Tool #4 - Bankruptcy or Foreclosure Alternative
Until 2007, we held this tool very closely because we considered it a "secret weapon" of sorts. Though it is truly a "specialty tool" for use only in a few specific situations, you can hit a Home Run if you have this tool available when you really need it.
Occassionally, you will have clients who are "upside down" in their home. Up to their necks in debt and with badly bruised credit, they are not going to purchase another home anytime soon. In these and other similar situations, we have successfully used a combination of Debt Arbitration followed immediately by Credit Repair to get such pre-bankruptcy clients back into the home buying world within a year. In most cases, placing the clients into a rental or a lease-option situation was the perfect short-term solution while we arbitrated debt and repaired credit. You can get a complimentary Debt Arbitration Quote through our affiliate site, U.S. Credit Academy, anytime.
 |