Press Releases

Debt Settlement Company Celebrates 5 Years of Charitable Giving

Columbia, MD – June 29, 2009 – Maryland debt settlement company leads social responsibility efforts through five years of charitable contributions...[more]

Debt Settlement Company Donates to “Metro Kidz”

Columbia, MD – June 22, 2009 – Employees at an award-winning debt settlement company make charitable donation to inner-city youth group...[more]

Debt Shield Breaks New Settlement Records

Columbia, MD – May 29, 2009 – An award-winning debt settlement company celebrates as their Negotiation Department breaks company records...[more]

Debt Shield Donates to Grassroots Crisis Organization, Shelter

Columbia, MD – April 27, 2009 – Employees at Debt Shield, a Maryland-based debt settlement company, made their latest group donation to Grassroots, a 24-hour resource and crisis center in Howard County, MD...[more]

Debt Shield Alerts Taxpayers to Debt Settlement Provision

Columbia, MD – April 15, 2009 – Executives at Debt Shield, a Maryland-based debt settlement company, are reminding taxpayers that saving money through cancelled debt may have minor tax consequences...[more]

Consumers in Debt Find Hope During Troubled Economy

Columbia, MD – March 11, 2009 – at Debt Shield, an award-winning debt settlement company, are stressing the need for greater awareness about debt settlement as a bankruptcy alternative as consumers struggle to pay off debts and banks struggle with mounting losses...[more]

Debt Shield Donates to the Humane Society

Columbia, MD – February 27, 2009 – Employees at Debt Shield, a Maryland-based debt settlement company, made their latest group donation to the Humane Society this month...[more]

Debt Shield Executive Warns Consumers about CCC Limitations

Columbia, MD – February 16, 2009 – Phil Fewster, CEO of Debt Shield, an award-winning debt settlement company, is alerting consumers about a recent report revealing that at least one third of people looking for credit counseling assistance could not afford to repay their credit card debt through a debt management plan...[more]

Debt Shield Celebrates National Mentoring Month with Big Brothers Big Sisters

Columbia, MD – January 29, 2009 – Employees at Debt Shield, an award-winning debt settlement company based in Maryland, are celebrating National Mentoring Month as they enter a new year with the Big Brothers Big Sisters Bigs in School program...[more]

Debt Shield Saves $17 Million for Clients in 2008

Columbia, MD – January 29, 2009 – The debt settlement professionals at Debt Shield helped clients save more than $17 million in 2008, according to executives at the award-winning debt settlement company...[more]

Debt Shield Urges Consumers to Get Free Annual Credit Report

Columbia, MD – January 19, 2009 – Consumer reminder about importance of free annual credit report from Debt Shield, an award-winning debt settlement company...[more]

Debt Shield Continues Big Brother Big Sister Program for 3rd Year

Columbia, MD – October 27 2008 – Employees at award-winning debt settlement company participate in local Big Brother Big Sister "Bigs in School" program for third consecutive year...[more]

Debt Shield Launches Third Annual United Way Fundraising Drive

Columbia, MD –October 13, 2008 – Award-winning debt settlement company kicks off annual United Way charity drive...[more]

Debt Settlement Clients Recommend Debt Shield

Columbia, MD – September 29, 2008 – Award-winning debt settlement company Debt Shield is experiencing a significant increase in referrals to their debt settlement services...[more]

Debt Settlement Clients See Faster Results

Columbia, MD – September 22, 2008 – Consumers in one debt settlement program are seeing a 24% improvement in the average time it takes to get their first settlements...[more]

Green Debt Settlement Company Saves 27,000 lbs of CO2

Columbia, MD – September 17, 2008 – An award-winning debt settlement company helps fight climate change through environmental programs...[more]

Video FAQs Featured on Debt Settlement Website

Columbia, MD – September 02, 2008 – Award-winning debt settlement company publishes first series of videos featuring employees answering frequently asked questions about debt settlement...[more]

Settlement Company Breaks Three Major Records

Columbia, MD – August 18, 2008 – The team at Debt Shield that negotiates with creditors to reduce debt amounts for clients broke three major records this month...[more]

Marketing Professional Joins Debt Shield Team

Columbia, MD – June 2, 2008 – Maryland-based debt settlement company teams up with marketing expert...[more]

Donations Benefit African Orphans and US Troops

Columbia, MD – May 28, 2008 – Award-winning debt settlement company makes charitable donations to benefit African orphans and US Troops...[more]

Debt Shield Releases New Welcome DVD

Columbia, MD – March 24, 2008 – New Welcome DVD provides valuable information for debt settlement clients...[more]

Debt Shield Helps Collect 1,000 Coats for the Homeless

Columbia, MD – March 03, 2008 – Award-winning debt settlement company continues charitable initiative by helping collect 1,000 coats for the DC-area homeless...[more]

100 Coats for the Homeless: Debt Settlement Company Becomes Drop-Off Point for Coat Drive

Columbia, MD – January 31, 2008 – Debt settlement company collects coats for homeless...[more]

First Debt Settlement Company to Win SmartCEO Future 50 Award

Debt Shield is the only debt settlement company to be selected as a Baltimore SmartCEO Future 50 winner this year...[more]

Debt Settlement Company Nominated For BBB's International Torch Award

Columbia, MD – November 27, 2007 – The first debt settlement company to win the Better Business Bureau of Greater Maryland's Torch Award for Marketplace Ethics is nominated for the International Torch Award...[more]

Debt Settlement Company Wins Ethics Award

Columbia, MD – October 9, 2007 – Maryland-based debt settlement company wins the Better Business Bureau’s 2007 Torch Award for Marketplace Ethics...[more]

Debt Settlement Company Fine-Tunes Projections

Columbia, MD – September 4, 2007 – Clients looking for accurate debt settlement projections now have a place to go: debtshield.com...[more]

Complaints Against Debt Collectors Skyrocket, Lack of Oversight to Blame Says Executive

Columbia, MD – August 17, 2007 – Complaints against debt collectors are on the rise, thanks to the lack of industry standards, poor record keeping and other troubles within the account receivables management industry. One debt settlement executive is calling for improvements to protect consumers...[more]

Debt Shield President Points to 1 Million Foreclosures, Predicts More Debt

Columbia, MD – July 20, 2007 – Maryland-based debt settlement company executive sees record foreclosures as a sign of continued consumer debt and calls for consumer awareness and industry reform...[more]

Debt Shield Launches New Website

Columbia, MD – May 21, 2007 – The new Debt Shield website features detailed information about debt settlement, user-friendly graphics and charts, tools for understanding the real cost of debt, and explanations of other debt relief options...[more]

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  • It could take you over 18 years – and at least $31,000 in interest payments – to pay off a $10,000 debt on a card with a 19% rate, if you only pay the monthly minimum.