Saturday, May 3, 2008

Interview On Debt Relief

Q: What is some advice you would give to new affiliates looking for a debt relief advice?

A: You are going to be overwhelmed by people telling you that their systems products are the best for debt relief advice and other peoples' methods are not as good or not good at all.

And you're going to be given all these different paths to choose from on a daily basis.

The result of this causes one to jump from one thing to another, not stick to anything, throw out possibly good methods, and end up in a confusion about which way to go on all the debt relief advice and never really start or finish anything.

Q: What's the solution to this?

A: I could say just pick one thing and stick with it but that wouldn't be the complete answer to obtain ultimate debt relief advice.

First of all, you're not going start any of this absolutely for free and expect it to grow and produce anytime soon and have all the required parts. Almost all affiliate start up programs cost between $47 to $97.

But even if they the supply a Web site or don't require one you'll still have to drive customer traffic to market what you're marketing. You also want to acquire the names and email addresses of potential customers you are marketing to. This IS debt relief advice.

You'll also want to use free or low cost methods to promote with. I have discovered some workable methods and companies to use with this.

Q: What is the best way to start and get in action as an Internet marketer?

A: Get yourself a disposable email address that's going to fill with lots of advertisements. Most of the offers will give gifts that could have valuable debt relief advice without having to buy anything.

E-books, sales letters and example sales letters.

Don't buy any of it!

Read and study the materials you will most likely find some good debt relief advice. If someone is being negative about an approach In order to sell their product, DON'T buy any of it.

That approach has probably worked for those people who put work into it.

Many people have succeeded to make thousands to tens of thousands in this business. Gaining more knowledge will give you a bigger chance of obtaining good debt relief advice and more control over the area.

Those who work smarter and learn more (therefor have obtained great debt relief advice), have done much better.

I was starting to worry about ever-getting real debt relief advice but I found a mentor who gave me my first valuable piece of it.

I had read a lot and didn't know what to do. He said, "Just start something." And has available phone and email.

Mentors give great debt relief advice.

It helps to have someone to talk to about this. A few encouraging words and someone, who has already experienced both the wins and the losses, has been helpful with debt relief advice. I'm not allowed to promote specific programs here, however, you'll be able to contact me at the site. Just look for the GIFT buttons on the site. Best of luck with obtaining your debt relief advice.

Stop Debt - Live Debt

The best way to eliminate debt is to stop debt by not borrowing money. The number one cause of debt is the misuse of credit cards and other forms of consumer debt. So many people live beyond their means that debt has become a threat to our countries financial security.

We have become a nation that purchases everything on credit without a thought of the consequences of our actions. As a result many do not even consider taking the steps to stop debt until their spending habits lead to a financial crisis. Debt is a serious threat to our families as well. The number one cause of divorce is the mismanagement of money. Debt is also linked to domestic abuse and violence as well.

If you are really serious about your efforts to stop debt you must start living below your means or increase your means. A debt elimination plan is critical to becoming debt free. You must be disciplined enough to follow the plan. The plan may mean selling your expensive car and purchasing a less expensive used car with the equity thereby eliminating your car payment. Unless you are a millionaire you should never purchase a new vehicle. Always pay cash for a good used vehicle.

In addition you need to stop borrowing money, cut up all your credit cards and start living on a cash basis. This is probably the hardest step in any stop debt plan. So many people have become accustomed to using credit cards that they cannot imagine living without them. This is a very critical step in your efforts to stop debt and to live debt free.

There are many debt elimination programs that you can subscribe to that will assist you in your debt elimination efforts. You do not have to spend money on debt counseling. If you are able to balance a check book and set up a budget then you can get yourself out of debt. A quick check of debt elimination plans on line will provide you with the resources to develop your debt elimination plan.

Again the most important first step in eliminating debt is to stop debt by not borrowing money through the use of credit cards and consumer debt instruments. Proverbs correctly states that: the borrower is the slave of the lender". Stop being a slave to credit card companies and stop debt.

Friday, March 28, 2008

Great info on Debt Relief Plan

If debt free and worry free living are something that sound good to you, then you're in the right place. We're about to go over a plan that will help you eliminate your debt faster than you ever thought possible!

1. Get your spending under control. Stop buying anything with your credit cards unless it is something that is absolutely essential to live and you can pay off the balance in full at the end of the month. You need to stop accumulating bad debt.

2. On a sheet of paper or in an excel spreadsheet, list all of the people or creditors that you owe money too. Next to each name, list the current balance or total amount owed, the interest rate, and the minimum monthly payment.

3. Rank your debts by interest rate, starting with the highest rate first. Another way to do this would be to rank your debt by the lowest current balance first. Which way you choose will depend on your level of motivation. By paying off your higher interest debt first, you will be saving yourself some money in the long run. But if you're desperate to see something happening with your plan, you might want to pay off smaller balances first to keep you motivated.

