DEBT RESTR CTURE SOLUTION

Transcription

1 By Greg Jones DEBT RESTR CTURE SOLUTION

2 THE COhLCE, "Debt Restructure" is the "alteration" of the original debt through change of debt ownership (changing creditors), and/or through the change of the price, terms, and conditions of the original debt. "Debt Restructure" is our approach Iti.s the solution In.technical, legal FTC compliant terms: "debt settlement" is the "negotiation" of a debt settlement, whereas "debt re str-ucture" is the "alteration" of original debt through either change of creditor or change of debt terms and conditions

3 EXAMPJ E 0' Will give customer a discount if debt paid in a lump sum Wants discounted price, but needs to pay in low payments over time Because consumers don't have the money to pay in full, their options have been limited to high risk plans in the past

4 SOLUTIO DEBTBU1 ERS (INVESTORS) HELPBRIDGE THE GAP hivestors 1) Creditor accepts discounted offer 2) Investor pays creditor agreed amount in a lump sum 3) Consumer pays back Investor at 40% of original balance

5 DEBT BUYERS<XCHANG E "Debt Buyers Exchange" DEBT BUYERS EXCHANGE Is a web-based technology platform solution for the debt buying marketplace brining creditors, debtors, debt Buyers, and market facilitators together through rapid, open, free market environment, and efficient electronic transactions. Our company (along with some strategic partners) has more than 300 nationally known debt buyers in its rolodex. Additional debt buyers are solicited through national advertising and business development efforts.

6 THE GO DEBT The goal of our Debt Buyer Program is to engage creditors as soon as customers join our program, aggressively solicit discounted debt buying offers, and then solicit debt buyers to buy the debt and wait on our customers saving monies in their trust accounts BUYERS EXCHANGE The goal is to get the debt buyer to purchase customer debt immediately, relief customer from creditor debt collections calls, reduce any creditor legal action risk, and guarantee our I customers 40 cents on the dollar settlement. It is a win-win-win formula. Although we can t guarantee 3rd party commitments, we seek to create a good market activity that benefits all parties. For our affiliates, this means better sales and better customer retention

7 THE PROCESS DEBT Qur "patent pending" Debt Restructure solution takes place in two phases: Phase I "Debtor Restructure Agreement": The debtor agrees to buy back his/her debt from the creditor at 40 cents on the dollar plus debt restructure fees subject to the terms and conditions agreed to by the debtor (e.g. $500 per month for 36 months) Phase II "Creditor Restructure Agreement": The debt buyer agrees to replace the enrolled creditor subject to the terms and conditions of the "Debtor Restructure Agreement" BUYERS EXCHANGE

8 THE PROCESS DEBT Phase II (" Creditor Restructure Agreement" ) process is accomplished in three steps: BUYERS EXCHANGE Step I: As soon as the debtor's debt "charge-off," our system generates a "Systems' Offer" (S-Offer) to the creditor offering to buy the debt immediately at twice what creditors get in the wholesale debt market. Step II: The creditor responds with either approval or a counter-offer which we call "Creditor's Offer" (C-Offer). Step III: We restructure the creditor's offer to incorporate the terms and conditions of the "Debtor Restructure Agreement" and present to a third party debt buyer the "Restructured Offer" (R-Offer).

9 THE PROCESS For example, the R-Offer tells the Debt Buyer the following DEBT BUYERS EXCHANGE "We have a "Seller" (enrolled creditor) willing to sell this debt account for $2,000 cash today, and we have a "Buyer" (enrolled debtor) willing to buy this debt account for $4,000in payments of $100 per month over a period of 40 months Yo.ur (Debt Buyer' s) ROI-Return On Investment-is 100% and annual return on investment is 48%. Do you accept?" If the debt buyer accepts the Restructured Offer, we generate a "Creditor Restructure Agreement."

10 PRODUCT LAYOUTANDMEATURES Debt Restructure Debt Buyer OPTIONAL Legal Customer Advanced Program Package Service Software Reduces timeframe to payoff debt Enhances program Covers 3 Toll-Free Debtor Goal to effectiveness by summonses Bankruptcy Cusromer Counselor sales Purchase Bad denying creditor a included, in the portal Debt in first 6 or legal events Service Une 15 months quick and easy event chent cannot complete judgem ent program Easyto use Reduces risk of ACCELERATES 24/7 online Online Legal Action COMMISIONS Fully Refundable if Customer Customer chent completes service Portal Reduces amount of program late payments on clients credit report

11 THE 41 REASON WHY THIS IS THE PROGRAM OF THE FUTURE.. LEGAL PACKAGE- This gives the client TRUE Attorney representation DEBT BUYER PROGRAM- This allows accelerated RESULTS for the client LOWEST PAYOFF PROJECTIONS "Bad Debt" is purchased by investors every day ADVANCED SOFTWARE- This easy to use web-based application for customers to track their program.

12 THE LEGAL RROSECTION PREMIUM Debt Defense Shield Legal Package This is a pre-paid legal package that will retain an actual attorney in the consumers home state to protect them in response to a summons. The legal package enhances the program terms by denying the creditor a "quick and easy judgment" This pack-age also covers a Bankruptcy if needed. Covers up to 3 legal events. This is an optional add on for the customer, and can be paid for all at once, or over up to 6 months. If customer completes the Debt Restructure program, the package cost is refunded to customer.

13 FEDERAL FAIR DEBT COLLECTION PRACTICES ACTS. ATTORNEY", to represent our clients in the matter of defending against creditor collection actions, including potentially filing suit on claims for violation of the Federal Fair Debt Collection Practices Acts. Our clients have the peace of mind that any harassment will be taken care of efficiently and professionally. Our clients have the potential to earn $500 every time a creditor violates the FDCPA.

