Professional Help For Negotiating With Creditors
May 14, 2008
by Lester Rennard
If you are facing difficulties keeping up with your debt servicing obligations, your strategy should be proactive rather than reactive and defensive. As difficult as it may be, resist the temptation to go into denial. Contact your creditors to discuss your financial difficulties and explore payment and settlement options before your accounts go into default.
If you are weighed down by debts and are unable to dig yourself out, you may wish to talk with a legitimate credit counseling service to seek help for managing your debts. Most creditors will welcome and be supportive of your proactive attempts and good faith efforts to exploring with them for solutions to your debt payment difficulties.
If you fail to initiate contact with your creditor such as your mortgage loan servicer or credit card issuer when you are unable to make payment, you will be hearing from their collections department. In many instances, a contact initiated by the collections department may force you on the defensive. Under such circumstances, your response may tend to be reactive. Some collection agents may take an aggressive and confrontational approach in their attempts to collect from you. Their goal is to collect and some do unfortunately border on being rude and discourteous to their customers.
If you find it difficult talking with your creditors and need help negotiating for options and solutions to specific debt obligations including money judgments, I might be able to help with selective cases. As a professional mediator, arbitrator and Harvard Law School trained negotiator, I have the background, knowledge and experience to consult and assist in resolving disputes and also in negotiating win-win options for debt settlement and other related debt issues on your behalf.
You may use the ‘contact‘ form above to contact me or you may do so by using the email address or telephone number listed under that section.
