COSTA MESA, Calif., Jan. 2, 2015 (GLOBE NEWSWIRE) -- Morgan Drexen, a leading provider of software and support services to businesses nationwide, (http://morgandrexen.com) today announced that law firms using their powerful software technology will begin business in 2015 having passed the extraordinary milestone of settling more than $541 million dollars of distressed consumer debt.
Morgan Drexen executives announced just prior to the 2014 year-end close of business that outsourced treasury services had tallied an historical $541,048,920.57 dollars in consumer debt for settlement, and have eliminated $328,754,026.70 dollars of debt for struggling Americans.
"These are amazing numbers," said Morgan Drexen CEO Walter Ledda. "The attorneys and law firms we support with our services and cutting-edge software, have helped distressed Americans by handling more than half a billion dollars of debt and have saved those struggling individuals and families nearly one third of a billion dollars," Continued Ledda. "These are good hard-working, but struggling, people who had nowhere else to turn when they needed help the most."
"Morgan Drexen continues to help attorneys do amazing things," said Vincent Howard, founding partner of the Howard Law, P.C., whose firm uses the software created by Morgan Drexen. "Each month, thousands of people who need help turn to attorneys like myself using this proprietary software, to get legal services like bankruptcy and debt settlement," He continued. "We're using technology to help people."
Law firms like Howard Law point to using the support services provided by Morgan Drexen as a way to keep legal costs low enough to allow distressed Americans to receive legal aid to address their financial hardship – services that they might not have been able to afford previously.
"What Morgan Drexen does best is focus on supporting attorneys, who can then spend their efforts helping their clients," said Joe Lizura, Morgan Drexen's Vice President of Media and Public Relations. "In 2014, law firms using Morgan Drexen's software platforms and services settled more than $67,000,000 dollars in consumer debt for their law firm clients nationwide.
One client represented by a Minnesota law firm that contracts for the support of Morgan Drexen, said that being free from debt made him feel like a new man, "This is a great feeling, it's been so long since I've been free from worry that I almost forgot what it felt like, I really am grateful for the help I was given."
"We are excited to have settled more than a half-billion dollars in debt, and the stories we hear back from attorneys using our software and services are truly heartwarming," added Morgan Drexen CEO, Walter Ledda. "Because of our law firm support services, many people are able to afford an attorney for the very first time."
About Morgan Drexen
Morgan Drexen (http://morgandrexensupport.com) provides integrated software systems and administrative support services to businesses and attorneys nationwide. Morgan Drexen's proprietary MDIS software improves workflow through the use of automated document management. In addition to computer technology, Morgan Drexen provides businesses with marketing, marketing support, call centers, outsourced litigation support, databases, work-product retrieval systems and cloud-computing platforms facilitated by the company's outsourced support staff.