4. This step might be rough, especially if you're already struggling to get by. But you need to find some extra money that you can apply to your debt reduction plan on a monthly basis. Obviously the more money you can come up with the better, but anything will help. As I mentioned, finding extra money is not always easy, but if you dig deep enough you can usually find some unnecessary expense that can be cut out, such as smoking, t.v., or paying for that coffee on the way to work. You can then use that money towards debt reduction.

5. Starting with the debt you decided to rank #1, make your minimum monthly payment plus the extra money you came up with. On everything else, make the minimum monthly payment only. Continue to do this every month until the first debt is paid off. On the following month apply the minimum monthly payment from debt #1, the minimum monthly payment from debt #2, and the extra money to debt #2. Continue to make the minimum payment on everything else. You will follow this pattern until your debt is completely eliminated. Good luck!

3 Tips for Debt Relief Plan

The only way to eliminate debt is to create a realistic plan of action for repaying creditors. Fortunately, there are numerous ways to reduce debts, which lower your monthly obligations. Fewer bills mean more money, which can be used for other things. Before considering bankruptcy or a type of debt settlement, consider the following tips for eliminating unnecessary debts.

Pay More than the Minimum Payment

If you want to payoff credit cards, intend on paying more than the monthly minimum. If possible, double or triple the amount due. The best way to quickly payoff credit card balances is to apply a lump sum of money toward the debt. This money can come from second employment, income tax return, the sale of a personal item, etc. Another tactic for reducing a credit card balance involves obtaining loans or cash gifts from friends or family members.

Acquire a Bill Consolidation Loan

Bill and debt consolidation loans are ideal for persons hoping to become debt free. If you own a home, consider a home equity loan or cash-out mortgage refinancing. The funds acquired from the transaction can be used to payoff high interest credit cards and other debts.

Home equity loans create an additional loan. Because these loans have low rates and fixed terms, they are normally easy to repay. If choosing the refinancing route, the monies received are wrapped into a new mortgage loan. Hence, the amount owed on your home will increase.

Other methods of bill consolidation include obtaining a secured or unsecured personal loan from a financial institution. If you cannot qualify for a consolidation loan, seek the help of a debt management company.

Obtain a Credit Card Balance Transfer

Individuals with excessive credit card debt generally cannot fathom obtaining a new credit card. However, credit cards offering balance transfers at an introductory rate of zero percent provide an effective means of eliminating debt. For the most part, zero percent is offered for the first 12 to 15 months. This allows ample time to reduce or eliminate the credit card balance. Because zero percent only applies to the balance transfer, avoid new credit card charges.

Friday, March 14, 2008

People Drowning In Debt Crisis

Most people are drowning in debt and do not know what they are going to do. It is possible that you are in this situation and have spent to much on your credit cards. You may even be looking for a way out of this mess and need help. Not to worry there are some methods that you can use to erase your debt and get you on the road to being financially debt free.

Government Grants - Every year the Government gives away money in the form of grants for many different reasons. It is possible that you can obtain a Government Grant to pay of your credit card bills and become debt free. The money that they allocate is based on need and not on want. When you are filling out applications it is important for you to let them know that this is the only way you will be able to get out of debt.

Tax Refunds - You should really try paying extra money every month on your credit card debt. You can save lots of money in interest if you pay even a small amount every month. You tax refund is a great way of paying down your debt and will save you tons of money in interest.

Selling Stuff - Do you have a bunch of stuff laying around your house or in your garage that you don't use anymore. The saying goes, "One Man's junk is another Man's treasure." You need to gather that unwanted stuff and try selling it on ebay or craigslist. You will be surprised how much extra money you can obtain to pay off your credit card debt.

Thursday, March 13, 2008

Negotiating Lower Debt Payments With Creditor

Think you need to have professional finance training to negotiate lower debt payments with your creditors? Well, you don't. In fact, while many Americans opt to speak with a financial advisor about negotiating lower payments, the simple truth is that you don't have to do much more than reach out and negotiate on your own behalf in order to reach a fair agreement. The key is knowing how to do this, what to say, and how to say it.

If you're thinking about negotiating lower debt payments with a creditor, the first step is to craft a professional letter indicating your interest. This gives your creditor a full explanation of how and why you need to negotiate your debt. Have you recently lost your job or had to undergo a long hospital stay? Include these bits of information in your letter.

Don't lie, but don't forget to include any pertinent information about your credit history that explains why you're asking for lower debt payments or even total debt settlement. Creditors are usually interested in making their money back and making a profit, but they are mainly concerned with bringing money back their way. This is not possible if you're on the brink of bankruptcy, so they are usually willing to listen to your negotiations and work with you to some degree.

Properly explaining your credit struggles

As you're crafting the letter and eventually preparing to reach out to your creditor to further discuss negotiating your debt, the second step is to properly explain why lowering your debt payments is necessary and how it will benefit both sides in the deal.

