Tag uae creditors

First, Let It Sink In….

• Take a few Steps backwards and Reflect – If it means distantiating yourself from the reality for a day or two, then just do it!
• Don’t allow yourself to slide into Emotional Turmoil – Avoid saturating your being with Emotional Fear, because what you fear, you focus on and unfortunately it grows beyond measure and will eventually consume you whether it’s good or bad, so take heed.
• Start a regimental Routine of Daily Gratitude – OK, so you think it won’t change the situation? Actually it will and it will change you too, especially the perception of the dire situation that jumped into your mind, when you were made redundant, correct?
• Keep Calm – Learn to master the Art of Meditation to release any resistance that can pile up in your being and that will start building walls that you don’t need right now!
• Focus and gain Clarity – Don’t allow anything or anyone to destroy your peace at any given time during this process.
• How do you recreate your life? – I will tell you, with your Thoughts, Words and Actions, so start being very aware of this, as it has the most powerful outcomes and can be devastating when you find yourself in a dark hole.
• Activate your Plan – Review your current financial situation, your current liabilities and how you can downsize your current lifestyle to accommodate the next 6months of expenses that must be met.
• Opinions are irrelevant – Forget about the people and what they will say, as you are the only one who pays your bills, don’t ever forget that!
• Approach your Creditors – As early as possible and try to negotiate to reduce your monthly payments at least for the next 12months, affording you the opportunity to not only maintain your payments, but also to stay in a ‘Safe Zone’.
• Do your calculations carefully – If you must, then consult with expert Debt Remedial Specialists, who will tender the best experienced advice and it could save you years of aches and pains, as they do this work daily, so they can project the possibilities for your situation.
• Now focus on your Resume – Check if it is updated, check your Social Media Profiles and commit to the time to apply the relevant amendments, so you remain marketable and can confidently apply for new opportunities. During this time you tend to forget about all of your experience, what value you can contribute, because you are only focused on the very bad reality, which, if you change your attitude, it can change in less than 24 hours, but as humans, we never have the ability to comprehend this very important aspect of the Law of Life.
• Once you are ready – Earmark the companies you are interested to join and start approaching them, calling, sending your resume and don’t give up!
• Review your Options – If you want to venture into a new business and you not only have the experience and acumen, but saved investment funding, then realize maybe one door closed so that the other can open and you can actualize your future dreams! You don’t know that until you try and risks are a part of building our dreams!
• Convene a Family Meeting – It is important that all immediate family or your household understands what the current situation is, so that you secure everyone’s undue support and continued love and encouragement. During these times, the support factor is key, because if you are alone it can be tough, but then the only band aid to apply is continuous emergence into self-love, because don’t imagine you will get it from anyone else, because most of the time, when the bucket falls out, you stand alone, so inner strength and faith is key, no matter who you are…
• Gratitude…Gratitude…Gratitude...Is going to be the Golden Key to change your world, don’t believe me, try it for yourself, it’s how I live my life. Start a new routine of Daily Gratitude, get a Journal, write down what you are Grateful for and what you want, hold that vision and believe in what you desire, because when you do, it will have no option but to show up for you!
• Mastery – When you can Master all key components of your life, you have won the battles, sometimes before they begin and find yourself years ahead of anyone else, if you follow these steps.

The Change we seek in our lives, we can find from within ourselves, playing the ‘blaming game’ until our souls and spirits are dead, is the wrong move and will consume you before you even know it! Blame yourself for not accumulating the much reminded of ‘nest egg’ for the inevitable, because we never assume it will happen to us. So taking ownership and responsibility is the first step, embracing that and then moving forward with a new vision, is what will transform you and your situation.

People facing any critical situation, not necessarily debt, it could be the sudden loss of a loved one, a terminal illness, any form of what we consider as ‘Bad News’, the key is not to focus on it, direct your future vision to a more positive path and go with the flow. Nobody said don’t grieve for any loved one who passed, or for a bad situation you find yourself in, because grieving is an essential part of healing, so give yourself the time to heal, because nothing great, spectacular or authentic was derived from any form of negative space.

People ask, ‘How do you get?’ and the sure answer is ‘By Giving more Value than you get, not necessarily monetary’…that is the only Secret…

When you are facing a Debt-Crisis, your constant focus is on the situation, so when you are rather opting to focus on this, you are feeding it, so it grows, until it consumes you and is totally out of control.

In the interim, in all this mayhem, you forgot to take a few steps back, review the situation and ask yourself “How much am I really worth? Is it not worth it to invest in myself, my own well-being and Debt-Recovery?

OR; do you just ignore the situation and proceed with your normal bad habits that resulted in you facing a Debt-Crisis, or simply just live past, because now you are holding whatever money you have to yourself and therefore unknowingly creating ‘Limiting Beliefs’. So guess what? Whatever you are holding in your hand, is all it will ever amount to, nothing more and then you wonder:

a. Why is this happening to me?

b. Why am I stuck?

c. Why is everything coming onto my head at the same time?

Next, anxiety, depression, emotional fear, no zest for life, wanting to throw in the towel and all these negative emotions start consuming your entire being.

