713Bankruptcy.Com's Blog

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 doing.  That was until he found the field of virtual bankruptcy assistants and decided to make it his chosen career.

David followed the same path as many beginners to this field.  He purchased the training materials and self-trained himself in the basics of a Chapter 7 bankruptcy petition.  Next, he began spending a great deal of money.  His first expense was $1,500 to have a designer make him a website.  Next, he invested money into designing a company logo (also called: business branding) as well as about $2,000 in printing letterheads, business cards and envelopes.  After making this investment, David finally scheduled his private training with me in Colorado.  That training took place on November 23 and 24, 2009.

During the training session I discovered that David had made several crucial mistakes that cost him several thousand dollars.   This is the reason I decided to write this article and help you avoid some of those same mistakes if you are a beginner to the virtual bankruptcy assistant field.

LESSON NO. 1:  PROBLEMS WITH THE WEBSITE

Copying and Pasting Information From Another Website

When I first reviewed Davids VBA website I noticed he had copied and pasted information from another VBA website.  This is a bad mistake.  All the material on your website should be original.  If you do not know what words to use, just design ONE web page containing your contact information for the time being.  As you learn and advance your knowledge you can add links and information to your website that is a reflection of you and your ability to be unique and different.  Therefore, your website should be continually changing to achieve higher rankings in the search engines.  If a search engine visits your website and finds that no update has been made to the content, your website will appear lower on the search engine list.  To prevent that from happening, update your website as often as you can with new and original information.

A QUICK LESSON IN SEARCH ENGINE RANKINGS

Search engines rarely read Meta Tags any more these days. This is because many web designers placed bogus keywords in their Meta Tags in order to trick the automatic robots controlled by search engines.  Therefore, search engines grew more sophisticated to combat this fraud.  One of those new tools is that search engines can now read the words on your website in order to rank it in the proper category.  This new way of categorizing websites is also helping to combat the criminal act of phishing.

WHAT IS PHISHING?

If you copy and paste information from another website, your website could be suspended while an investigation for phishing is conducted.  Phishing is a criminal act and it is important to understand.  For more information on phishing, visit:

http://en.wikipedia.org/wiki/Phishing

which states in part:

… Phishing is typically carried out by email or instant messaging and it often directs users to enter details at a fake website whose look and feel are almost identical to the legitimate one. Even when using server authentication, it may require tremendous skill to detect that the website is fake.

LESSON NO. 2:  NEVER PUBLISH YOUR PRICES ON YOUR WEBSITE

Most attorneys are not going to take a virtual bankruptcy assistant seriously if they publish their prices on their website.  I have even found some VBA websites that break down their prices based on the number of debts in the bankruptcy petition.  This only cheapens your website and makes you appear as a beginner. Why?  Because a VBA is a service business.  A service business personalizes services for attorneys and debtors, which means that prices should fluctuate from one petition to the next.  If all attorneys are charged the same amount for bankruptcy petitions, your company appears as a paper mill.  If that is okay with you, then continue doing what you are doing.

But if you are not satisfied with the results of your business efforts, start seeking out and patterning your VBA business after successful professionals in the legal field.  Why copy someone who has no experience and is at the same level you may be at?  Instead, you should always be looking for professionals who have more knowledge than you do; people who are more successful in the field.  Learning from successful people is the only way you can obtain success.

To help you start connecting with professionals, join MeetUp and interact with business professionals in your area:  www.meetup.com

Also, go to Google and type in the search words:  attorney legal services

LESSON NO. 3:  NO COST WEB PAGE DEVELOPMENT

Joomla is the web page development tool that major companies (such as Burger King and Microsoft) use to build and maintain their websites.   Joomla is open source software that is free to install and use.  Designers and developers develop modules and templates that you can purchase to enhance your website if you like, but there is a lot of free stuff that is professional also.  The best thing about using Joomla is that you are in total control and updates are done instantaneously.  You NEVER have to pay anyone for web design again and you can get millions of ideas from predesigned templates that you install with a simple click.  Joomla has taken web design to the next level.

To have Joomla installed on your present website, call your web host and ask them if they will install Joomla for you.  If they want you to download Joomla and do the install yourself, feel free to use the company I use: Blue Host at www.bluehost.com.  I pay $6.95 per month for the hosting of all my websites and I clicked a button and Joomla was automatically installed.  This way, Joomla is installed on my server and automatically updated online.  There is nothing to install on my computer and I do not need to be bothered with updates.

