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negotiating with creditors Tagged Articles
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The PROs and CONs of Debt Settlement
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| This article will cover the most basic reasons why consumers sometimes don't feel comfortable with a debt settlement program. I think the main reason is because there are debt agents who just don't do a good enough job explaining the program, as my title states, the Pro's AND the Con's. |
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Other negotiating with creditors Related Articles
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Mastering the Art of Negotiation
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| Regardless if you are in the market for a home, selling a product, or simply trying to get the kids to clean up their rooms — you have to negotiate what you want. If you consider that everything you want is owned or controlled by someone else you will realize in fact that we are all negotiating MOST of the time. So it makes sense to learn how to get better at it.
There are predictable responses you can count on in the negotiating process and effective tactics that good negotiators know how to use and respond to. Before getting into those specifics however, it is important to understand the fundamental principles that govern ALL negotiations and situations of influence. |
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Getting to Yes
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| Negotiating Agreement Without Giving In |
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Credit Scoring
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| Ever wonder how a creditor decides whether to grant you credit? For years, creditors have been using credit scoring systems to determine if you'd be a good risk for credit cards and auto loans. More recently, credit scoring has been used to help creditors evaluate your ability to repay home mortgage loans. Here's how credit scoring works in helping decide who gets credit -- and why. |
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Counter your Customers’ Negotiation Tactics
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| Be prepared for customer negotiating tactics by determining your response before your sales call. Don’t be blindsided into giving away something you did not intend to. Your customers may attempt to improve their outcome at your expense (lose-win). Negotiating tactics tend to turn the focus away from legitimate negotiable items and ask for concessions based on irrelevant issues. Sometimes negotiation tactics are used unconsciously (see example below). Tactics have persisted and are touted in some negotiation books and training workshops because they are effective at least in the short-term. Their long-term effect is to hinder relationship building because your customer does not want to feel that you are taking unfair advantage. |
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FATAL TRAPS OF NEGOTIATING EXPOSED
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| Negotiating is the most highly paid workyou will ever do. You are generally making more per hour when
you negotiate than anything else you'll ever do! Here are the most common mistakes made in negotiations. How to avoid these "fatal traps". Why poor planning can lead to a disaster. Why rushing is a big mistake. Why it's important to understand what the person you are negotiating with wants before you open "your big mouth!!! |
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Communicate with the people you owe; it’s a win-win for everyone
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| James Dicks explains the benefits of being honest with your creditors, even when the answer is not what they want to hear. |
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E R R Your Way to Negotiating Excellence
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| Negotiating is the ultimate challenge for any entrepreneur. Being good at it is essential for success. You don't have to be a shark to succeed. The dolphin approach is better. The difference is one of style. While sharks try to intimidate, dolphins genuinely enjoy people. They are confident, assertive and don't try to manipulate their opponents with negotiating ploys and gambits. Learn the ERR principles of negotiating and you may never need any others. When you apply these 3 principles you'll become a more successful negotiator and gain the respect of your opponents in the process. |
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Dealing with Debt Collectors
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| Owing a debt and being unable to pay it has limitless disadvantages. The paramount being not having a peaceful life. Falling short on payments leads to creditors or debt collectors chasing you for the debt. |
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How to Avoid Having Your Creditors Pierce the Company Veil
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| One of the principal reasons you form a corporation or a limited liability company (“LLC”) to own and operate your business is to insulate your personal assets from the claims of business creditors in case your business is not successful. Generally, your personal exposure is limited to the amount of capital you have contributed to the company. However, if you fail to follow the requisite business formalities, your attempt to insulate yourself from the claims of business creditors may be futile. |
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Filing an Emergency Bankruptcy Petition
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| An emergency bankruptcy petition can get debtors protection immediately. This can stop creditors from eviction and even foreclosure. If these creditors are down your back, this may be your best option. |
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