But the irony is, you would much rather go off on a weekend and spend more money you don’t have, or do a desperate bout of shopping because it’s your habit and continue spending money that you don’t have…

Remember…..That’s how you became reckless with money in the first place, even taking loans and credit cards, mean’t you had so much money to spend that you had not earned yet, that was not even your own hard earned money and realism is, you must repay the money, refuting ownership and responsibility to show that willingness to your creditors, blaming them for high interest, penalties applied, etc…when you signed the original application with the knowledge that it must be repaid, as per the creditors policies, now appears to be a lame excuse. You are refuting to take responsibility, which in turns means you’re sowing bad seed, so you can only reap bad and debt does not distinguish between anyone, it takes you when it wants you, most times, to teach you a lesson.

A new page means making a concerted decision to invest in yourself, your own well-being, by consulting with your creditor or a reputable remedial company who can fully support you. This is for sure not money lost, if you know whom you are dealing with. However, we are not prone to investing in ourselves, especially if the ‘goods you are purchasing’, which in this instance is a service, so it is perceived to be intangible. Relealize not everyone is operating like a shop on the corner, many are creating huge value by collaboration, rendering sterling services and supporting to transform lives and put people onto a Debt Recovery Path.

My personal experience is that people need to learn to be Grateful, say Thanks when it is necessary and stop beating the old stories that will continue to suppress them, time to turn a new leave, grab that new life that is waiting for you and walk away from the past, but do the right thing!

Gratitude, Appreciation and Thanks will transform your life without you even realizing it! You cannot create new with old, period!

For me, it’s soul destroying when I know that there are thousands of you facing a personal or business debt-crisis, but you’re just not mentally ready to act and find your peace.

My calling is to help you out of the destructive, soul destroying debt situation you have been facing for a very long time, where your attention is diverted to so many directions, except the right one, facing your own dire situation, coming to terms with it and finding the right solution for you.

People like me do something for so long, then they stop, because finally, who is appreciating the reach and doing something about the invaluable advice they tender most times? It’s a grave concern that you are out there, accepting your suffering, humiliation, degradation and the many emotional situations you face in a day, week, or month of the year.

So, there will come a day that I will close my door on this platform and divert my attention to where it is valued and appreciated, and that day is very soon. Therefore, today, my questions to you are listed below and my request is to email me your responses, because maybe I missed something, or I just don’t understand, when in fact I had mentioned numerous times that I have walked the talk, so there is very little you can convince me about.

Most of the time this job is thankless, because debtors whose problems are resolved and they are happy about the outcome, normally walk back into the sunshine with not much gratitude, as they don’t have a dire critical need anymore, so they forget that closing doors is the worst mistake they can make in their lives, but, it always comes back, so here are my questions for today:

1. What makes you not act to resolve your debt crisis?

2. Who are you listening to?

3. How has that turned out for you?

4. If you’re hiding, why do you think there is no solution for you, besides no longer having an income to serve that debt you must repay?

5. What is the worst mental state you are in or have experienced that makes you sit on the sidelines and watch the world pass, whilst you do nothing and allow despair to consume your being?

6. What is your real hope of saving yourself and getting out of this debt situation?

7. Where do you see yourself 1year from now?

8. What are your future plans?

9. Do you have goals and dreams, or do you just continue to exist?

10. Are you prepared to make more sacrifices and ground-breaking commitments to get out of debt?

11. If your answer was ‘yes’ above, then why have you not acted yet?

12. How can I help you to overcome this situation?

13. Do you think you know everything? The system of debt? The shortcuts? The best solution and exactly where you were a few months ago, or a year? Then why have you not followed your own advice?

14. Are you teachable and willing to learn new tools and techniques to help you?

15. Do you blame your situation on bad luck, your upbringing, creditors are not understanding? Nobody wants to help you? It’s a useless situation?

16. Are you a company owner and if you have lost, do you really think you are doomed right now with no hope to recreate your losses? If so, why?

17. What can I do to make you act? Humour me, because there is very little that will convince me at this stage?

18. If you’re a follower of my articles, then are you prepared to never read them again? If so, why?

19. Dire debt normally emotionally dehumanizes an individual in many aspects of their being, so what are the changes you wish to see in yourself in the future?

The outcome of these questions, normally drives an individual facing a debt crisis to search from within and that is the intention, because the mindset right now has lost the capability of probing and deriving at core truths and so it is my wish that the answers you give yourself, are onus to you, that you connect with them emotionally, because the key of the answers, is to direct your thoughts to upliftment, regaining some form of hope and positivity, which normally results in inspiration setting in, even minimal, but it fosters transformation and my request to you is to journal these answers, read them many times over and then take the needful actions you feel from within.

Helping someone in debt to take one step forward is the most difficult task, long before you get to convince them of the solution for their situation and most of the time, nobody has asked you all of these questions, so I hope it helped you today.

Barack Obama once quoted:

“CHANGE WILL NOT COME IF WE WAIT FOR SOME OTHER PERSON, OR OTHER TIME.

