Expert
Debt Settlement Attorney Program For Green States and Red States
[Finance:Debt-Management] However, now there is pending legislation that
appears to show a strong preference for the attorney-based debt resolution
model as opposed to the non-attorney debt settlement model. Obviously, an
attorney has a reputation on the line during all representations of a client;
however, a debt settlement affiliate has no accountability and little or no
chance of being held responsible for recompense for their actions.
Make
the Investment in Free Debt Settlement Leads
[Finance:Debt-Management] With the right debt resolution content, you
too can start driving targeted traffic to your website(s), landing pages and
lead capture forms. If you've only heard this familiar language, but don't
really understand "exactly" how search engine optimization and
expertly written debt settlement content works, what it costs, how to get
started, etc., then this article is for you.
Debt
Settlement Affiliates Move to No Docu-Sign and No Statement Collections!
[Finance:Debt-Management] You have undoubtedly heard or read that debt
settlement affiliates are swiftly making the changeover to the far more
advantageous attorney-based debt resolution version. It's simple to understand
why this is when you consider the "green state" model, which defines
those States that do not require an attorney for settling a consumer's debt.
Debt
Settlement Content and Search Engine Optimization
[Finance:Debt-Management] You're now in the debt settlement or debt
resolution business, you have your sales force in place, most likely still
recruiting, but your constant struggle each month is debt settlement leads. You
can't get enough of them at the right price and their consistency is mediocre
at best.
Debt
Settlement Company Moves to Accelerated Commissions to Cover Overhead
[Finance:Debt-Management] With more and more people buried in credit
card debt, especially from the recent holiday shopping, it's no coincidence
that more and more sales offices, call centers, mortgage offices, credit repair
companies and entrepreneurs are jumping head first into becoming Debt
Settlement Affiliates, Net Branches and or an Attorney Based Debt Resolution
Affiliates. The simple fact is, there are no barriers to entry except a
physical presence, a sales force, debt settlement and or debt resolution leads
and money to carry you until the monthly fees start adding up. Realistically,
this can take a long time and many have...
Debt
Settlement Affiliates and Wedding Factories Have a Short Life
[Finance:Debt-Management] If you're not one of them already, you're
likely to join the debt settlement affiliates who are quickly moving to the attorney
based debt resolution model, as it has prevailing advantages over the
"green state" model - (the States that don't require an attorney to
settle consumer debt). Both models are quite similar except that attorney's
resolute debt vs. just anyone (literally) getting on the phone representing the
consumer, better known as "back-end debt settlement wedding
factories" who unfortunately know what to say, but not what to do.
Debt
Settlement Companies Own Up - You Don't Have to Pay Monthly Junk Fees - Proper
Debt Settlement
[Finance:Debt-Management] Americans who have already settled their debt
have derived a national average of $25,000.00 in debt to settle, across the
board, nationwide. Some have $5,000 to settle, and some have $105,000 in debt
to settle. This includes credit cards, medical bills, and all other
"unsecured debt."
Debt
Settlement - Are You the One Holding the Red Flag?
[Finance:Debt-Management] If your core business is mortgage services,
loan modification, credit repair, or if you're an attorney, accountant or
adviser just offering debt settlement to your clients because it's in vogue
right now, be sure to preserve your reputation by not offering debt settlement
with extra monthly maintenance fees or service fees. It's so gauche (adjective:
lacking social grace, sensitivity and tact), and it can really make you look
like you steal money for a living from people who are already down on their
luck.
Is
Your Debt Settlement Office Closing 200 Deals Every Month?
[Finance:Debt-Management] As American households take on even more
credit card debt each month, just to pay their bills, debt settlement companies
and their affiliate offices are raking it in. One would say it's a great time
to be in the debt settlement industry, but will you be an affiliate office that
has 10 agents and can only close 75 deals each month or will you and your 10
people close at least a deal a day each, and close 200 plus debt settlement
deals every month?
When
Debt Settlement Goes Wrong, Are You to Blame?
[Finance:Debt-Management] All too often a new Industry arises and tens
of thousands of phone sales professionals recommend a product or service like
debt settlement or loan modification, as it promises many six figures for them,
but like every said Industry before it, many come out with black eyes and or
black listed in their social community. Let's take a closer look.
Settling
Your Client's Debt First, So You Can Modify Their Loan - Smart!
[Finance:Debt-Management] As debt settlement statistics tell us, if
you're doing really well with loan modification, diversify, and fast, as debt
services are needed on a 10 to 1 basis and, there's a double dip in it for you.
