How Debt Negotiation Works

So you need a basic understanding of how debt negotiation works.  If you are swamped with long overdue bills, this debt relief method can help you manage your troubled finances and get back in control.   In simple terms, debt negotiation is when you (or a professional negotiator) bargains with collectors to hammer out a reduced payment of your total balance due. 

For example, say you owe $1000 on an overdue bill that is now at a collection agency, and when you were making payments, they were $125 a month.  You (or a professional negotiator) can bargain with the collector and offer them a settlement of $600, and offer to pay them $50 a month for 12 months ($50 x 12 months = $600).   If they choose to accept this amount and payment plan, that is all you will have to pay.  The benefit is you will not be responsible for the remaining $400, and you have reduced your monthly payments from $125 to a more manageable $50 a month.  (This process is also sometimes called debt settlement or debt arbitration.)

Can I Do It Myself?

In most cases, it is less costly to manage debt negotiation yourself, rather than seeking credit services.  There are also do-it-yourself kits that can help you along the process.  However, the average consumer will get a better settlement by enlisting the help of qualified, reliable counselors who are trained to deal with creditors on a daily basis. The higher your debt and the more bills you have in collections, the more you should get a professional to help you.  Regardless of who negotiates, a creditor should be contacted in writing to officially request a reduced settlement.

How Long Will It Take?

Making progress with debtors can be a slow and agonizing process when you do it yourself.  It is a time consuming process.  Many people say that it is like having another full time job.  Depending on number of creditors and the balances due, debt negotiation could take up to 3 or 4 months when you do it yourself.  On the other hand, debt professionals DO work on your case as their full time job and can help negotiate debts significantly faster.

Any Words Of Caution?

If you allow a debt counselor or financial agent to negotiate on your behalf, be sure the payments you make to them are actually being applied.  Be sure any Power of Attorney form that you sign gives your counselor the right to handle your debt negotiation ONLY.  (Power of Attorney is a form you sign that gives another person the right to handle your affairs on your behalf.) 

Also if you hire a professional, always make sure you monitor their progress. If you are unhappy with the service you are receiving, contact The Federal Trade Commission.

Ken S



© 2009

Get the Right Projector to Give a Good Presentation

Are you looking to make presentations? Do you want to step to the right opportunity? If so, you need a projector, and in this article, you will discover why it is absolutely essential for success.

There are many ways to give presentations, and in different places, but the fact remains, to really give an outstanding presentation, you need something extra, and that extra something, is in the form of a projector.

Imagine connecting your laptop to the projector and giving a dynamic presentation, one which gets approval, and brings the sale, brings success.

The first step to buying a projector, is to know that there are several types. The first type is that of the fixed versions, then there are the portable varieties.

To get the projector from place to place, a portable version is going to be essential. After all, something installed in the ceiling is not going to be of any use, if you need to plod it along to a presentation at a client or in the office!

The other benefit with these portable varieties, is that they are actually of great use in the home, and can make all the difference, when you are watching movies on the big screen.

The big screen also allows you to play games on, so taking action is going to certainly help in the office, as well as at home. So take action. There are many places online that have these items in stock, and when you take action, you will see the benefits also.

Self Marketing and Events – How to Present Yourself In Meet and Greets, Career Fairs and Workshops

For the sake of example, let’s use someone who provides services of designing smart phone applications. It is very in demand; however you have just started in business and desperately need clients. Believe it or not, your first step is designing business cards. Yes, those old fashioned, 8 track, analog seeming, physical business cards. Here’s why: sometimes your encounters with potential clients are so brief that you do not have time to take out smartphones and exchange web pages or phone numbers. Even though our sample entrepreneur provides a very high tech service, if his encounter is too brief, he needs to leave the potential customer something with his phone number. It’s a common mistake that some make; they think that people don’t like those clunky space consuming business cards in this modern age. Even if they don’t, when your service offered is something they want bad enough, they WILL save your card and call you back.

The second step in the situation of an entrepreneur is confidence. It can sometimes be very difficult when you are bleeding revenue, are in the red, or maybe do not have a single client yet. If the bills are going unpaid, if your life is falling apart, and the stress is eating you up; you’re going to have to suppress it. After reading around the web a lot we have found that one of the easiest ways to do this is when you are talking to a new person who may be a potential client, pretend that they have already paid you and you are thanking them. Everything is great, your smart phone apps are the best in the business, and you are getting ready to go cash their check. If you don’t, they will see your insecurity and may not be willing to hire you. It’s a vicious environment out there, and no matter how friendly people may seem on the surface, they are inwardly judging you at every second. Instead of saying “I really need the work, I hope you contact me”, try saying, “Excellent, I do believe that I am free, hope to hear from you soon”. Desperation is sensed, and fighting the urge to look desperate at the workshop or meet and greet is going to be your biggest asset in the battle of selling your own business.

As eager as you are to tell people that you create the coolest smartphone apps on the market, remember it is also key to listen. The bubbliest of personalities can really shoot themselves in the foot when it comes to presentation. If you know that the person you are speaking with at the workshop or expo is potentially one of the biggest purchasers of your apps that you make in the state; don’t bombard them; it is more important than ever to let them speak about what they want to speak about first, even if it is their vacation to Idaho to see potato fields. Then after some obligatory listening, you can let them know that you just launched your app creating venture. The client you want to land most may take some time, it will be important to have smaller jobs to tide you over. This is a very difficult time of any business, as some of the smaller clients may literally treat you worse and with less respect than the big fish you are after. You just have to handle these situations with grace, and you WILL know when it’s time to cut them loose. However they are invaluable to pay the bills on your way up.

If you are a job hunter seeking an hourly wage job in the world out there, no matter what anyone says, it is still like walking in a field full of landmines. One good word of advice is that even though we hate to say it; these days if an employer is just desperate to sign you up and have you start tomorrow; they may not be telling you what the job entails. Right now employers get their pick of talent no matter what the media tells you, and if they are hurriedly filling a position, it may be getting ready to be outsourced soon or simply be a very toxic environment.

Another thing to know is that we have been told over the last month that some employers are now taking their applicants through as many as SIX interviews, when the standard used to be 2 or 3. Yes, this can be very demoralizing; and you also have to answer questions from multiple people firing them at you. It is best as always to just be yourself, as clich√© as that may sound. The main thing that your objective to let employers know about you is that you are going to help save them money. They do not care about your violin lesson teaching on the side, or softball league through church. It’s only the bottom line, and it will be this way for quite a few more years. As far as the current climate, without trying to sugarcoat anything; another tactic is that when the interview is over and the hr manager is thanking you for your time; you can always say outright, “Well I am interested in the position; is there any way to move things forward at all?” what happens is that when the interview is over, the applicant leaves, and sometimes the hiring manager has no idea if the applicant really wants the job. We live in a world where everything in life is full of headgames; swashbuckling your way through them is really more of a battle than doing the job every day once you land it.