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Released: June 19, 2010

Debt relief peddlers put consumers in bigger hole

Source: Peter S. Goodman, New York Times (Free Registration)

For the companies that promise relief to Americans confronting swelling credit card balances, these are days of lucrative opportunity.

So lucrative, that an industry trade association, the United States Organizations for Bankruptcy Alternatives, recently convened here, in the oceanfront confines of the Four Seasons Resort, to forge deals and plot strategy.

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