Debt Relief Industry

Debt Settlement Company President Nailed by Falling Real Estate Values

This is not something I would normally publish but BlockShopper.com did so I’m passing it along.

Greg Pesetsky sold a four-bedroom, 2.5-bath home at 17952 S.W. 35th Court in Miramar to Deepa Abi and Abbi Karun for $385,000 on May 3.

Pesetsky bought the property for $617,000 in Sept. 2005. The 3,811-square-foot house was built in 2000 in Miramar West.

Pesetsky is the owner and president of Practical Debt Relief, a Davie, Florida-based debt settlement services provider. He is also the president and director at Top Placement SEO, a web marketing services provider. Prior to creating his own companies, he worked as a loan officer for America’s Best Lending Network for seven years. – Source

I wonder if he winds up with a big shortfall from the sale if he’s going to get his company to try to settle that debt?

Sincerly,
Steve

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About the author

Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

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