What is Joomla?  The best way to find out is to view some free videos to find out more:

Visit: http://www.myjoomlacast.com/
Click on BEGINNERS and select THE 5 MINUTE SITE

The direct link is:
http://myjoomlacast.com/index.php?option=com_content&task=view&id=78&Itemid=98

This information alone could save you literally thousands of dollars.

SUMMARY

Other than the mistakes regarding Davids website, he learned a great deal about the day to day operations of his VBA business while training in Colorado.  I also provided him with resources that he can use to save him time as well as money.  David said that if he had to do it over again, he would recommend the following process to beginners of the VBA field:

1.   Purchase the Complete Bankruptcy Training Kit:
http://www.713training.com/shop/cart.php?m=product_detail&p=59

2.  Schedule Private Training with Victoria Ring:
http://www.713training.com/shop/cart.php?m=product_detail&relate=1&p=98

3.  Start the VBA business with no further investment.

It is interesting to note that before David left Colorado to fly back to California, he already had secured work from a bankruptcy attorney.  The attorney was sending him three petitions by email as soon as he returned.   Where did the attorney find him?  From the NAVBA website at: www.navba.org

CONTACT DAVID NOEL

To find out more about Davids experience and to verify any of this information, visit:
http://www.ebankruptcyassistant.com/

Click on CONTACT US and contact David by phone or email.

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 under the means test, there is one other way to qualify. This occurs if your income is insufficient to pay your debts over a five-year period. Under Chapter 13, you can deduct certain necessary expenses from your average monthly income. What’s left over is your discretionary income, which, when multiplied by 60, is the amount you’d be expected to pay toward your debts. If this amount is less than 25 percent of the total debts that can be discharged in bankruptcy, you fail to qualify for Chapter 13 and are thus able to file under Chapter 7.

Victoria Ring
www.713training.com
www.713attorney.com
www.713bankruptcy.com
www.navba.org

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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 THEIR HOMES and save them money.

Attorneys also increase profits for their law firm because they are paid as much as $1,000.00 to file the necessary paperwork for an Adversary Proceeding.  This additional fee can be incorporated into the Chapter 13 Plan and paid within the first month or so of the filing.  If you are working at the paralegal level and understand how to draft legal documents, the Chapter 13 Training Kit would be excellent for you to use to provide this much needed service to attorneys nationwide.  It is a service that requires knowledge that very few legal personnel have at this time.

ONCE THE LAW CHANGES, THIS INFORMATION COULD BE OBSOLETE

The Bankruptcy Bill allowing bankruptcy judges the power to grant mortgage cram downs and strip downs was passed by the House of Representatives back on March 5, 2009.  However, the bill has not yet been approved by the Senate.  During this period of time, many courts are allowing mortgage cram downs and strip downs as a last resort situation.  In the Chapter 13 Training Kit you will learn how to work to the advantage of the debtor.

Watch the free sample video (no login required):
http://713training.com/chapter13video/ch13_teleconference_sample.html

To Order:
http://713training.com/shop/cart.php?m=product_detail&p=112
or visit, http://713training.com/shop and click on CHAPTER 13

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 have decided to DISCONTINUE the 2007 Chapter 13 Workbook and replace it with the Chapter 13 Seminar Kit since this product is brand new.  Also, it contains updated information as it relates to the mortgage industry today.  This does not mean that the older 2007 material is obsolete.  It still provides excellent training for attorneys, paralegals and virtual bankruptcy assistants in understanding Chapter 13s and Chapter 13 Plans and is well worth the price.

I currently have 37 Chapter 13 Workbooks in stock and I am offering a $20 DISCOUNT.  Each Chapter 13 Workbook comes with a training CD that also that contains a training lesson. For more information or to order, visit:

http://www.713training.com/shop/cart.php?m=product_detail&p=80

ADVANTAGES

** For attorneys, paralegals and virtual bankruptcy assistants, learning how to prepare Chapter 13 Plans is essential now that the new BAPCPA is in effect. Because the BAPCPA dictates whether a debtor is eligible for Chapter 7 or Chapter 13, it is to your advantage to learn how to prepare Chapter 13′s since you already know how to prepare Chapter 7s.

