Released on = October 30, 2006, 12:58 pm

Press Release Author = Equity Concepts

Industry = Financial

Press Release Summary = Equity Concepts Inc. (ECI) opens subdivision specializing in
helping borrowers regain financial strength to avoid bankruptcy and save time with
lawyers.

Press Release Body = FOR IMMEDIATE RELEASE CONTACT: Jason Flynn
401.719.5694
jflynn@eciloan.com http://www.whyfile.net

Game Over. Please Try Again. Equity Concepts Gives Borrowers a Chance for
Financial Comeback at WhyFile.net

CRANSTON, RI, OCTOBER 10 - Equity Concepts Inc. (ECI) opens subdivision specializing
in helping borrowers regain financial strength to avoid bankruptcy and save time
with lawyers. With ECI's streamline process, borrowers are able to allot time for
finances and save time with attorneys. The bankruptcy process can often take months
to years, and attorneys can lose valuable and costly time. With WhyFile.net,
attorneys are able to refer their clients, who may unnecessarily engage in filing
for bankruptcy causing years of financial restrictions, in getting the help they
deserve.
Our experienced mortgage professionals work with clients to evaluate financial
options, lock in favorable rates, secure rapid approval, and close the loan quickly
and efficiently, leaving the attorney extra time and saving money. Many clients
fail to realize that not only a negative social stigma is attached to chapter 7 and
13 filings, but that the filing can remain on credit reports for up to 10 years.
But with an attorney referral to explore other options, many customers' credit can
be Scot free.
ECI created new partnerships with over 30 of the most prominent mortgage lenders,
including JP Chase, National City, and Option One, making over 700 programs
available. They have been able to provide billions of dollars in financing and
saved customers hundreds of thousands of dollars.
ECI is a licensed mortgage broker/lender with service in 16 states and plans to
expand in 2007. They have originated billions of dollars in financing for their
customers through continued commitment to assisting homeowners meet their financial
needs. Founded in 1989, ECI includes subdivisions specializing in Spanish speaking
personnel, bankruptcy,
and divorce. ECI is headquartered in Cranston, RI, and maintains a corporate site
at www.equityconcepts.net. ECI has been listed among Rhode
Island's 50 Fastest Growing Private Companies and Rhode Island's Top 100 Private
Companies in recent years.
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Web Site = http://www.whyfile.net

Contact Details = jason Flynn
Jflynn@eciloan.com
401.719.5694