Negotiation Skills Training Workshops
With
over twenty-five years of proven industry experience, the
Negotiations
Training Institute of America is the recognized leader in negotiations
training, consulting and performance coaching. Through public open
enrollment workshops and private on-session training sessions, we
have helped leading corporations, non-profit organizations and governmental
agencies improve their ability to
negotiate
better outcomes for their constituencies.
First-time
negotiators as well as those with the greatest
competitive
drive and amount of first-hand experience and
negotiations
wisdom can benefit from our time-tested workshops. Whether focusing
on
negotiating
a contract with a vendor or jumping in to the often-stressful
car buying process to
deal
with a dealership, our classes provide useful skills, proven techniques
and various classroom role plays to help you
become
more aware of negotiations that you must face on a daily basis.
For more information on our negotiation skills training workshops please
contact us.
Negotiations
Training
When
Your Debt Catches Up with You:
Settling with Creditors
on Your Debt
College students
are notorious for getting roped in by credit card companies who
dangle
attractive
offers of easy credit when money is a scarce resource. Status-oriented
individuals are often finding themselves
buying
more car or house than they can truly afford just to keep up
with the Joneses. Graduate students lean on student loans to help
pay for expensive but valuable graduate degrees. Even those of us
with
the
greatest intentions can suddenly find ourselves buried in a
mountain of debt. What once seemed manageable can slowly turn into
an apparently insurmountable level of debt that
needs
to be resolved.
Many people
turn to debt settlement to
resolve
those situations when they simply can't keep up with all the
debt they've accumulated over the years. Some creditors, realizing
that getting something is
better
than nothing, will even settle for 50% of owed funds via lump-sump
payments. Unfortunately, far too many people are not aware that
they can work directly with their creditors to resolve these
difficult
issues. Before venturing down this path, it helps to know a
few
tips
on negotiating a debt settlement.
* Determine
if you will use a Professional
Debt
Negotiator - Some people would rather not go through this process
without an experienced "counselor" to provide assistance.
Professional negotiators
and arbitrators are available to provide this service. Before deciding
to use one, find out fees and terms. Many debt consolidation companies
will be able to work with you to set up a
payment
plan with creditors.
* Determine
which Debts to Settle - Higher interest loans should be settled
first. Many will opt to settle credit card debt before settling
school loans which tend to have lower rates. Others will opt to
settle those amounts that make the
biggest
financial impact on monthly cash flow. A small $30.00/month
payment is not worth settling next to a $450.00/month car payment.
* Do You Have
Funds Available? - Take a good look at what funds you have at your
disposal to be able to make lump-sum payments. If you have a reasonable
amount of liquidity, lump-sump settlements may make
the
most sense. If you are not that liquid, focus on setting up
payment plans.
* Realize that
Some Creditors Will Report You - You should understand that some
creditors will report you to Equifax and other credit reporting
agencies once you've settled. There are times when this is simply
unavoidable but is preferred to the anguish that accompanies having
too much debt.
* Good Will
Does Count - The fact that you have contacted your creditor will
go a long way in helping you
resolve
your situation. Creditors are usually willing to work out a
solution that will, in the end, benefit both sides.
* Bankruptcy
is the Last Option - Bankruptcy should always be the last option.
Always try to
negotiate
a difficult situation first. While some think that bankruptcy
offers the easy way out, the long-term effects on your credit and
financial history are, for many people, not worth it.
For Negotiation
Skills Seminar information please
contact
us.
Related:
Negotiation Course
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