** Chapter 7 bankruptcy attorneys can add Chapter 13s to their law practice and stop throwing money out the window by giving the case to another attorney. Also, a Chapter 7 attorney can enjoy the financial benefits a steady stream of Chapter 13s can bring.

** As a virtual bankruptcy assistant, you can give yourself an immediate raise in salary. Preparing Chapter 13 Plans requires additional work; therefore you are paid $100 or more PER PETITION over and above your Chapter 7 fee.

Do not miss out on the opportunity to advance your skills which will pay off many times over.

Order online with Visa or Mastercard at:
http://www.713training.com/shop/cart.php?m=product_detail&p=80

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 home, the most they could sell the house for would be $300,000.  In fact, they would receive substantially less because they would absorb the cost of selling the property.  Therefore, regardless of whether the home owners are living in the home or not, the bank would still lose.  And for homes with a second mortgage (using the previous scenario), the second mortgage company would not receive anything.  This is one reason a Strip Down or a Cram Down can be proposed and confirmed inside a Chapter 13 Plan.

For the past three years or so, I have been actively monitoring the crisis the country is currently experiencing.  The first time I prepared a Chapter 13 for a bankruptcy attorney that proposed a Strip Down of the second mortgage and a Cram Down of the first mortgage was in the Southern District of Ohio.  The petition was filed during the week of September 2008 when Washington Mutual Bank announced the collapse.  I am happy to report that he Plan was confirmed with no appearance by the mortgage company.

Since that time I have prepared or reviewed over 50 or so different petitions in which Strip Downs and Cram Downs were considered or proposed.  However, before I could write this article or begin offering teleconference training classes on this topic, I needed to put more petitions to the test.

I am very happy to report that an attorney in the Central District of California has had two Chapter 13 Plans confirmed; whereby she saved her clients thousands of dollars.   Will this work in other states?  Since the procedure is so new, it is impossible to know.  However, I think attorneys would want to try every option possible to save their clients money and give them a fresh start by exploring the methods used in California.

In addition, this California attorney attended a Chapter 13 seminar at the California Bankruptcy Court and obtained a wealth of materials and sample pleadings that explained exactly how to propose a Chapter 13 Plan and obtain confirmation of Strip Downs and Cram Downs.  This valuable information was then passed on to me to be used for training purposes.

This is WONDERFUL news.  With this information, bankruptcy attorneys may be able to save their clients hundreds of thousands of dollars during this hard financial crisis the country is suffering under.  Non-attorneys, such as paralegals and VBAs, should also learn this information so they can inform their attorneys and propose Cram Downs and Strip Downs for every upside down mortgage they prepare a Chapter 13 Plan for.  Let us all do our part to save as many homes for Americans that we can and I want to get the information to you as quickly as possible.

ATTEND THE NEXT TELECONFERENCE

I believe the best and less costly way to provide this information is through a teleconference and distribution of the materials.  Therefore, when the teleconference is over, I will provide attendees with the following:

** All materials provided by the California Bankruptcy Court regarding Strip Downs and Cram Downs that the California attorney received.

**  A variety of different sample pleadings with all components (including the Order) to be used as templates for preparing the documentation required to propose a Strip Down or Cram Down.

** Letter from a Judge at the California Bankruptcy Court regarding how he handles bankruptcy cases that propose a Strip Down or Cram Down

** Case numbers of actual cases I personally worked on with this attorney.  Login to PACER and review the Schedules and Plan so you will know how to duplicate the methods the attorney and I used and help your clients.

WHO SHOULD ATTEND?

Attorneys, Paralegals and VBAs

This is an advanced training course regarding Chapter 13 Plans.  Attorneys are encouraged to attend so they can begin helping save their clients thousands of dollars.  Also, paralegals and VBAs may also attend so they can pass the information on to the attorneys they are working with.

HOW TO ATTEND

Dates:
Several are scheduled throughout the year.  For future dates, visit: http://www.713training.com/shop/cart.php?m=product_detail&p=113

Time of Teleconference (same for all dates):
8:30pm, Eastern
7:30pm, Central
6:30pm, Mountain
5:30pm, Pacific

Registration cost includes:

(1)  All materials listed above, plus
(2)  Personalized Certificate of Training

TO REGISTER:

http://www.713training.com/shop/cart.php?m=product_detail&p=113

or, http://www.713training.com/shop
Click on CHAPTER 13 CATEGORY

After registration, you will receive an email containing information on how to attend.  At the appointment time you will call in on a toll-free number and join the meeting.  You are encouraged to bring sample cases you are working on for case evaluation and review.

