August 18, 2008
How to Avoid Bankruptcy
This article is personal and I've never shared this about bankruptcy before
I almost didn't post this for the world to see.
It contains information about my past that I used to find highly embarrassing.
Now I am more interested in sharing with you, so you can learn from my mistakes even at the cost of looking like a fool or, worse, like a crook.
This video reveals
- How I came close to bankruptcy twice
- How one time, I had 40 people suing me
- How I settled with them, and why I settled
- How you can get a chapter 7 discharge instead of a chapter 13 payment plan
- Why you may want to go for a chapter 13 instead
- How 90% of people who file for bankruptcy protection would be better off if they hadn't filed
- Why it is a lot better to settle debts using the Dimes on the Dollar method instead of filing for bankruptcy in most cases
- What the lawyers won't tell you, but should, about bankruptcy
Even if you aren't interested in filing yourself, don't you want to know this stuff so when a family member or client is in deep trouble you can help them make important decisions?
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Remember, I am not a lawyer. I am just some Guy on the Internet. Don't listen to me or anyone else. Research for yourself. Make your own decisions and don't blame me for the consequences. Thanks for listening and watching the video.
talk soon
P.S. My Mortgage Relief Formula course has information in it about how to sell a house, any house, in 9 days, and also about credit card debt settlement and short sale negotiation. It is an essential tookit for you if you are either in the business of real estate, or if you are an investor, or if you are a homeowner in trouble.
You can get it on a 60 day home trial. SImply try it out and decide later if it is right for you. Don't buy it. Just try it out. You have zero risk. I will buy it back from you for every penny you have paid for the course any time in 60 days.
Help yourself and help others. Hundreds of Realtors, real estate investors and homeowners use my info to help themselves, their families and others.
Click here if you want to check out my Mortgage Relief Formula material
And if you want to get some important information on short sales and 9 day house sales and saving your credit and buying with no money and no credit…even settling credit card debts for a dime on the dollar…
Please watch this video on short sales and foreclosures. This is a screen shot — just type in your email and I'll get you to the real video. It's geared to homeowners and Realtors who want to know everything they can about short sales. And it is the tip the iceberg…
2 Comments on How to Avoid Bankruptcy »
August 18, 2008
Bob Taigen @ 8:51 am:
HI RICHARD, FIRST OFF, THANKYOU FOR ALL YOUR DAILY EMAILS, THEY DO SHED HOPE ON A GRIM LOOKING SITUATION I ORDERED YOUR COURS A WHILE BACK AND HAVE FOUND IT IS GOOD INFO TO HAVE ON HAND IN MY, AND MANY PEOPLES, SITUATION. I HAVE 4 PROPERTIES THAT ARE IN SHORTSALE STATUS AND HAVE 1 SHORT APPROVED BY THE LENDER TO DATE. THESE ARE ALL HIGH END PROPERTIES IN THE PHOENIX MARKET. I AM EVALUATING MY OTHER RENTAL PROPERTIES TO SEE IF I WANT TO HANG ON TO THEM OR LET THEM GO. I AM TRYING TO AVOID BK BUT MY LAWYER WOULD LIKE ME TO BK, OFCOURSE. A LOT OF TWISTS TO THIS GAME, TAXES, DEFICIENCIES , POSSIBLE SUITES AND JUDGEMENTS. I AM OVERWHELMED. THANKS AGAIN, BOB
Good going, Bob. It sounds like you are making the best of a tough situation. Thanks for your support
warmly
–Richard
Lin @ 5:13 pm:
This is an inspiring video. I always read your emails and I'm glad I took the time to watch this video.
Donald Trump is also in that famous list of people who've filed bankruptcy. What I like about what you teach is it adds to one's financial education in a way that makes any of us like the illustrious heroes above –in other words, bouncing back bigger and better than ever.
In other words, what you teach is bankruptcy (or not) for WINNERS. Gold medal for you!
Lin