Halo Group, Inc.: News

04/22/10: Halo Benefits, Inc. Announces New Pharmacy Discount Card, HaloRx
04/08/10: Halo Portfolio Advisors, LLC Contracts With Local Mortgage Asset Management Fund
03/17/10: Shareholder Vision Releases Comprehensive Video Featuring Halo Companies, Inc.
02/26/10: Halo Companies, Inc. Announces Ticker Symbol Change to HALN
02/24/10: Residential Mortgage Meltdown Could See 11 Million Potential New Foreclosures in the Next 18 Months
02/09/10: Halo Debt Solutions, Inc. Approved for ISO 9001:2008 Certification
02/02/10: Halo Companies, Inc. Introduces HaloSafe ID, a New Level of Identity Theft Protection
12/16/09: Halo Group, Inc. Parent Company, GVC Venture Corp., Announces Change in Name
11/18/09: Halo Group, Inc. Makes Dallas 100 List as One of the Fastest Growing Companies in the Metroplex
11/12/09: Halo Group, Inc. Expands Again in Allen, TX
11/05/09: Halo Group, Inc. Honored With Celebration of Enterprise Award
10/27/09: Halo Group, Inc. Chief Financial Officer Named Dallas CFO of the Year
10/20/09: GVC Venture Corp. Completes Merger Transaction With Halo Group, Inc.
09/15/09: Halo Debt Solutions, Inc. Has Record Month in Debt Negotiations
09/09/09: Halo Credit Solutions, LLC Hits the Radio Waves to Educate Consumers on Credit Repair
09/04/09: Halo Group Consulting, Inc. Gains More Than 10,000 New Members
08/28/09: Halo Group, Inc. President Scott McGuane Named Person of the Week
08/18/09: Halo Group, Inc. Ranked as One of the Fastest Growing Companies in the Nation
08/13/09: Halo Group, Inc. Addresses Rise in Suicide Rate Among Military Personnel

Halo Debt Solutions, Inc. Has Record Month in Debt Negotiations

Posted on Sep 15, 2009 at 5:25pm

ALLEN, TX--(Marketwire - September 15, 2009) - Halo Debt Solutions, Inc., a leading debt settlement company, announced today that it successfully negotiated a record number of settlements for consumers last month, the most the company has ever negotiated in a single month up 257% from the month prior.

"The number of settlements we negotiated in August reflects how challenging today's economic environment is for consumers and lenders," Brett Russell, President of Halo Debt Solutions, Inc., stated. "Consumers are facing a level of financial hardship that is unprecedented in recent history, making it more difficult for lenders to collect overdue payments from their customers. Our achievement in settling a record number of accounts illustrates the benefits that a legitimate, certified debt settlement company offers consumers struggling to pay their debts while providing a greater overall recapture rate to lenders."

Looking ahead, Halo Debt Solutions expects to continue to see the number of consumer enrollments increase. Job losses and the struggling housing market have caused consumer debt to skyrocket. With credit balances soaring, there is a rapid increase in individuals seeking a solution.

For the right candidate, debt settlement is the best alternative to bankruptcy or debt management. The need to establish standards within the debt settlement industry to protect consumers from engaging in the wrong program is acute. Proper counseling can ensure that only candidates that can benefit from debt settlement are enrolled. Russell adds, "As a company who prides themselves in excellence, we continue to support the move toward industry regulation. It will separate the wheat from the chaff and steer the consumer to the solution that is right for them."

As Halo Debt Solutions continues to build on their track record of successfully negotiating and eliminating the debt of their clients, they set themselves apart from many of their competitors in this vertical. Legitimate debt settlement companies can help people get out of debt efficiently and more rapidly by negotiating a settlement for a portion of the debt with their creditors. Additionally, these credible programs also help creditors by settling accounts more quickly, avoiding third party expenses, and gaining more control over this segment of their portfolio. To learn how Halo Debt Solutions can work for you, visit www.halodebt.com.

About Halo Debt Solutions, Inc.

Halo Debt Solutions, Inc. is an industry leader for debt settlement services with custom-tailored programs designed to help consumers settle and pay off their unsecured debt. Halo Debt Solutions, Inc. is a wholly-owned subsidiary of Halo Group, Inc. For more information about Halo Debt Solutions, Inc., visit www.halodebt.com.

About Halo Group, Inc.

Halo Group, Inc. is a nationwide holding company based in Allen, TX with subsidiaries operating primarily in the consumer financial services industries including debt, mortgage, real estate, credit, loan modification, and insurance. For more information about Halo Group, Inc., visit www.myhalogroup.com.