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 and no whole or part should be regarded as legal advice.

DEAR VICTORIA

If the only debt the debtor has is arrearages on the mortgage, can the arrearage be cured over a 5 year period or is a 3 year repayment plan required?  At 3 years, the payments are too high.  At 5 years, they can afford it.  I think years ago arrearage on mortgages used to have to be cured in 3 years.  Is that not the case now?  From all of the literature I have read a 5 year repayment would be ok.  Help!!!

ANSWER

It depends on the ability of the debtor to repay the arrearage.  If they can pay them off in 3 years at 100%, you may wish to propose a 3 year plan.  However, you cannot propose a 3 year plan at 99% or less.  Instead, this would need to be a longer term to meet the 100% requirement for Chapter 13 Plans under 5 years in length.  But, if the debtor is unable to pay 100% of the arrearages with interest within the 5 year maximum, the proposed Plan can be lowered to as little as 2% depending on the debtors ability to pay and the local rules of the court.  However, as you are aware, every bankruptcy petition is unique and different strategies apply to different cases.

DEAR VICTORIA

I have a client with three vehicles titled in their name.  One vehicle is used solely for the debtors trucking business.  Can I exempt $6,750.00 from truck under California 704 exemptions as tools of trade?

ANSWER

I have found that many things are accepted in California that is not accepted in the majority of other states.  I personally have never used the “tools of trade” exemption for a motor vehicle.  It is my understanding that it is considered a motor vehicle instead of tools of trade.  However, if you interpret the exemption to include motor vehicles, go ahead and try it. However, to be on the safe side, this is a question you really need to ask a California bankruptcy attorney since they would be more familiar with local rules of your state.  Let me know what happens and I will pass the information on to others.

DEAR VICTORIA

I looked on the website and did not see any other workbooks. What I was wondering is if you have any more practice petitions that I could get my hands on?  I would not mind even sending them to your staff to grade and you charge me for the work, just like your service you have for when we have a real petition to have checked over. I really feel that I just need to keep doing more over and over. I think I am starting and feel comfortable. Let me know if you can help in anyway.

ANSWER

I have had several requests for this from others so I am in the process now of putting together practice petitions for people like you for training.  The problem I have is that today I mainly do petition reviews and amend petitions because of problems.  Therefore, I normally never do a bankruptcy petition from start to finish and do not have all the components needed for to create practice petitions.  This is why the project is taking me so long to compile and I apologize for the delay.

In the meantime, print out an entire bankruptcy petition and read the legal documentation (especially the Statement of Affairs pages).  Highlight anything you do not understand and bring the questions with you to the next seminar or contact NAVBA members at www.navba.org and offer to pay them for their time to help you.

Note: NAVBA members are busy people. Either they are busy building their VBA business or they are busy doing petition work for attorneys.  The members enjoy helping others, but you cannot expect to call them and expect a lot of free conversation and advice.  If you talk more than 5 minutes in an initial telephone conversation with a NAVBA member, you need to offer to pay them for their time and schedule an appointment to meet during a time they are not in the heat of working.

For those of you who would like to have a petition reviewed and receive private training in how to improve your skills, visit:
http://www.713training.com/shop/cart.php?m=product_detail&p=86

DEAR VICTORIA

I just signed up an attorney that specializes in Personal Injury. He has occasionally done Bankruptcy’s but not a lot of them. He is going to start seeking more BK business so I can do the petitions. Anyway, I just wanted to let you know I enjoyed the class and also all the information you send us NAVBA members.

ANSWER

You bring up an excellent point.  All areas of law are suffering right now in one form or another.  The only type of law that is growing by astronomical figures is bankruptcy. Therefore, all attorneys are worth marketing to at this point in time.  I am glad you found that information on your own and will continue marketing to other attorneys.

For those who need some really good marketing information that is guaranteed to help you:

Ebooks:

http://www.713training.com/shop/cart.php?m=product_detail&p=88
http://www.713training.com/shop/cart.php?m=product_detail&p=36

Training Video:

http://www.713training.com/shop/cart.php?m=product_detail&p=94

DEAR VICTORIA

I have a web site up and running but I do not feel confident enough to start marketing yet (although I have all the materials and strategy set to go).  I know that first impressions are crucial and so I want to be a completely competent VBA before I solicit business from potential attorney clients.  Your suggestion of an internship/apprenticeship sounds like the perfect next step for me on my way to creating this business.  Do you think I should try to work with another more experienced VBA who needs some back-up help?  Or do you think I should contact an attorney like the gentleman you mentioned, Art Houseman?  Perhaps both?  How can I get in touch with them? Any advice that you can offer would be greatly appreciated.

