All Forum Posts by: Account Closed

Mercury

thats great advice.

thank I ll be sure to use that on my next prospect.
Ill let you know how it went.

what if your in a market where house aren't selling and you have equity and renter but with a negative cash flow.

would it be ok to pull out the equity if you have a better place to put it. and you can aford the negative cash flow?

one more thing I paid it in full. The ticket was $400 and I paid $400 so I will have to tweak it out a little.

.So I should write a letter to the collection agencies and they will handle it from there. I found a sample letter off that website you recommend.

I should fix it to make it fit my situation. '

what do think? is this correct?

AGREEMENT TO COMPROMISE DEBT

Max Creditor, referred to as CREDITOR and Jane Doe, referred to as DEBTOR, agree to compromise the indebtedness as between them. CREDITOR, hereby agrees to compromise the indebtedness due the CREDITOR on the following terms and conditions:

The CREDITOR and the DEBTOR agree that the present debt due is $1436.18 (one thousand four hundred thirty six & 18/100 dollars). The parties agree that the CREDITOR shall accept the sum of $1000.00 (one thousand & no/100 dollars) as full payment on the debt. The acceptance of the payment will serve as a complete discharge of all monies due. The payment shall be made in cash.

In addition, upon accepting of the $1000, the CREDITOR will notify all Credit Reporting Agencies that account is PAID AS AGREED, and delete any entries showing this account as ever being late.

This compromise is expressly conditioned upon the payment being received by January 15, 2000. If the DEBTOR fails to pay the compromised amount by January 15, 2000, the original amount owed by the DEBTOR will be reinstated in full, and immediately due.

This Agreement shall be binding upon and inure to the benefit of the parties, their successors and assigns.

Dated: _______________

Signature: ____________

Max Creditor
CREDITOR

Signature: ____________

Jane Doe
Debtor

this is the website: http://www.creditinfocenter.com/forms/sampleletter6.shtml

hahahahah. Thats true!

yes it is better to door knock and be in front of the seller, there getting ton's of letter's every day, and sometime there just to scared to call. they really just dont know what to do sometime.

If were to dk what would you say?

lefty

yes I would like more specific information on the process. I did pay it in full.
what should I say?
what letters should I write?
who do I contact?

what dose CRAs mean?

I disputed the item to experian but it didnt come off.

thanks

ok thats great.

I appreciate the great advise you been given me.

ok,

thanks EricFoster,

I had freecreditreport.com but I heard its not good so I canceled it.

Ill try truecredit.com and check out the reason for my credit score being low and try to improve it from there.

If any one else wants to add something be my guest.
any nuggets of wisdom help.

I email my mentor and I ask him if I should just call them I was thinking it would be much easier.

I ll ask him tomorrow morning.
Do you any scripts for cold calling.
can I also get those DK scripts?

thank. I ll pm you my infor

P.S. do have boot camp?