Press Release Archive
Debt Settlement Company Joins “American Idol” in Fighting World Poverty
Columbia, Md – May 21, 2007 – Debt Shield helps to raise funds for world poverty through its donation to "Idol Gives Back"...[more]
Debt Shield Nominated as 2007 BBB Torch Award Finalist
Columbia, Md – May 9, 2007 – The Better Business Bureau of Greater Maryland this week notified executives at Debt Shield that the Maryland-based debt settlement company is a finalist for the 2007 BBB Torch Award for Marketplace Ethics...[more]
Debt Shield Supports Art Therapy, Consumer Education
Columbia, MD – April 18, 2007 – Debt settlement company employees donate charitable fund to Art with a Heart and the Better Business Bureau’s consumer financial education program...[more]
Debt Settlement Company Announces New President
Columbia, Md – March 13, 2007 – Employee works his way from sales manager to president of national debt resolution company, Debt Shield, Inc...[more]
Financial Experts Develop “Debt Slide” Chart to Illustrate Debt Relief Options
Columbia, Md – February 12, 2007 – Easy-to-read visual guide helps consumers understand various debt resolution options...[more]
New Broker Referral Program Creates Business Opportunities
Columbia, Md – January 24, 2007 – FSI Holding Corp’s new “Network of Brokers” program offers entrepreneurs nationwide the opportunity to earn $200 for every debt–burdened client who enrolls with one of its strategic partners, consumer credit or IRS tax debt relief program...[more]
Debt Shield Donates to Friends of the Family and United Way of Central Maryland
Columbia, Md – January 16, 2007 – Debt settlement company employees support two local charities through employee-driven fund and voluntary donations...[more]
Debt Shield Supports Troops, Jacob’s Light Foundation
Columbia, MD –December 18, 2006 – Debt settlement company employees give back to the community in support of American troops serving overseas during the holiday season...[more]
Experts Predict Rise in Credit Card Delinquencies, Bankruptcies
Columbia, MD – December 4, 2006 – Experts are predicting that credit card delinquencies and charge-offs will continue rising in 2007 and bankruptcies will quadruple by 2008...[more]
Debt Shield Launches Virtual Consultant
Columbia, MD – November 6, 2006 – People struggling with debt can now get their personalized, online consultation instantly through Debt Shield’s new virtual consultant program...[more]
Debt Shield Warns – Holiday Overspending Creates Increased Credit Card Debt
Columbia, MD – October 30, 2006 – Debt Shield warns consumers that overspending habits during the holidays can lead to substantial increases in credit card debt...[more]
Debt Settlement Company Announces New President
Columbia, Md – September 22, 2006 – Debt settlement company hires Six Sigma Black Belt and financial industry veteran as its new president...[more]
Debt Shield Supports Regulations for Medical Debt Sales
Columbia, MD – July 18, 2006 – Executives at Debt Shield, a Maryland-based debt settlement firm, are encouraged by proposed regulations that subject medical debt sale procedures to medical privacy laws...[more]
Debt Shield Raises Funds for Sudan Crisis, Donates to CARE
Columbia, MD – June 20, 2006 – Employees at Debt Shield, a Maryland-based debt settlement firm, chose CARE, one of the world's leading humanitarian organizations, as the recipient of the employee charitable fund because of CARE's work in Sudan...[more]
Debt Shield Donates to the Jimmy Fund
Columbia, MD – May 12, 2006 – Employees at Debt Shield, a Maryland-based debt settlement firm, today chose to give their latest donation to the Jimmy Fund as part of their ongoing charitable giving initiative...[more]
More consumers are using tax refunds to pay down debts
Columbia, MD – May 10, 2006 – More consumers are using their tax refunds to pay down existing debts, according to a survey released last month by America’s Research Group...[more]
Debt Shield Applauds FDIC Crackdown on Payday Lending
Columbia, MD – April 11, 2006 – Executives at Debt Shield, a Maryland-based debt settlement firm, applaud the FDIC on their recent efforts to strengthen payday lending regulations...[more]
Debt Shield Donates to Tibet Foundation
Columbia, MD – March 29, 2006 – Employees at Debt Shield, a Maryland-based debt settlement firm, today chose the Tibet Foundation to receive a donation as part of their charitable giving drive...[more]
Debt Shield Predicts Growth in Settlement Industry
Columbia, MD – March 22, 2006 – Executives at Debt Shield, a Maryland-based debt settlement firm, expect more consumers to consider debt settlement as an alternative to bankruptcy because of IRS crackdowns on non-profit credit counseling agencies, the new bankruptcy law and continued inflation in energy that is met with stagnating incomes...[more]
Debt Shield Cautions Taxpayers against Charging Taxes
Columbia, MD – March 7, 2006 – Executives at Debt Shield, a Maryland-based debt settlement firm, are urging taxpayers to resist incentives that encourage them to pay taxes with their credit cards...[more]
Debt Shield reminds tax payers about debt settlement provision
Columbia, MD – February 23, 2006 – Executives at Debt Shield, a Maryland-based debt settlement firm, are reminding debt settlement clients that the IRS may consider their canceled debt taxable income...[more]