ANSWER

First of all, if you wait until you feel completely confident, you will never grow your business.  Bankruptcy is like learning how to swim.  You will never learn how until you jump in the water.  I do not want to give you advice on what marketing methods to use because I have not performed an analysis on your goals and expectations.  Only you know that information.  Therefore, I suggest doing whatever you feel comfortable in doing.  Just jump in the water, try everything you can, and see what works.  Being in business is like playing the lottery.  Sometimes something will work and other times it will not.  An old saying that is still true today:  Failure is the only means to bring success.

DEAR VICTORIA

I read an article you wrote and you were talking about an “employee mindset.”  What does that mean?

ANSWER

Many employees do not understand what when a company spends money on them, that employee needs to generate that revenue back, plus make a profit in order for them to keep their job.  Employee minded people look at their employer the same way a child looks at its parent.  The employee centers their whole life and existence around their employer and they do not understand that they must create a profit for the company or they lose their job.  When it happens, the employee is devastated; especially when it comes through no fault of their own.

This is OLD SCHOOL methods that were implemented between 1920 and 1990 when employers wanted to build huge companies and expand outside the US.  Prior to 1920, most people owned their own business and provided products and services they developed from their minds and their bodies.  Today, this is the only way to survive but most people have been programmed to think with an “employee mindset.”  But there is hope; as it requires training to break out of this mold.

I strongly urge you to research methods you can use to break out of this mold and learn basic skills in building a business.  Below are a few links to help you get started:

Go to the video search engine of Google:
http://video.google.com/
Type in the search words:  start business
Also type in the search words:  service business marketing

Watch some videos and learn a wide variety of skills from different business owners.

DEAR VICTORIA

Thank you so much for your efforts to protect all from these scam artists. Although I find it hard to believe anyone could be so gullible as to send that information to ANYONE, the facts are that people fall for this type of thing all the time.  In fact, senior citizens are the most vulnerable, because they come from an era where people were more honest.

For those who do have credit cards, they should know that if they receive something like this, they should go to their credit card statement, get the customer service phone number, and call the company, who will quickly tell them its a scam, and also will inform the company that such a scam is being perpetrated on their customers in their name.

Thank you again for caring . . . And you are so smart to have never gone the “plastic” route . . . I am on my way to becoming debt free and once there, will never again go down that path.  Hard lessons to learn!

DO YOU HAVE A QUESTION?

Submit it at:
www.713training.com/contact.html

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 for $79.99.  They completed it by hand and faxed back to 713Training.Com.  When we received it, we forwarded the Exam to a paralegal to grade the old-fashioned way (by hand). This process was taking longer than anticipated and students were growing impatient.

To solve these problems, we have now placed the Chapter 13 Concepts Exam online.  This change has totally eliminated the wait time for the student in obtaining their grade, plus it reduces the cost in overhead expenses.  Because the overhead expense costs are so significantly reduced, I am passing the savings on to you.  Instead of paying $79.99, you now SAVE $40.00. The final cost is only $39.99 for non-members and $36.00 for members.   This will become the standard price.

Now, simply purchase the Exam for $39.99, study the materials, login online and take the Exam.  If your Final Grade is 100% or higher, you will receive a personalized Certificate of Training. Print the Certificate on your color printer and frame to hang in your office.  The electronic PDF version is also essential for adding to your online portfolio for download by attorneys from your website.

NOTE: This is an OPEN BOOK test. You should not score less than 100% unless you do not study the materials.

EARN YOUR CERTIFICATE NOW

Purchase the Chapter 13 Concepts Exam for $39.99
http://www.713training.com/shop/cart.php?m=product_detail&p=101

Join the NAVBA and Save 10% on All Future Purchases
http://navba.org/JoinNAVBA

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 time, John Spurgeon has been specializing in family law.  He had been referring all bankruptcy requests out to other attorneys in the area.  However, when he found the requests were growing in number, he decided to open up a bankruptcy law practice to compliment his existing customer base.

