Sunday, August 26, 2012
Negotiate their own debt advice - Do not leave anything on the table
People are generally reluctant to negotiate in certain situations. It should not be afraid to negotiate or let it intimidate you. It may not be fun, but it is a necessary part of this process. Always remain calm (even if they are not) bad decisions are usually made when people are emotional. Follow the suggestions below and this will get you started on the right track.
Tip Ten - Do not leave anything on the negotiating table
If this is your first experience with negotiating you can get caught in the moment and accept the agreement without getting everything you want included. This is a typical tactic to use skilled negotiators. It will make you start saying yes to more items and then close the deal, leaving some items out.
To prevent this from happening on your list of items next to you at all times. When it comes time to close the deal you can use this as a checklist to make sure you cover all important points.
Make sure you have everything you can get. Do not leave anything on the table. The first thing is the Settlement Amount. I recommend starting from 5% to 10% of its total debt and had to solve not more than 30%. Demand that all the negative comments on your file to be removed. Finally, Ask for six months to pay. You never know if this works. I was lucky to work this in three of my offers so be sure to ask. Get all you can before you say yes!
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