LOS ANGELES - (Business Wire) Money Management Resources, a debt resolution company, was recently launched by industry experts Darryl Sanford, II and Fabian Toth to help individuals conquer debt and avoid falling back in to it. Headquartered in Los Angeles, Money Management Resources offers debt settlement, debt management and financial planning services to residents and businesses throughout Southern California. “Today, many Americans are finding themselves in overwhelming debt as a result of the turbulent economic conditions and poor money management habits,” said Sanford, Chairman and CEO. “Our firm offers people an alternative to bankruptcy that goes beyond solving their short-term financial troubles and helps them charter a path to maintaining a debt-free life.”
Typically, service providers in the debt settlement industry focus on debt negotiations and short-term financial solutions, and often neglect educating clients on how to prevent from spiraling further into debt. Recognizing the shortcomings of the industry, Sanford and Toth developed a two-part business model that provides a customized debt resolution program and a financial mapping plan to keep clients out of debt long term and eventually moving toward creating wealth.
“Combining the two services sets us apart from others in the industry,” said Toth, president and COO. “Our philosophy is to help people resolve their debt, get back on their feet and take a proactive approach to controlling their financials by building healthy money management practices.”
Money Management Resources offers two debt resolution programs, debt management and debt settlement, and works with clients to assess their individual debt profiles to choose the best course of action. Debt management involves reducing the interest rates being charged and strategically dispersing a single affordable sum amongst a client’s creditors until the debt is paid in full. Debt settlement is the process of expertly negotiating with creditors an amount less than currently owed which the creditors will accept and forgive the remaining debt.
Through financial mapping services, Money Management Resources collaborates with clients to complete a six-step process which involves establishing personal financial goals, determining total amount of debt owed, assuming control over finances through self-discipline, building an emergency fund, saving for the future, and learning how to invest responsibility.
Sanford and Toth have more than 15 years of combined experience in the financial management and investment industries. The two share overall leadership of the company.
About Money Management Resources
Money Management Resources is a debt resolution company based in Los Angeles specializing in debt settlement, debt management and financial planning services. Its founders have pioneered a comprehensive debt relief program which provides clients with a strategic plan to alleviate financial burdens based on an assessment of individual debt profiles, and then helps clients rebuild their financial lives by advising them on how to live debt free and create wealth. For more information visit, www.moneymanagementresources.com.
Money Management Resources
Lindsay Themea
909-792-8877 (office)
951-818-9101 (cell)
