The Finish Line
Some Workouts are a thirty meter sprint. Others are a forty mile hike.
Today I closed a credit card workout that had begun when I was hired for Second Wind. I had beaten the bank down to the lowest value multiple times. The first time was 15%, then 20% and finally closed for 24%. Each time the client was unable to complete the settlement the value increased and took months of negotiations to come back down.
A client does not always have the funds to take care of everything at once and it is good to know your limits. When you are in a long race the need to pace yourself is paramount. Take care of the debts you can handle while the SBA is being attacked and handle the lessor threats as needed and cash flow allows.
The moral of this story is trust your workout specialist. If you trust your professional representation, it won’t matter if it takes a day or a decade, you will get the lowest possible settlement.
Trust us and cross the finish line. The client reduced $52,000 of debt to a $12,000 settlement.
hrv0gn Ppl like you get all the brains. I just get to say thanks for he answer.