This Is The
VIDEO: THE 30-60 DAY RULE:
Mass layoffs [ Job Separations] are spreading like the flu virus. Many Americans are losing their jobs (for the first time). Upper, Middle and Working-Class U.S. don’t have any clue of what to do, with their massive amounts of debt, while Unemployed. DEBT WARRIORS™ to the rescue 
The Bureau of Labor Statistics, reports Job Separation [Unemployment] Rates as high as 8.8% in States like Rhode Island. States like; Michigan (8.7%), California (7.7%), Ohio (7.2%), and Nevada 7.3%) have been hit much harder by the Unemployment Virus.
What should you know about Debt if you’re Unemployed?
Watch as DEBT WARRIORS™, Kasondra Weeks, explains the 30-to 60 Day rule: Also learn about “Assigned Debt” VS. “Sold Debt” in this CREDIT BOOTCAMP VIDEO. It’s Do It Yourself Debt Intelligence at it’s best!
Be PREPARED, NEVER SCARED! That’s the DEBT WARRIORS Cadence. A few days after you miss your first payment on a Debt, you’ll start to get courtesy calls regarding your account. At this point, (usually) the account is still with the 1st Party Creditor.
Debt Collectors Are Rude!
AFTER 30 DAYS OF NON-PAYMENT, the 1st Party Creditor will send the Account to their internal collections office. The 1st Party has the right to chase the 2nd Party Debtor, for the money the 2nd Party owes TO THE 1st Party Creditor.These people are NOT very nice when they call. You don’t have to be either.
AFTER 60 DAYS, the 1st Party Creditor may “Assign” the Debt to a 3rd Party Debt Collections Terrorist to coax and cajole you into paying the ‘Past Due Balance’. If they can’t threaten you to pay the amount they’ll try to talk you out of a “Good-Faith Payment”. This is done to restart the clock on the Statue of Limitations for the account.
IF THE DEBT IS ASSIGNED, after 90-180 days of non-payment, the 3rd Party Debt Collector will send the Debt back to the 1st Party Creditor. The 1st Party will then decide if they should; Write-off the account (and get a Tax Break) or sell the Debt or a combination of the two options.
DEBT WARRIORS ARSENAL™
But you have MORE OPTIONS even If you’re Unemployed, now is the time to learn the process of Debt Settlement. Maybe you can’t afford to settle your debt right now. We understand. Like my Dad used to say, you can’t take money from someone who doesn’t have it. You can, discover what must be done, to protect AND equip yourself with the DEBT INTELLIGENCE to WIN your WAR ON DEBT.
IF THE DEBT IS SOLD, you’ve got MANY MORE OPTIONS! We explain all of your options for Do It Yourself Debt Settlement in the DEBT WARRIORS ARSENAL™.
In 5 easy to understand Video Courses, Forms and Work-Sheets [OPERATIONS], you’ll receive the Debt Settlement, Budgeting and negotiations skills that Professional Debt Counselors, Bankruptcy Law Firms and Debt Consolidators use.
Start for free, today, by watching our CREDIT BOOT-CAMP VIDEOS. They are free and on Demand. To attend CREDIT BOOT-CAMP, [FREE] click here
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