Debt settlement firm warns parents about ID theft targeting kids
Columbia, MD – January 30, 2006 – Executives at Debt Shield, Inc., a Maryland-based debt settlement firm, are warning parents to include their children in their efforts to defend their family against identity theft...[more]
Credit card minimums not doubling, but may still hurt
Columbia, MD – December 15, 2005 – Debt Shield, Inc., a Maryland-based debt settlement firm, said that the increased minimum monthly payments on credit card balances will most likely not double, as it is widely reported, but that the increase may push financially struggling cardholders into bankruptcy or bankruptcy alternatives, like debt settlement...[more]
Debt Shield employees double United Way donation
Columbia, MD – December 12, 2005 – Employees at Debt Shield, Inc., a Maryland-based debt settlement firm, today doubled their previous year's donation to the United Way of Maryland as part of their employee-initiated charitable fund...[more]
Debt Shield revamps customer service
Columbia, MD – November 21, 2005 – Debt Shield, Inc., a Maryland-based debt settlement firm, today officially launched several customer service initiatives designed to give clients improved access and quicker answers to service inquiries...[more]
Debt Shield names new president
Columbia, MD – November 21, 2005 – Debt Shield, Inc., a Maryland-based debt settlement firm, today promoted its marketing director, Mark Baylis, to be the company's new president...[more]
Debt Shield employees contribute to local hospice
Columbia, MD – November 15, 2005 – Debt Shield, Inc., a Maryland-based debt settlement company, chose Hospice of Howard County to receive a portion of its employees' goal to contribute $20,000 to charity by the end of this year...[more]
Debt Shield and NFAN celebrate one year of Street Cents
Columbia, MD – September 15, 2005 – Debt Shield, Inc., a Maryland-based debt settlement firm, and the National Financial Awareness Network, Inc., a financial literacy company, are celebrating one year of delivering their email newsletter, Street Cents, to Debt Shield clients...[more]
Debt settlement firm offers discount to Katrina survivors
Columbia, MD – September 6, 2005 – Debt Shield, Inc. , a Maryland-based debt settlement firm, is reducing its activation fee by 50 percent for new clients from areas of Louisiana, Mississippi and Alabama that were affected by Hurricane Katrina...[more]
Debt settlement firm reaches two 0% settlements
Columbia, MD – August 29, 2005 – Debt Shield, Inc., a Maryland-based debt settlement firm, reached two separate settlements in August for zero percent of the balance owed by the firm's clients...[more]
Watch Spending as Prices Outpace Income, says Debt firm executives
Columbia, MD – July 20, 2005 – Executives from Debt Shield, a Maryland-based debt settlement firm, are advising consumers to watch spending in the coming days as prices for housing, energy and other consumer goods continue to outpace incomes....[more]
Debt Shield establishes $20,000 charitable donation goal
Columbia, MD – July 20, 2005 – Debt Shield, Inc., a Maryland-based debt settlement firm, announced today its goal of donating $20,000 to charities by the end of the year...[more]
Debt Shield CEO elected to USOBA board
Columbia, MD – May 27, 2005 – Phil Fewster, CEO of debt settlement firm Debt Shield, was elected to the United States Organizations for Bankruptcy Alternatives during the recent USOBA conference in New Orleans. Mr. Fewster, who was a featured speaker at the conference, will also serve as co-chair for the Creditor Relations Committee of USOBA...[more]
Debt Shield hires NFAN for financial literacy services
Columbia, MD – April 15, 2005 – Debt Shield, a Maryland-based debt settlement firm, is retaining the National Financial Awareness Network, Inc., to provide financial literacy services to its clients, employees and general public...[more]
Clarence Johnson Joins Debt Shield as IT Director
Columbia, MD – September 15, 2004 – Debt Shield, Inc., a Maryland-based debt settlement firm, announced today that 30-year technology veteran Clarence Johnson decided to join the company as its Information Technology Director...[more]
Debt Shield Hires Finance Executive
Columbia, MD – May 24, 2004 – Debt Shield, Inc., a Maryland-based debt settlement firm, announced today that it hired veteran financial management and accounting executive Karen Hauck to lead the company's finance department...[more]
Debt Shield Announces Denim Fund
Columbia, MD – May 3, 2004 – Debt Shield, Inc., a Maryland-based debt settlement firm, announced today the launch of its employee-sponsored charitable fund as part of its commitment to the community...[more]
Debt Shield Announces Mandatory Two-Week Training for Employees
Columbia, MD – March 1, 2004 – Debt Shield, Inc., a Maryland-based debt settlement firm, announced today the launch of its mandatory two-week training program that each employee must complete before starting their position at the company...[more]
Debt Shield Hires Banking Industry Veteran as HR Director
Columbia, MD – Jan 12, 2004 – Debt Shield, Inc., a Maryland-based debt settlement firm, announced today that it hired banking industry veteran Jill Strider as its Human Resources...[more]
