Debt Elimination Success Seminar
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Section 1
A Look at Debt
History of Debt
Credit Card History
Current State of Debt
How You Got Into Debt
Good Debt Bad Debt
Business vs. Personal Debt
Section 2 Dealing With Your Money
The Two Step Plan
Doing The Two-Step
Step One
Step Two
The Paths Out of Debt
1- Create a Debt Payment Plan
2- Neogtiate Better Rates & Terms
a.Consolidation Loans
b.Consumer Credit Counseling Services
3- Negotiate Lump-Sum Settlements
4- Bankruptcy
5- The Easy Way
6- Win $1,000,000
Living Debt-Free
Manage Your Money
Make More Money
Save Money
SameMoney-MoreFun
Stay Debt-Free
You as a Business
Section 3 Dealing With Your Creditors
Alerts/Scams
The Credit Industry
Credit Industry
The Fine Print
The Secondary Debt Market
The Debt Collection Process
Original Creditor
The Charge-Off
Collection Agency
Legal Problems
Dirty Creditor Tricks
Dealing with Debt Collectors
Dealing with Debt Collectors
Statute of Limitations
Cease and Desist Letter
Section 4
The Credit Report
The Credit Report
Credit Score
Credit Repair
Section 5
Dealing With Yourself
The Critical Factor
The Art of Prosperity
The End of Failure
Prosperity Coaching
Section 6
Kids and Money
Kids and Money
How to Pay for College
Section 7
Debt Information
Bookstore
Debt Facts
Radio Show
Resources
About Us
Privacy Policy
Site Map
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Debt Negotiation |
Host: Tom Allen
Guest: Colemann R. Cassel II from Start Over Today
Segment 2 How StartOverToday.com Works
Tom: I’m Tom Allen, and I hate debt. I invite you to make the decision today to join with me in living a debt-free and prosperous life, and today is the day to start your financial life over, and here to help us is Coleman R. Cassel II, the CEO and financial strategist of StartOverToday.com. Coleman, I’m ready to get out of debt and get a fresh start. Let’s start at the beginning: exactly how does StartOverToday.com work?
Coleman: Anybody can click on StartOverToday.com or call in at 800-251-1991. From there, Tom, you will either get a call back from us, or we’ll answer the phone and you will speak to a friendly financial strategist. From there, we’ll set an appointment time to sit down with you for 35-45 minutes, sometimes an hour, and we’re going to do a needs analysis and a consultation, and look at your whole financial picture and find out what’s in the client’s best interest, what’s going to make you become debt free.
Tom: But what kind of information do I need to have available? Do I need to have all my credit card statements, bank statements, I guess probably as much financial information as I have?
Coleman: Exactly. We want to have anything you can gather, in terms of mortgage rates, interest rates, is it a locked or a fixed, whatever it is, we need to know if we want to find out the best route to take.
Tom: So you are looking for things more than just paying off the credit card bills. You really want a complete financial picture.
Coleman: Yes, because we will encounter crazy things sometimes. If someone’s $30,000 in debt and they are driving a $45,000 SUV and they make $45,000 a year, we need to know! We’ll say, “Hey, does this make sense? Is this the smartest thing to be doing right now? It’s great looking, everybody loves the vehicle, but that’s a $600, $700, $800 payment a month! Let’s cut the fat, and get you down into something that’s more reasonable and practical, so you can get your life back and not have hours on end of not sleeping, and the anxiety and the fear and the pain of debt every night.”
Tom: And in my experience, as bad as the financial part is, it’s really the emotional strain and stress of debt where the real problem lies, because once that stress invades you, it’s very difficult to get rid of unless you make your mind up to make a change in your life. Stress will affect your eating, your sleeping, your relationships with your family, your friends, your employer, your community—it is completely invasive in your life, and that’s why I say, “Stop, take a deep breath, make the decision today to start your life over today.”
Coleman: That stress is going to come out somewhere, it’s got to vent somewhere. So whether you take it out on yourself, your health, or whether you vent it on your wife, your children, your husband, your place of work, your dog—whatever it is, it’s going to come out somewhere.
Tom: Yes. Well, now I know we are not taking a specific example here, but let’s talk about generalities. If most of my debt is in credit card debts, let’s say my car’s either paid off or relatively minor payments, that my house and rent payments are pretty much handled, but what is really eating me up is my credit card. What would you suggest, what does your program do?