14 THE SOFJ'WARE "Debtor Tracker" is a web based software application that tracks the debtor' s files, creditor and debt buyer offers and counter-offers, and trust account money management with NoteWorld. It also allows the debtor to submit and accept creditor and debt buyer offers electronically and to generate legally binding electronic contracts. / "Debtor Soft" is a web based debt management software platform system bringing debtors, creditors, debt buyers, market facilitators, counselors, attorneys, and debt service providers together in a single and integrated platform."debtor Soft" integrates several software applications offering an efficient systems solution DEBTORSOFT

15 AFFILIATE 15EO Because we provid immediate relief, legal protection, and24/7debtmanagementfor our customers, our afliliates closing rates are more than 88~o higher than with 25 trachtional or attorney based debt setdement programs. 20 HIGHER CLOSING RATIO'S BETTER PRODUCT TO SELL Traditional DS 10 Debt 2.0 Closed Deals Clo s ed Deals

16 AFFILIATE 15EO EASY TO NAVIGATE CRM FOR REPS Our Debtor Consult system keeps your sales agents focused on the task at hand, while giving them valuable information about the customer's savings.. It follows a simple step-by-step process. The system also allows a sales agent to generate a contract WITH OUT having to gather sensitive customer information like SSN or bank account info. Paperless system all files are generated through E signatur-es. Perfect for call centers.

17 FTC compliant NoteWorld approved NoteWorld (Immediate 8 Direct) Disbursement NoteWorld Reporter access (full reports) 24/7 cash flow reporting Cash advance to affiliate Faster pay of debt resolution fees (debt restructure or settlement) Unique and competitive solution (patent pending) Disclosures Positive Negative No Power of Attorney (attorney general headache and risk) No Loopholes product Lower Acquisition Cost Higher Debt counseling closing rates Higher Short and long term retention rates NO Loss of Signup due to Face 2 Face process

18 CREDIT REPAIR AFFILIATE Personalized Not Computerized Credit Repair Done Right.

19 HOW DOES CREDIT REPAIR WORK? negative marks for hundreds of clients including: H Coilections v Repossessions H Late Payments H Judgements/Leins v Charge Offs v Foreclosures Have you ever heard of the FCRA'? This is the law that protects consumers from having errors on their credit report. It basically states that each item on a report must meet 3 criteria: 1 100% Accurate 100% Verifiable Report Timely W Bankruptcies H Identity Theft/Frauds A Inquires v I ncorrect Personal Information Sounds Good, RIGHT??? So why is it that The national consumer law center revealed that more than 79% of credit re orts contain ERRORS!

20 HOW ARE WE BETTER THAN OUR COMPETITION? Our personalized EXPERT service separates us from our competition! (s k '~ Holistic Strategy: ill Mfhy We' re Better! A P ersonalized Credit Repair H 'We help you to establish New Creditl vtql Trade Lines Unsecured Credit Cards Secured Credit Card ~ identity Theft Protection We represent our clients to reduce or eliminate all + Trustedl 0' negative information that may not be fully with the laws, rules, and regulations. We Educate our clients on how NOT to make the same mistakes We Consult our clients on how to MAXIMIZE their score. 7 OTA L VICLI L A N C E A 10 0% client satisfaction CREDIT REPAIR COMPANY By dozens of review sites!

21 WHO NEEDS CREDIT REPAIR~ > Consumers who are planning on purchasing a home! > Someone trying to Refinance their mortgage. > Consumers recovering from bankruptcy gl > Consumers that are trying to buy a new car > Victims of Identity Theft > Consumers with Errors on their credit report

22 HOW DOWOS GET PAID~ DIRECT DEPOSIT via NoteWorld Servicing Center ~ Get your commission directly deposited in your bank account 5-7 business days after clients payment is paid! All you need to do is submit an approved enrollment >Client Agreement >3-in-1 Credit Report > Identification > Drivers License Socia I Security Card Utility Bill

23 GET STARTED - TURN KE YOU SIGN THEM UP WE DO THE REST. W will provide you all the necessary tools and training needed to get the best results! E-Si nature Access + Sign up the client online! Seri ts Trainin + Basic Advanced -- c

24 BANKRUPTCY Bankruptcy Over 1 million bankruptcies are filed each year in the U.S. Chapter 7, also known as a "liquidation" bankruptcy, is a bankruptcy procedure designed to instantly erase your debt Chapter 13 bankruptcy filing is different from Chapter 7 because it does not completely eliminate your debt. Instead, it provides you with the opportunity to pay your debts over an extended time period

25 ADVANTAGES OF CHAPTER 7 BANKRUPTCY Place an automatic stay on the property to stop immediate foreclosure Eliminate Unsecured Debt, Keep your home 8 car, Stop harassing calls from creditors.

26 ADVANTAGES OF CHAPTER 13 BANKRPUTCY Stop foreclosure! elimination of your 2nd mortgage! Affordable payment workout plan! The ability to retain your home! This program pays out in the first month

27 BUSINESS CASH AD>ANCE x 3 times their monthly Credit card receipts x Simple qualification process x 24 hour approval x No collateral no interest to pay back. x Help your local businesses in this down economy.

28 BONUS~RODU T x EVENT DANGO x Set up local wellness events x 15 person minimum x Subway and other well known brands "Our goal is to bring wellness into every organization and assist each business in developing a wellness initiative that will be effective for them Earning potential of $50 per event 500 for 10 events

29 UPCOMI> GP ROD UCT x Tax Liability program x 2nd Mortgage Restructure x Auto Modifications

30 CONTACT INFO Please Contact Greg Jones or the account exec that invited you to this call.. Greg Jones x720 Cel I onesindustries mail.corn Skype gregjones1