As stated earlier, creditors are in the business of making money. But they also need to know that you're not simply looking for a quick way out and a quick settlement that will only benefit you. Be ready to provide specific evidence pointing towards your need for debt negotiation. Do you make less than you need to survive every month? Has some event out of your control caused you financial strain? Are you a regular customer of your creditor but run into hard times? Be thorough in your explanation.

Negotiating your credit with a professional

If you can afford to speak with a professional financial advisor, the third step in debt negotiation should be to do so immediately. They can help you through the negotiating process and even work on your behalf to speak to creditors and find a solution to your dilemma. Many creditors will also try and take advantage of those who try to negotiate debt payments on their own.

By bringing a professional into your corner, you will be at a clear advantage and will have the opportunity to win a more favorable negotiation from your creditor. You can also speak to the professional about different ways to stay out of credit trouble in the future. By establishing some sort of budget and learning more about interest rates and minimum monthly payments, you may find that staying out of debt is something that is attainable for you.

But, for now, focus on the negotiation process and how you can work with your creditor to handle negotiating your debt payments in a timely manner. Be sure to stay away from any deals that could hurt your credit. In the end, you'll be much happier with less debt on your plate and more committed to eliminating your debt wholly. Get started today and find out how easy it can be to negotiate your debt.

Saturday, February 23, 2008

Debt Solutions And Debt Free Life

It is a little known fact that the you can use debt relief to pay off your credit card bills. There are a lot of people around the world who are suffering from mounting credit card debt and debt settlement could offer you some relief. We all have had issues from time to time with credit card bills and maybe overspending.

The credit card companies make it too easy for us to get multiple cards with limits that are usually above what we can afford with rates we could never pay down. If we are a few days late on our account and the bank is calling to offer more credit -does this happen to you? Or, perhaps you have no source of income and no way to pay, yet they give you credit but not your wage earing spouse. They seem to only want to increase their own risk.

The key to debt settlement is finding the best guarantee and trusting your team, they are available but you have to do your homework. It is important to remember that debt settlement has better end results than getting a traditional debt consolidation loan and much smarter long term. Traditional debt consolidation loans can require you to have some type of security or collateral to obtain the loan. With Debt relief through debt settlement your going to pay back around 50% of what you owe.

You must be patient and be educated in the debt settlement process for it to work for you.

The best thing about debt settlement relief is that when the program is over YOUR DONE. A debt consolidation loan can drag out for years, and can lead to double the debt, and bankruptcy.

Absolute Debt Solutions was established to make a positive impact in people's lives by freeing them from the burden of debt. The debt management programs we can offer are designed to help people become, and continue to live debt-free.

Banks Levying Taxes And Freeze Accounts

In order to collect back taxes the IRS can freeze or seize part or your whole bank account . This is usually referred to Bank Account Garnishment or a Bank Account Levy. The IRS will notify your bank and seize your bank account with a "Notice of Intent To Levy." However, this seizure is only at that specific day. In other words, they can only seize the money you have at the time of the initial bank account levy.

If you have been hit with a Bank Account Levy, sign up quickly for a Bank Account Levy Release Consultation as you only have 21 days to release the levy (stop the money from going to the IRS and have it returned to you). Once your bank receives the Intent to Levy letter they will hold your funds 21 days before sending it to the IRS so have us contact you today before you lose your money.

What Do I Do If The IRS Already Seized or Levied My Bank Accout?

Filing a claim for reimbursement if the IRS as mistakenly levied you is the 1st step. Next, get a Bank Account Levy Consultation To Appeal to the Tax Court. Use Form 8546 (PDF), Claim for Reimbursement of Bank Charges Incurred Due to Erroneous Service Levy or Misplaced Payment Check.

What Happens Before A Bank Levy?

Many states have different laws around tax levies. With the IRS, they follow a strict protocol. Here is usually how it works:

1) The IRS sends you a by mail a Notice and Demand for Payment:

2) You do not respond or refuse to pay the taxes

3) The IRS will then send you a Final Notice of Intent to Levy and Notice of Your Right to a Hearing at least 30 days before they levy. They can give you this letter in person, or send it to your address or place of business. If they levy your state tax refund, then you will Notice of Levy on Your State Tax Refund, Notice of Your Right to Hearing after the levy.

Typically, you can call and ask for the IRS to provide you a manager to review your case, or you can ask for a Collection Due Process hearing with the Office of Appeals by writing the IRS office at the bottom of your notice. You need to file your request within 30 days of the day in your notice. Some of the issues you may discuss with them:

* You paid all taxes due before the IRS levy notice was sent

* There was a miscalculating or ill an assessment regarding your taxes

* The legal time to collect the tax expired (aka statute of limitations) before the tax levy was sent

* You wish to discuss the collection options, and never had an opportunity to contest the total taxes due

* You are planning to use spousal defense or proceed needing Innocent spouse relief