Coleman: That’s the kind of unique position that StartOverToday.com has: we don’t have just one program. What we are is a complete financial solutions company. So if somebody comes in and has $40,000 in debt but they have the means to pay something back—they aren’t just trying to get out of their debt by saying, “I did this, but…” We aren’t looking for excuses; we are looking for how to fix this. If somebody has means, we’ll look at something different than someone who doesn’t. But for the most part, if somebody has means to get out of $30,000, $40,000, $50,000 of debt, who can afford a reasonable payment and get their credit back instead of running from it in bankruptcy, we’ll look at a program like debt settlement, where we can get someone out of debt for approximately 50% of what they owe. We can get rid of interest and late payments. We can stop creditor calls and get them in a proactive stance paying about 2/3rds of their monthly minimum payment.
Tom: Okay.
Coleman: And that will go on for between approximately 6-30 months, somewhere in that area.
Tom: Sure, okay.
Coleman: But at the same time, if somebody comes in and says, “Hey, I’m $400,000 in debt, I’m on disability, and I make $300 a month…”
Tom: (laughing) That’s a good case for bankruptcy.
Coleman: Exactly, and that’s what we facilitate. We will send somebody—we have a nationwide solution for all of our clients, regardless of what their problem is. We have somebody that can help you for whatever your situation is. That’s the unique stance we take here, and that’s why I’m so excited to be able to help people. We’re just not selling one particular product or one particular thing: we are actually facilitating a complete decision-making process where we can honestly sit back with the client, do a needs analysis, and say, “Hey, this is the best thing for you.” Because we’ve looked at the full picture and we’ve both agreed that this is what you need to do. And if the client wants to take the stance and wants to do it, we want to facilitate that. If someone’s not serious about getting themselves debt-free, it’s probably not a good idea to call StartOverToday.com!
Tom: (laughing) Okay.
Coleman: Call StartOverTomorrow.com, you know? Because we are here to do business, and we want to get people out of debt today. We want to stop the pain in your life, we want to stop the harassing, we want you to be the person that you are. And if you have this burden on your back, you’re not the person you need to be. No matter how strong a person you are, it’s eating at you somewhere.
Tom: Well Coleman, I’m very impressed with the fact that you are a complete financial services company, because anybody who’s visited IHateDebt.com knows that I’m not a one-size-fits-all kind of guy. I even believe that two people with the exact same financial situation may want to take different paths out of debt because of their personalities or their family situations. Therefore, it is important that you know what your options are, but it’s also important that you know yourself. And then, by merging your personality and your financial situation with the debt-relief options that are before you, then you can make a better match to make sure that you not only get into a program, but that you stay in the program.
Coleman: Exactly. That’s one thing that, will all of our referrals, all of the programs that we help people get into, is that getting out of debt is not an easy program. There are going to be sacrifices, regardless of what it is. Different people have different thresholds and different commitment levels, so if someone can’t say, “You know what, Tom or Coleman? I’m willing to do this, I’m going to follow through, I’m going to make my payments for the next 30 months come hell or high water.” And sometimes that’s what it takes, though we do understand that sometimes things happen.
Tom: In addition to bankruptcy and the debt settlement program, what other kinds of solutions might you have?
Coleman: We refer people nationwide to credit counseling.
Tom: You do? Good, okay.
Coleman: Yes, typically smaller debt people, just because certain creditors won’t negotiate for certain credit amounts, and bankruptcy doesn’t make sense because for the cost of bankruptcy, you could almost pay off those smaller debts. We offer nationwide credit repair. We have nationwide mortgages. We have nationwide tax recovery.
Tom: Oh really?
Coleman: Yes, nationwide student loan consolidations, where we can typically lower somebody’s student loan payments by about 50% of what they are currently paying…
Tom: I guess that would qualify StartOverToday.com as a complete financial services company!
Coleman: Yes, we also do auto loans. A lot of people get these loans and their credit is not that hot, so they get these really poor sub-prime rates. So we are able to knock those down quite a bit.
Tom: And you can find out more information at StartOverToday.com or by calling the toll free number 1-800-251-1991. When we come back, we’re going to be talking about how you can actually motivate and focus yourself on staying in the program until you get the success you deserve. So stay tuned. Coleman R. Cassel II, CEO and financial strategist of StartOverToday.com will be right back. For more information on getting, and of course on staying, out of debt, visit IHateDebt.com. I’m Tom Allen, and I hate debt!
Debt Negotiation
Listen to the I Hate Debt Radio show interview withColemann R. Cassell II from Start Over Today How StartOverToday.com Works
Start Over Today
CareOne Consumer Credit Counseling Services
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