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Archive for November, 2009

How to Save Thousands in Overhead Expenses

Icon Written by Victoria Ring on November 29, 2009 – 11:26 pm

Prior to training as a VBA, David Noel had previously achieved success in building a real estate business.  Next, he joined his dad in building a construction business which is still in operation today.  However, even with the level of success David achieved, he was still not satisfied with the type of work he was [...]



Tip: An Alternative to the Means Test

Icon Written by Victoria Ring on November 28, 2009 – 7:50 pm

Question:
I am an attorney and I have a client that makes too much money for standard Chapter 7 even with the Means Test.  I recalled, that if debts are over 50 percent, one does not need to employ the Means Test at all.  Is that correct?
Answer:
According to ehow.com at:
http://www.ehow.com/about_5435991_qualifications-file-chapter-bankruptcy.html
If you don’t qualify for Chapter 7 [...]



Sample Chapter 13 Mortgage Strip Down Training Video Available Online

Icon Written by Victoria Ring on November 27, 2009 – 5:55 pm

-
http://713training.com/chapter13video/ch13_teleconference_sample.html
The information in this video lesson will only be available for a short time.  This is because the Senate could approve the proposed bankruptcy bill at any time.  The materials in the Chapter 13 Training Kit are produced and sold in an effort to arm attorneys with the knowledge they need to KEEP CLIENTS IN [...]



Update on Chapter 13 Training Materials

Icon Written by Victoria Ring on November 25, 2009 – 12:10 pm

UPDATE ON CHAPTER 13 TRAINING MATERIALS
In 2007 I developed the Chapter 13 Workbook and we have sold it from the website for $99.99. However, when I developed the Chapter 13 Seminar Kit, which contains updated 2009 information regarding cram downs and strip downs, the 2007 product caused confusion with customers not understanding the difference.
Therefore, I [...]



Mortgage Cram Downs in Bankruptcy

Icon Written by Victoria Ring on November 21, 2009 – 8:47 pm

Do your part to help save homes across America
As you are aware, homeowners across America continue to suffer from mortgages that are under water.  An example of an underwater mortgage is:  Home is appraised at $300,000 but $500,000 is owed on the first mortgage and $100,000 is owed on the second.
If the bank repossessed the [...]



Questions and Answers from Bankruptcy Professionals

Icon Written by Victoria Ring on November 21, 2009 – 3:31 pm

The following questions and answers were submitted to 713Training.Com either at a teleconference or by email during this past week. The best of the best were chosen to be published below.  The answers are provided by Victoria Ring who is not an attorney.  Therefore, the information provided in this material is for training purposes only [...]



Chapter 13 Concepts Exam Now Available Online

Icon Written by Victoria Ring on November 16, 2009 – 6:11 pm

Price reduced by over 50% due to reduction in overhead expenses
I am happy to report that the Chapter 13 Concepts Exam has made a giant leap into the 21st Century.  It has been redesigned so that students now take the Exam online and receive their final grade immediately.
In the past, a student purchased the exam [...]



New Bankruptcy Law Firm Established

Icon Written by Victoria Ring on November 14, 2009 – 12:24 pm

I am very happy to report that the Law Firm of John H Spurgeon in Pasadena, California has opened a new debtor law bankruptcy practice and will be accepting new clients soon.  Attorney John Spurgeon worked as a Certified Public Accountant for many years before graduating from the California Bar approximately 10 years ago.
Since that [...]



New Email Scam Appearing From Citi Bank

Icon Written by Victoria Ring on November 14, 2009 – 9:27 am

I received the following scam in my email today:
Account: 542418XXXXXXXXXX
As a security measure, we regularly monitor our customers accounts.
In carrying out our monitoring, we have noticed that your account needs further verification in line with current regulations, and we have temporarily restricted your account.
Your Citi card account will be fully reactivated once we receive the [...]



Earn Your Chapter 13 Training Certificate

Icon Written by Victoria Ring on November 9, 2009 – 1:28 am

http://www.713training.com/shop/cart.php?m=product_detail&p=113
CLASS DATES OFFERED:
Wednesday, Nov 18, 2009
Thursday, Nov 19, 2009
Friday, Nov 20, 2009
Sunday, Nov 29, 2009
PRICE: $24.95 (includes Certificate of Completion personalized with your name)
CLASS CONTENT:
This class will answer the following questions:
1.   What is the number one reason most people cannot get their Chapter 13 Plans to balance when a second mortgage has been stripped?
2.   [...]