WE ARE THE ONE’S WE’VE BEEN WAITING FOR, WE ARE THE CHANGE THAT WE SEEK…”

You can’t sway like the wind, first being co-operative and then not, because that same tide you’re creating, is negatively inflicting the lives of debtors who are really needing your help. If you want to see real change, then you must collectively start making a real concerted effort to realize that change, because recreating change with old habits is a door stopper!

So, here are a few real changes you need to revisit and apply:

1. If a debtor has presented their entire financial exposure, where they qualify for consolidation and/or restructure, but they’ve told you that right now they can’t meet the full overdues or high pending EMI’s, then I am sure you can make allowances to approve for them to pay a realistic partial overdue EMI and apply remedial to the remaining. Why is it necessary to apply victimizing actions and attitudes, including ego in most instances, just because you can? You don’t think that if you can recoup your organizations assets over a period, that you may just be able to see an improvement that would ensure you of some form of future stability? Or don’t you care? Don’t you assume that one day you could arrive at your office to find out that it is no more?

2. If the debtor has visited your office, met with you, is willing and able by presented commercial statements to meet he’s liabilities and you have done your due diligence and considering remedial, then on the flipside, why is it necessary for your team to continue calling the customer 58times in 20minutes most days?

3. In addition, to bounce their guarantee cheques and file legal action, whilst the case is submitted for review and approval by your management? Why are your systems not updated with this activity whilst the customer is awaiting your feedback? There is no consistency or handover from one months allocation to the next, regardless if you profess that all interactions with customers are recorded, it’s clear the ones where the customer requested help is not, because a remedial request can be pending from 6m to 1year, simply because how many really take an interest except to secure their target, then the same cycle continues with the next collector allocation.

4. Why once the legal action is completed, do you not follow your legal procedures, but instead harass the customer at their workplace, knowing that if your team specifically request to meet with your customer’s HR Manager, that they could be terminated? Am I correct in assuming that you don’t care and that it is irrelevant to you that the customer can lose their employment? So, if you have a good many customers in 1 month that you apply these measures to, how long could you hold onto your job? To be frank I have escalated such instances to senior management with no action or outcome.

5. Why is it that in many cases escalation to senior management is ignored and never actioned? I hear the excuse of being too busy, well, I don’t accept it, not when you are in a position of strength to make a difference and save a life and however much my sentiments have no significance to you because you have no empathy or compassion, then it’s time to do the full circle of the job assigned to you, because it’s not just about targets, or allowing internal power struggles and politics to affect key decisions made for debtors accounts, simply because you don’t like dealing with the remedial company requesting such reviews. We are not here to like anyone, but to build sound relationships to try to restore human faith and lives so everyone can recover, so it’s never personal, neither is what I am writing today.

These examples are not referencing debtors who are intentionally under-handed, rather the sincere debtor who has not only sought your help and was refused, but proceeded to seek alternative help from a remedial company who can review their entire exposure with the sole aim of reducing their DBR in line with their current monthly income, enabling them to service their EMI’s and not default.

I am saturated about customer’s having to hear from creditors as to why they are seeking the help of remedial companies, so let me inform you, here’s why, because if you did your job correctly in the first place, the customers would not have to seek alternative solutions and support out of sheer desperation.

Therefore, remedial is a full circle, it does not only pertain to the norm of consolidations, restructures or buy-outs, but also to the human factor of coping with psychological debt emotional fear, depression, anxiety, anger and also credit mentorship, because they get to understand how to transform themselves, hence, changing their situations where they learn how to emerge from their dark hole and recreate themselves and take ownership and responsibility of their lives in a full circle. It’s a serious issue, where it does not matter if a debtor opts to remain here or skip, even in the latter instance it can also be soul destroying if the debtor has a conscience and I know many have, so the choice some creditors had in the past should be a lesson today, rather to fully support until the debtors situation improves and realize that time is the healer of restoration, the debt was not accumulated overnight, so how come you want an overnight solution right now, when it is impossible?

When people are at your mercy, regardless of whether you assume that the situation was self-inflicted, the fact is that it won’t serve you to continue beating the old drums, rather your job is to save the moment, whilst saving your organization and yourself, because nothing else matters, except that the debtor is willing to repay he’s debt.

I find it very hard to consume when a debtor is offering to pay a partial EMI, where there is no legal action, just he knows that he is expecting income soon, but right now, he is willing to pay what he has in he’s hand, then the creditor refuses, in some cases, the collector will even demand that the creditor ‘go and lend it from someone!’. Really? So that you can achieve your target? The other big issue is demanding and EMI with a promise that once it is paid, the restructure will be processed, where once paid the debtor finds the account is then allocated to a new collector and history starts repeating itself and finally, the debtor faces legal action due to accumulated EMI balances.

When will we learn as human beings that being happy and in peace, also helping others to create that same equilibrium, will serve us all and that we are all on this one planet, supposedly to help each other, but some of us have cocooned ourselves in special aura of ego, that seems to be impenetrable, where those around us are already well trained not to cross that line. Realize that you’re not in an ego cocoon, just a delusional bubble that will burst in its time, then you will stand alone, unable to help yourself, because that’s the law of life.