Imagine, you're able to not only save your clients home, but settle their debt
for as little as 50% on the dollar. Moreover, the value of first settling your
clients debt, so they can more concernedly modify their loan is invaluable to
not only your client(s), but you as well. It could mean the difference between
2 deals and no deals.
Start
Offering Debt Settlement to Your Clients, But Which Company(s) Do You Choose?
[Finance:Debt-Management] It's the same old song and dance; the guy that
was selling insurance last week is offering debt settlement this week and the
woman who was selling real estate is now offering loan modification. Those on
the front lines of erecting these offices so that another Industry can
flourish; kudos to you, as those in the know, know it's not easy. Recently and
most noticeably has been the explosive growth and opening of debt settlement
affiliate net branch offices.
"Settle
My Debt" With No Monthly Junk Fees Please - Ok, Done!
[Finance:Debt-Management] With so many options from the Internet to
settle your debt and the ongoing phone calls from the phone terrorists, check
out this unique debt settlement company and how it may be the Mecca of legal
and proper debt settlement for loan modification companies, debt settlement
affiliates, back end debt settlement companies and the like. For the consumer;
As if it weren't bad enough out there, leave it to the cowboys of the debt
settlement Industry to rape and pillage their own brothers and sisters.
Debt
Settlement Leads - Loan Modification Leads - It's All About Technology
[Finance:Debt-Management] Given the opportunity to speak to receptive
consumers truly interested in settling their debt or modifying their loan is
all about your lead source. And if you're looking to settle your debt, you'll
want to make sure that you're not paying any monthly service fees or monthly
maintenance fees, as only a handful of companies across the nation offer this
option.
Settling
Your Debt With No Monthly Service Fees is Smart!
[Finance:Debt-Management] You're sitting at home and the phone rings
once again. It's another debt settlement professional looking to offer their
services to you - you know, settle your credit card debt and settle your other
unsecured debt for 50 cents on the dollar.
Thinking
of Buying More Debt Settlement Live Lead Transfers, Again?
[Finance:Debt-Management] Live lead transfers can be delivered in many
ways, but the most equitable and effective live lead transfers occur when an
interested consumer opts-in to a form that when filled out authenticates their
true interest. Only buy debt settlement and loan modification leads that are
opt-in. Any other lead is bound to be a waste of your time, as the consumer has
no idea what you're talking about.
Settle
My Debt - Are You Offering Debt Settlement With Class?
[Finance:Debt-Management] Before you jump right in and become a debt
settlement affiliate, speak to at least 4 different Companies. There are
important questions you should know to ask and without some cursory knowledge of
how debt settlement works, you're likely to be taken advantage of and you may
even get yourself in trouble.
Loan
Modification - Quick and Simple!
[Real-Estate:Foreclosures] If you cannot afford your mortgage payments
and do not qualify to refinance your mortgage, you'll want to learn more about
the "loan modification" process. It's a solution that thousands of
homeowners are relying on to get out of foreclosure and once again be up to
date on their payments with better mortgage terms.
Start Offering Debt Settlement, But Which Debt Settlement Company(s) Do You Choose?
By Rich Preisig
It's
the same old song and dance; the guy that was selling insurance last week is
offering debt settlement this week and the woman who was selling real estate is
now offering loan modification. Those on the front lines of being a mortgage
owner or branch manager, now loan modification agent, can find it quite
incestuous, as new industries rise and fall. Rising; yes, and the Debt
Settlement Industry is apparently the New Black!
Recently
and most noticeably has been the explosive growth and opening of debt settlement net branch affiliate offices. And interestingly, these same
salespeople are filling these debt settlement branch offices, and they're
making $75,000 - $200,000 in commission income, as they bailout the people with
overextended credit card debt and other unsecured debt. There is so much money
in the debt settlement industry and a lot of people are going to get a Fresh
Start!
If you
too, are looking to Offer Debt Settlement to Your Clients, and you should, as
there is real money in it, it makes sense to have several back end
relationships going at once, as you never know when one is going to let you
down or be shut down - see below. See what's out there and what works for you.
See which company is consistent and thorough, easy to communicate with and is
truly interested in your offices' growth.
