mailada.info

Debt settlement is the most fruitful way of gaining rebate in the total amount of the debt. This makes the debtor very comfortable to cope up with the remaining amount of the debt. In debt settlement, a negotiation is done with the creditor. He is made to understand the various reasons why the debtor is unable to pay the amount on time. A successful debt negotiation provides rebate of a good level.

A negotiator must be confident about the content which he is going to present in front of the creditor. He must be aware of all the terminologies used in financial industry. Although, this thing can be done by the debtors himself but there are various parameters which a negotiator must have with him. In the absence of these parameters one can miss a great chance of gaining rebate in the amount.

The DIY Debt Negotiation is a very good thing because it makes the debtor self dependent. For this purpose, the debtor should be aware of all the things which are taking place in the case, and then only he can negotiate with the creditor for debt settlement. He debtor must try to build up strong communication skills, effective negotiation skills, impressive descriptive skills, good grasping power of the matter and the most important part is to develop soft skills.

It always recommended that the debt settlement process must be carried on in a very polite manner. For a successful DIY debt negotiation, one should not lose his heart if doesn’t get success as expected rather he should try at some higher level. Doing it, definitely it will make the debtor successful in the debt negotiation.
Although, there are various institutions available in the market, they provide a very supportive hand to the debtor for gaining maximum benefit from debt negotiation.

As the debtor he may not be that much experienced and skilled. So for a debtor it always more of a risky task to carry on the entire process himself. That is only the reason; most of the debtors tend to take help from such kind of professionals. But before making any decision for the organization, its credibility should be checked out.

Halloween is a one hundred per cent pagan celebration which is held on the 31st of October. This is the night or day when the ghosts leave their tombs and come to haunt the living people. This is the biggest celebration of Satan’s servants: wizards or Satanists. The Americans took advantage of this celebration, which was imported in their country, and transformed it into a real industry.

All people purchase all kinds of sinister accessories on this day. They buy masks, vampire costumes, devil costumes, they turn into dragons, zombies, skeletons and they also buy a lot of pumpkins which they chop, the Americans selling accessories of over half a billion every year.

All the other elements have to do with more spiritual aspects. Witches decorate their homes, they decorate their courtyards, they keep occult meetings, they predict the future and so on. Last but not least, they bring gifts to Satan, both for the present and for the future, therefore, violence and sin could never be more exploited.

The American people prepare themselves for Halloween more than they do when Christmas or Easter comes. Kids dress up in different horror characters, they scare other people and trick-or-treat for cookies around people’s homes. The braver ones go to the cemetery at night and have fun doing all sorts of occult things and rituals. It has been noticed that the number of crimes in the United States of America is usually larger on Halloween. In fact, eighty per cent of the kids who are fond of Halloween claim that they would like to spend their Halloween killing someone.

Just when you think you have a pretty good grasp of the negotiating process, and after you have been through enough “deals” to gain a comfort level at the negotiating table, along comes one more surprise gambit or tactic employed by the other party. Unless you recognize this one for what it is, it can cost you dearly. I fondly refer to this tactic as “the clock!”

One of the most memorable times this tactic was used against me, I had just arrived in Mexico with the top level management team of the company that I then represented. We had flown in to sign the agreements I had negotiated, and to attend a dinner party to celebrate a joint venture between two highly recognized companies — one from the US and one from Mexico. At that time, I was an employee of the US company and the most junior member of the management group on site to execute the agreements. This was the first time I had been given complete responsibility to negotiate a complete “deal,” and being at the lowest level of the team just added another element of pressure.

As we entered the airport, I was called aside by the VP of Finance of the Mexican company, and was then whisked away to a meeting to discuss “one minor issue” before executing the agreements and proceeding to the dinner party to celebrate the successful “conclusion of the deal.” As it was then only about 4:00 pm, and the dinner party was scheduled to begin at 8:30 pm, I was not concerned about resolving “one minor issue.”

The “minor issue” resulted from a breakdown in communication between one member of my team and one member of the Mexican team relating to a financial schedule that was sent, but supposedly never received. It was not the schedule per se that was the core issue, but it provided the VP of Finance the opportunity to use the issue to open the door to renegotiate one aspect of the joint venture agreement.

As it turned out, the VP of Finance had never supported the joint venture and was looking for a way to gain more financial control over the venture. We ended up talking, reasoning and negotiating until just after 4:00 am the next morning when we finally resolved the “minor issue.” Later, I was told that the rest of the people from both companies ate a very quiet, tense dinner in an atmosphere of “gloom and doom.” As for all of the negotiators, we did not eat until the next morning when the revised contracts were delivered to the “celebratory” breakfast meeting about 10:00 am.

Needless to say, the VP of Finance of the Mexican company recognized that he had everyone in place on “his turf” with the expectation that the “deal” was done, and therefore, he had the perfect setting to extract one more concession from us — the other party. As it turned out, the final concession never compromised the working relationship between the parties, but it was a painful twelve hour session for me especially as I had to keep in mind that the clock was “ticking” in the background and I needed to get the “deal” done before we departed the next day.

Another situation that arose many times resulted from my frequent trips to Japan during the 70′s and 80′s to negotiate a series of license agreements. In many case, the Japanese company would greet me at the airport and deliver me to my hotel so that I could relax before dinner. During the two hour trip in from the airport, my host typically would offer to assist in reconfirming my return flight. During that time frame, most overseas flights required reconfirmation by phone at least 48 hours prior to departure.

Most of the time, I would plan three or four days in Japan as I anticipated spending two or three long days at the negotiating table where a significant number of items could be resolved. Usually, I found myself meeting with the host company for the entire time, but what I did not recognize at first was that the real negotiations did not take place until the last meeting prior to my departure when only a few hours remained.

It was not until this situation occurred several times, that I finally figured out that “the clock” had become a major player at the negotiating table. Once the “light came on,” and I recognized the tactic, I always left my return ticket “open,” and so advised the host company as soon as I arrived. My new tactic was to remain in Japan “until the parties had reached a mutually satisfactory agreement.” Not surprisingly, by eliminating “the clock,” negotiations began after dinner the first evening and continued throughout each day until I departed.

Lessons Learned: Do not let arbitrary deadlines affect your negotiations. Also be careful not to let the fact that you are on the other party’s turf work against you.