that their contract allowed them to raise our interest rates to these unbelievable figures even if it wasn't their card that we had paid late.

We needed something to stave off the credit card debt collectors, something that would put the power back in our pocket and take the bankers’ hands out! 

We accomplished this by using a program designed and supported by an attorney with over 25 years experience in debt solutions and tax law.  The program is called the Asset Security Program.