A Clean Slate, Inc. (DRWN) Offers Hope, Solutions and a New Beginning for the Financially Distressed

WEST PALM BEACH, Fla., July 11, 2011 /PRNewswire/ -- The following is being announced by A Clean Slate, Inc.

The numbers are frightening.

There are over 100 million Americans who say they can't come up with $2,000 in 30 days.[1] This translates into 2.5 billion people worldwide that are financially distressed.

The bankruptcy market in the U.S. alone is over $3 billion with more than 2 million filings in 2010. 2.9 million properties received foreclosure filings and 11.1 million mortgages are under water. Ten states still have unemployment rates above 10%. Consumer debt is $2.4 trillion and 180-day delinquencies are over 6%. The mission is to help these people become productive members of the new Financial Well-Being Community.

A Clean Slate, Inc. President and Chairman Bob Goldman stated, "The Financially Distressed Consumer has many choices today, but most are tailored to one specific solution, a 'one size fits all' approach. Debt counseling, debt reconciliation, bankruptcy, divorce mediation, foreclosure defense, short sales, loan modifications, and 'credit repair' are now offered as 'stand-alone' services. Some are DIY (do-it-yourself), and are offered to consumer clients by both large and small non-profits and law firms. The offerings, however, are fragmented, confusing, and in some cases non-consumer friendly.

"Needless to say, the current solutions have not worked but there's finally a viable solution, A Clean Slate, Inc."

Mr. Goldman continued, "To the best of our knowledge, until A Clean Slate, there has been little 'human interface' and support provided for the consumer after the end result is achieved. We are looking into a new approach and believe A Clean Slate, Inc. could become the primary source for worldwide solutions to Financial Distress providing a 'one-stop-shop' with on-going support through our 'Financial Well-Being Community.'

 "A Clean Slate, Inc., now trading on the OTC under the symbol DRWN, intends to service this enormous opportunity with our 'first to market' Web 2.0 software.  We were formerly Vigilant Legal Solutions, a firm that has been assisting Bankruptcy Attorneys with outsourced Paralegal work since 2008.

"The Web 2.0 software will be interactive and start in the comfort, stigma-free environment of a financially distressed consumer's home and transparently will involve all relevant parties: the consumer, the Company's professional counselors, third party debt specialists, real estate deficiency experts, a network of Attorneys and Mediators and the Federal Courts as necessary."

Goldman continued, "A Clean Slate (ACS) recognizes 'one size does not fit all' and as opposed to current approaches, works with each individual consumer to determine the best customized solution to improve that financially distressed individual's quality of life and permit them to be a productive member of their community with dignity. The potential volume of business is expected to be significant amongst our four divisions: ACS Legal Solutions, ACS Mediation Services, ACS Financial Well-Being Community and ACS University."

He concluded, "We have recognized a need to provide a simple, beginning-to-end program, personally tailored, evaluation based, with alternative solutions and continuing support for the financial challenges the consumer faces. The consumer deserves to leave the 'Financially Distressed Community' and attain membership in the 'Financial Well-Being Community' with A Clean Slate and then have access to the tools to remain financially independent on a life-long basis."

Safe Harbor Statement

Matters discussed in this press release contain forward-looking statements within the meaning of federal securities laws. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect," and similar expressions identify such forward-looking statements. Although expected, actual results, performance, or achievements could differ materially from those contemplated, expressed, or implied by the forward-looking statements contained herein. A Clean Slate's ability to implement its growth strategy will be dependent on, among other things, its ability to obtain sufficient funding to continue and build its own operations and to acquire other businesses. These forward-looking statements are based largely on the expectations of A Clean Slate, Inc. and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive, and other factors affecting A Clean Slate, Inc. and its operations; its markets, products, and performance, and other factors detailed in reports filed by A Clean Slate, Inc. with the SEC.

[1]  National Bureau of Economic Research. www.WSJ.com Real Time Economics  (May 23, 2011)

SOURCE A Clean Slate, Inc.