For
many of you who have come into the Debt Settlement Industry from the Mortgage
Industry or Loan Modification Industry, it's the same as having multiple
Lenders to source your loans to. Don't be naive and fall in love with only one
Debt Settlement Company, as you'll unknowingly find that you're missing a lot
that's going on around you in the Industry as a whole, never mind a better
payout or better track record of Client retention. This is a warning for all of
the debt settlement offices out there who are currently being paid 60% or
higher which is 9%+ of the 15% in collected fees. It feels good as the money is
coming in, but apparently, Attorney General Andrew Cuomo isn't going to let it
last.
There's
good money in being a Debt Settlement Agent. In fact, there's more money right
now in Becoming a Debt Settlement Affiliate Net Branch Office than any other
similar industry and the run looks to last for many years to come, as more
American's live off of their credit cards, only paying their minimums.
And
with State Attorney General Andrew Cuomo recently stating that "Companies
in the debt settlement industry often prey upon consumers who find themselves
unable to keep up with credit card payments during these difficult economic
times," it's important to understand what these debt settlement companies
are doing wrong and what Debt Settlement Companies are doing it properly.
Exclusive LIVE
Debt Settlement Transfers
First
and foremost, any debt settlement company that is willing to offer your debt
settlement office aggressive upfront commissions is likely to be out of
business or put out of business shortly.
The
reason for this is twofold; 1), if you were a customer and agreed to pay back
$500 per month for the next 36 months, but noticed that your first 3 months
payments of $1,500 were disbursed as follows - $1,250 went to the debt
settlement office as fees and only $250 went to settling your debt. This is the
reason that the client retention rate for such debt settlement companies can be
low and overall, it brings the Industry average for customers completing the
debt settlement program through its term down significantly.
Secondly,
this unexpected nationwide probe into the debt settlement Industry, just as
more and more Debt Settlement Sales Offices are sprouting open, it looks like
just as many will be shut down. So, be sure you know that the debt settlement
companies you're signed up with, are first looking out for the customer. Just
like in Life, the litmus test is generally pretty easy. It's either right or
wrong to take all of the customer's fees upfront.
Attorney
General Andrew Cuomo clearly feels that some debt settlement companies are
bastardizing the Industry. The subpoenas were issued to American Debt Foundation
Inc, American Financial Service, Consumer Debt Solutions, Credit Answers LLC,
Debt Remedy Solutions LLC, Debt Settlement America, Debt Settlement USA,
Debtmerica Relief, DMB Financial LLC, Freedom Debt Relief, New Era Debt
Solutions, New Horizons Debt Relief Inc, Preferred Financial Services Inc, U.S.
Financial Management Inc and the Allegro Law Firm.
For
the rest of the scrupulous offices out there willing to play the game fairly,
so we can all play it again tomorrow, cheers to you, as the debt settlement
Industry isn't the easiest Industry, but it can give many deserved people in
this Country a "Fresh Start" says Richard Preisig, a Debt Settlement
Industry Insider.
With
the right debt settlement office training and the right marketing plan, a debt
settlement net branch office can close 2 to 3 debt settlement deals, per debt
settlement agent, per day. Your debt settlement office training should be
ongoing and easy to duplicate. There should always be room for growth and
expansion, but the message should be clear and consistent.
A graduate of the University of Binghamton, Rich Preisig has a distinguished background in marketing, sales and innovation. His educational training in the areas of Applied Social Science and Human Development familiarized him with the concerns people have concerning privacy and personal information. Today, Preisig’s http://MerchLeads.com is an innovative leader in the brokering of services industry with a unique twist.
As well, Loan Saver, Inc. “LS” and its online Mortgage Portal have been created to educate and protect American homeowners. LoanSaver.com accomplishes its goal using proprietary content, video, a social community, and blogs to provide an understanding of the oftentimes confusing mortgage industry and those that represent it. Members of the LoanSaver.com community are able to socialize with other homeowners nationwide on the LoasnSaver.com website by registering their unique profile.
Rich Preisig’s LoanSaver.com is a simple and effective tool to find and screen professionals in the home and mortgage industries. Members are able to see what other users of the LoanSaver.com community have to say about any given professional on the site, as well as write their own reviews about their experiences. Each professional on LoanSaver.com is given a "Reputation Rating" that is directly affected by community feedback. In addition to its vetting function, LoanSaver.com helps educate homeowners by allowing them to watch the education videos LoanSaver.com has available and keep current on the news that is important to them. When not managing the day-to-day realities of a successful Internet home mortgage and real estate enterprise, Rich Preisig enjoys flying kites and relaxing with his family.