The National Debt Defenders Network announces a debt awareness summit in Florida to promote debt settlement options. Peter Kirschner, executive director of NDDN, says debt settlement can reduce debt by 50-70% within 12-36 months. NDDN has settled thousands of cases and only charges fees once debts are successfully negotiated, unlike other debt settlement firms. NDDN hopes the summit will help people understand their debt relief options and inspire best practices in the industry.

1. National Debt Defenders Network Announces Nationwide Debt Awareness Summit
Hollywood, Florida - A very unique company has been operating out of Hollywood, Florida for the
last 2 years. National Debt Defenders Network (“NDDN”) spends their days negotiating away
debts. Yes. Negotiating them away. In these troubled times more businesses and households are
in debt than ever before and NDDN's debt settlement business is thriving.
To help promote awareness of debt settlement options for consumers the network has decided to
sponsor a debt awareness summit. Important members of the debt settlement industry and
members of the community will be invited to Florida in April to participate in a round-table
discussion on industry wide best practices and law.
Peter Kirschner, executive director of the National Debt Defenders Network, the Hollywood-based
group representing the debt settlement industry, said that, done right, debt settlement can lower
debt by 50% to 70%. It is the most cost effective method for reducing and eliminating debt and
can lead to complete debt elimination in 12 to 36 months."
“We’ve settled thousands of cases so far,” Kirschner said of the network, which has seen rapid
growth in recent years.
With more homes and businesses facing financial difficulty than ever before debt settlement
programs are an incredibly important option to consider before declaring bankruptcy. The process
involves skilled mediation with creditors, simply explaining to them what is required to keep their
debtor out of bankruptcy so that they can collect at least part of the debt owed. While there are
other debt settlement firms in the marketplace, all too often these fly-by-night companies fail to
perform but still charge the client a large upfront fee. This predatory behavior makes consumers
afraid to consider debt settlement as a real option. NDDN takes a step that no other debt
settlement firm takes. They allow their clients to place money in an escrow account and NDDN is
paid only if they are successful in negotiating the debts.
According to co-founder Stuart Rubens, “There is almost nothing that can't be negotiated. The
same applies for debts. We explain to our clients' creditors the reality of their situation, and work
with the creditor to reduce their losses by keeping our clients out of bankruptcy. The approach is
incredibly effective.”
Debt consolidation is a process where debts are consolidated under one payment, hopefully at a
lower rate. This can save money, but NDDN is not a debt consolidator, they are a paid world-class
negotiator. They negotiate away as much debt as they can and they have an excellent track record
of success. They get creditors to agree to lower payments, better terms, or to cancel or reduce
debt. This is a program that can really help households and businesses who are in trouble.
NDDN hopes to assemble a large audience of partners and members of the community for its Debt
Awareness summit. The location will be announced in March, but interested partners and guests
should reach out to NDDN now.
“We believe that this summit is important because it will help members of the community
understand what their options are and inspire a discussion of best practices in the industry.”
The Uniform Debt Management-Service Act (“UDMSA”) is a nationwide effort aimed at
streamlining state governance of consumer credit counseling and debt settlement services. In
April of 2005, President George W. Bush signed the Bankruptcy Abuse Prevention and Consumer
Protection Act into law. The result of the act is that it is now more difficult for seekers of debt
relief to file Chapter 7 Bankruptcy - the "full-forgiveness" of unsecured debt. Under the new law,
in most cases, a barrier to entry for someone wishing to qualify for a Chapter 7 filing is that they

2. would first need to demonstrate they have at least attempted to complete either a debt
management or debt settlement program. If bankruptcy is at all contemplated it is important to
talk with a debt settlement expert. It is crucial that the expert have a good reputation in the
community and a track record of success. An interested consumer should ask questions and make
sure that the debt settlement company really has their best interests at heart. 43% of U.S.
families spend more than they earn, only 2% of homes in America are paid for, and 92% of U.S.
family disposable income is spent on paying debts. This is a real problem for Americans and debt
settlement programs can be a way out.
About NDDN
NDDN is a provider of Whitestar Financial Services, considered the gold standard of business
ethics in the debt settlement industry. The corporation was founded by its Chairman, Peter
Kirschner, CEO Marc Plotkin, and Director Stuart Rubens. Mr. Kirschner is an accomplished
financier and manager with eleven years experience in the brokerage industry from 1991 to
2001. He began his career with Lehman Brothers and Oppenheimer. During that time, he was
involved in several takeovers and IPOs. Most recently, Mr. Kirschner was a founder and director of
a private mergers and acquisitions firm. Mr. Plotkin previously served as President of MAK
Advertising, and continued his career working on major Broadcast, Print and Internet “lead
generation campaigns”. Learning that cost per sale and ROI aren’t the most important thing but
the only thing, has led his company to produce millions of dollars of return on investment for a
multitude of customers and investors. Mr. Rubens began his professional career at The Chicago
Board Options Exchange, where he worked as a professional options trader on the Exchange. In
2002, he formed a boutique investment banking firm where he helped finance small to medium
sized companies throughout the United States. The company conducts business from
www.nationaldebtdefendersnetwork.com and has a superior business rating at
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You may be in for a real ride when you hire a debt consolidator. Our consumer protection program.
We want to make sure the public really understands what we offer.
Debt settlement is a bankruptcy prevention program and may adversely affect your credit if your debts are current and
you have no history of late payments. The debt settlement program will, in the end, improve your debt to income ratio
and may therefore improve that portion of your credit score. Since you will have resolved your outstanding debt
through our program your future creditors will see that you settled your debts instead of filing bankruptcy.
There are a lot of debt relief programs...
“What is different about NND is that we have been at this for a long-time and we stand behind our

3. customers.
National Debt Relief was founded in