Monday, January 20, 2014

Real Entrepreneurs

I saw a recent article in Inc. Magazine online regarding the difference between real entrepreneurs and wannabes and thought it was worth sharing here.  Please click the link below to view...

http://www.inc.com/erik-sherman/4-traits-separate-entrepreneurs-from-wannabes.html

Scott F. Soape

Sunday, January 5, 2014

A New Career for the New Year!

Whether you are looking to make a complete change in careers this year or just wanting to add a little extra income, I hope you will consider my complete commercial debt resolution Business Plan System.

My program will show you how to quickly and easily start earning substantial fees in this profession.  Hundreds of these cases arise daily across the country and I explain exactly how and where to find them.

Your relatively small investment in my material can be more than recouped in your first successful settlement within a few short weeks.  I encourage you to shop around for a better deal (none exist) and to contact my office with any specific questions or concerns before you invest.

Make 2014 your Best Year EVER by starting a new career (part-time or full-time) as a professional commercial debt negotiator!

Scott F. Soape

Monday, December 30, 2013

Happy New Year!

Wishing everyone a Happy, Healthy and Profitable New Year!  Make 2014 your best year ever!

Scott F. Soape

Thursday, December 5, 2013

More Repeat Business

I have mentioned the importance of repeat business several times before in previous entries here as well as in my commercial debt resolution Business Plan System.  The most important part of gaining repeat business is ASKING.

Although landing clients is not especially difficult in this profession, it probably entails 50% of your time.  Gathering qualified leads, contacting the principal parties and following up with them until they retain your service takes some time.  Once you have a client it is much easier to simply ASK them if they have other problem debts you can assist with.

As an example, the same client with which I settled the judgment mentioned in my last post had another problem debt that was being pursued by a collection agency.  All I did was ASK my client if he had any other situations he would like me to work.  This case was successfully settled:
,
Debt:             $8,340
Settlement:   $4,670
SAVINGS:    $3,670

Of course, I earned a fair fee for my efforts.

Most clients have more than one problem debt so always ASK for more business.  You're already half way to earning another fee!

Scott F. Soape

Monday, November 11, 2013

Judgment Settlements

Every type of business debt is eligible for our settlement service, including judgments.

Monetary judgments are awarded to plaintiffs (creditors) if the defendant (debtor) either fails to prove their case or simply does not respond to a lawsuit.  These judgments can provide additional avenues for creditors to collect on the amounts awarded but they do not guarantee payment.  Additionally, creditors still face the extra time, effort and expense of tracking down debtor assets.  This means these creditors are often willing to accept less.

As an example, I just finalized a successful settlement on a judgment.  My client had a judgment issued against his company for $20,646.86.  Although I did not have access to the details, this amount probably included the principal debt plus attorney's fees, court costs and back interest.  I was able to convince the judgment owner company to accept a discounted settlement of $12,000 on a payment plan of $1,000 per month:

Judgment:    $20,646.86
Settlement:  $12,000.00
SAVINGS:   $  8,646.86

As usual, all parties were pleased with the outcome and I earned a handsome fee for my efforts.

Be sure to check your local jurisdictions for judgments issued against businesses.  I think you will find both sides responsive to your risk free offer of negotiating a settlement.

Scott F. Soape

Sunday, October 27, 2013

Another Successful Settlement

Just last week, I finalized an extremely favorable settlement for a client. A commercial creditor had filed a lawsuit claiming over $11,300 to be due from a sign company (my client). They were also seeking over $3,700 in attorney's fees along with a couple hundred dollars for court costs.

I was able to negotiate this entire claim down to a lump-sum payment of just $1,500... saving my client more than $13,800.
As with all cases, this one had some specific considerations that impacted the final settlement amount. In the end, though, both parties found the settlement to be acceptable and the lawsuit is being dismissed with prejudice (which means it cannot be pursued in court again).


All parties benefited from this settlement, including myself with a nice fee earned for my skilled negotiations.  My program material provides all the information needed for anyone to do the same.

Scott F. Soape

Friday, October 18, 2013

A Busy Time of Year!

This is usually a very busy time of year as companies scramble to collect payment of past due receivables before year end.  You will probably notice an increase in lawsuits from now until mid December (when things slow down a bit for the holidays).

I encourage you to "make hay while the sun shines" and hustle to land as many cases as you can comfortably work during this busy time.

Scott F. Soape