Posts Tagged ‘GreenPath Debt Solutions’

WOMAN WHO BAKES HER WAY OUT OF FORECLOSURE ALLIGNS WITH GREENPATH TO HELP OTHERS IN NEED

Monday, October 12th, 2009

New York, NY, October 8th 2009 – Angela Logan, a.k.a. “The Mortgage Apple Cake Lady,” together with popular national online gourmet cake store, Bake Me a Wish!™ (www.bakemeawish.com) announces that five percent of all proceeds from the sale of Angela’s now famous Mortgage Apple Cake will go to GreenPath Debt Solutions (www.greenpath.com). This nationwide non-profit consumer credit counseling service has been helping people resolve financial problems, achieve financial goals and get relief from debt since 1961.

In the summer of 2009, when 56 year old mother and commercial actor/model Angela Logan was faced with foreclosure on her Teaneck, New Jersey home of 20 years, she turned a much-loved apple cake recipe into a moneymaker. Her story struck a chord with people all over the world. After local and then national media shared her story, Angela was left with more orders than she could possibly fill and deliver. That’s when New York-based Bake Me a Wish!, a company known for its charitable outreach, came to her rescue baking and shipping her cakes. Logan has since trademarked her signature cake and signed a two-year licensing agreement with Bake Me a Wish! She has emerged from foreclosure in a very sweet way, and is now paying it forward.

“People really rallied behind me and helped me when I needed it most, so I really want to pay it forward and let my cakes help others. The big lesson I learned through my ordeal is that there is no shame admitting there is a problem and then asking for help. Help is truly out there.”

Logan, who worked with a credit advisor, realized how important it is to have a credible expert guide you through a complex process. “There are a lot of scams out there targeting people when they are at their weakest. I was fortunate to find a credit counselor in New Jersey to help me. Since GreenPath has been around on the national level since 1961 with a proven track record, I wanted to get involved and raise awareness.” Her original motto carries over – Stop Foreclosure One Cake at a Time.

The statistics are startling. GreenPath has seen the number of mortgage delinquency counseling sessions grow 450 percent in the past two years. In 2007, GreenPath counseled close to 7,000 consumers compared to 38,000 consumers so far in 2009, and the year isn’t over – the company will most likely exceed 50,000.

“When we learned of what Angela had gone through, what she did to save her home and how her story resonated with others, we were happy to learn she wanted to help GreenPath in its mission. We appreciate Angela Logan and Josh Kaye, founder of Bake Me a Wish! for their commitment to helping others in need,” said Jane McNamara, President and CEO of GreenPath.

Bake Me a Wish! is always looking for ways to get people involved in giving back. Since 2006, they have sent thousands of cakes to American soldiers serving in Iraq and Afghanistan via another charitable effort called Operation: Birthday Cake. “Aligning with GreenPath through charitable donation is a phenomenal opportunity for our company to assist more Americans in need of sound financial advice and assistance, especially in these harsh economic times. Helping others is what it is all about,” said Josh Kaye, President of Bake Me a Wish!

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GreenPath Debt Solutions, a nationwide nonprofit consumer credit counseling service, has been helping people resolve financial problems and achieve goals through financial counseling, debt management and education since 1961. Headquartered in Farmington Hills, Mich., GreenPath operates 37 full-time branch offices in Michigan, New York, Wisconsin, Illinois, Indiana and Arizona and delivers licensed services throughout most of the United States over the Internet and telephone. More company information is available at www.greenpath.com.

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