killmicrosoft
25-06-2009, 11:29 PM
interesting remarks from Phil Stone - Insolvency Consultancy
Hi There
My name is Phil Stone and I am a totally independent debt and insolvency consultant. My sole objective is to assist my clients avoid the financial catastrophe of bankruptcy.
I have no links of any sort with any professionals or institutions. I act solely in my client's best interests to help them permanently resolve their debt problems with a minimum of impact on themselves, their families, their businesses and their lifestyles.
I have been helping people resolve serious debt issues since 1994. In particular, I specialise is assisting the owners of small businesses, sole traders, the self-employed and the directors of small limited companies.
11 years ago I created IDC - The Independent Debt Consultancy – renowned around the country for its ability to solve debt problems quickly, cost-efficiently and permanently.
9 Years ago I created the Bankruptcy Advice Centre, - a nationally known non-profit making advice service for those:-
*
considering bankruptcy,
*
threatened with bankruptcy and
*
those who are already bankrupt.
I now publish the monthly "Bankruptcy News", an up to the minute source of information on bankruptcy.
Distributed either by post or e-mail, if you would like to be added to the mailing list please call Abi on 01273 615295
The editorial section of each issue is is posted on this site.
To resolve serious debt problems I can immediately call on the services of panels of:-
* insolvency practitioners,
* accountants,
* solicitors,
* bailiff intermediaries
*
adverse lenders,
*
suppliers of specialised business finance
*
negotiation specialists.
Unsecured bank loans, credit card debts etc. can be regarded as a very low priority. In their absolute greed, the banks have lent vast amounts of money with scant regard to the borrower's ability to repay. Most are very careful not to damage the feel good factor by instigating aggressive collection procedures. You will note the television programs detailing the action of bailiffs that have upset a lot of people are connected only with the non payment of fines, parking tickets and council tax.
Debt Collectors
If the debtor is not a home-owner most banks will rely on commercial debt collectors. These odious organisations will bombard the debtor with meaningless threatening letters (e.g. Mr. C. Green will be visiting you at 8PM – rubbish – he does not exist) and endless telephone calls (expect up to 20 per day from each creditor). The letters can be dealt with by throwing them away unopened and the telephone calls by changing your telephone number. If you are determined to keep your existing telephone number these calls should always be answered with the simple word “NO”. Never admit your name, telephone number, age or anything else. When the debt collector calls just say “NO”. Given this treatment most debt collectors will return the debt to the bank as uncollectable. This cycle will repeat itself several times until the debt is finally written off.
Hi There
My name is Phil Stone and I am a totally independent debt and insolvency consultant. My sole objective is to assist my clients avoid the financial catastrophe of bankruptcy.
I have no links of any sort with any professionals or institutions. I act solely in my client's best interests to help them permanently resolve their debt problems with a minimum of impact on themselves, their families, their businesses and their lifestyles.
I have been helping people resolve serious debt issues since 1994. In particular, I specialise is assisting the owners of small businesses, sole traders, the self-employed and the directors of small limited companies.
11 years ago I created IDC - The Independent Debt Consultancy – renowned around the country for its ability to solve debt problems quickly, cost-efficiently and permanently.
9 Years ago I created the Bankruptcy Advice Centre, - a nationally known non-profit making advice service for those:-
*
considering bankruptcy,
*
threatened with bankruptcy and
*
those who are already bankrupt.
I now publish the monthly "Bankruptcy News", an up to the minute source of information on bankruptcy.
Distributed either by post or e-mail, if you would like to be added to the mailing list please call Abi on 01273 615295
The editorial section of each issue is is posted on this site.
To resolve serious debt problems I can immediately call on the services of panels of:-
* insolvency practitioners,
* accountants,
* solicitors,
* bailiff intermediaries
*
adverse lenders,
*
suppliers of specialised business finance
*
negotiation specialists.
Unsecured bank loans, credit card debts etc. can be regarded as a very low priority. In their absolute greed, the banks have lent vast amounts of money with scant regard to the borrower's ability to repay. Most are very careful not to damage the feel good factor by instigating aggressive collection procedures. You will note the television programs detailing the action of bailiffs that have upset a lot of people are connected only with the non payment of fines, parking tickets and council tax.
Debt Collectors
If the debtor is not a home-owner most banks will rely on commercial debt collectors. These odious organisations will bombard the debtor with meaningless threatening letters (e.g. Mr. C. Green will be visiting you at 8PM – rubbish – he does not exist) and endless telephone calls (expect up to 20 per day from each creditor). The letters can be dealt with by throwing them away unopened and the telephone calls by changing your telephone number. If you are determined to keep your existing telephone number these calls should always be answered with the simple word “NO”. Never admit your name, telephone number, age or anything else. When the debt collector calls just say “NO”. Given this treatment most debt collectors will return the debt to the bank as uncollectable. This cycle will repeat itself several times until the debt is finally written off.