A quick search on the American Bankruptcy Institute website at www.abiworld.org will show you the high level of increase in bankruptcy filings within the state of California.  For example: in the Second Quarter (April, May and June) of 2009 there were a total of 53,505 filings in the state of California alone.  These figures result down to almost 600 California residents PER DAY filing bankruptcy.  That is the most extreme I have ever seen in my entire 30+ year legal career.  The numbers are mind boggling and you may not understand the level of significance unless you are working in the bankruptcy field.

Due to these high numbers of filings, many homes in California are owned by banks.  Although the state of Florida is also suffering and filings are extremely high there also, the difference between the appraisal amount and the amount owed to the bank is much smaller in Florida compared to California.  For example: In California, there are many homes (priced at $100,000 in other areas of the country) originally selling for $700,000 and up.  Now that the housing market has collapsed, California home owners are finding the same property is appraised at $200,000 and they are underwater a half million or more.

In an effort to stabilize the housing problems in California, many California bankruptcy courts are putting provisions in place so that debtors may stay in their homes and this helps to prevent more criminal activity within the neighborhood as well as protecting the investment of other homeowners.  For example, did you know there are unscrupulous people who pick the locks of bank-owned homes, change the locks and rent the property to innocent victims?  If the person(s) owning the home would have stayed in it instead of moving the moment they received a foreclosure notice, this would not have happened.  It is unfortunate that people often do things that hurt them simply out of panic.

WHAT PROVISIONS IS CALIFORNIA BANKRUPTCY COURTS PUTTING IN PLACE FOR PEOPLE?

713Training is putting together a training package that will teach California attorneys how to propose strip downs of second mortgages and cram down first mortgages.  This is a new procedure that has been tested and approved by the Central District of California (the most difficult district to file a petition in).  Look for a future email announcement regarding the training package so that you can save your clients literally millions of dollars and help them get a fresh start in these hard financial times.

DO YOU KNOW OF ANYONE FACING FORECLOSURE?

One of the goals and focuses of 713Training is to educate as many people as possible during these hard financial times.  If you know of anyone who has received a foreclosure notice, tell them NOT TO MOVE.  Stay in their home and keep it well maintained.  There are many opportunities for homeowners who are behind in their mortgage (and many are coming down the pike); simply because the bank would prefer to preserve their investment by having the property owner stay in the home instead of leaving and have the home subject to criminal activity.

ARE YOU AN ATTORNEY?

If you are receiving this notice and you are interested in discussing the establishment of a bankruptcy law firm for your practice, so that you can help 100s of people facing foreclosure also, feel free to call Victoria Ring at 719-472-4109.  What is the cost?  It depends on your training needs, which is why you must call for a free consultation and assessment.  Some attorneys only require training by teleconference and over the web, while others prefer that we physically come to their location.

REFERENCES FOR ADDITIONAL INFORMATION

Contact Information for John Spurgeon
http://www.jsfamilylaw.com/

Attorney References
http://www.713attorney.com/references.html

Help and Assistance from the 713Team
http://www.713attorney.com/713team.html

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 following documents to prove you are the card holder.
1.) Personal Identification: A clear copy of your Passport, Photographic Drivers License or I.D. Card (both sides).
2.) Payment Verification: A clear copy of both sides of the credit/debit card (covering the middle 8 digits of the card number, and the 3 digit Card Security Code (CVV/CVV2)) and a clear copy of a recent bank statement on which your name and address are clearly visible.
You can either fax the documents or you may prefer to download and complete the “Service Authorization Form”.
All documents are retained in a secure environment, and are only accessible to senior security personnel.
We apologize for any inconvenience this causes but we trust that you appreciate the importance of maintaining appropriate security standards for our customer’s accounts.
Thank you for your prompt attention to this matter.
Kind Regards,
Citi Security Department

HOW DO I KNOW THIS IS A SCAM?

Because I personally have NO credit cards. Also, I have never applied for a credit card in over 25 years and I certainly have never applied to Citi.  In addition, I owe no credit card debt and I am debt free. However, 98% of the population has credit card debt and may believe these fraudulent statements.  I happen to know this is a scam simply because I am part of the 2% population who has no credit cards; therefore, scams like these are easily recognizable in my email box.  But others do not have the advantage I do, so I am passing this information along the moment I know about it.

PASS ALONG THIS INFO

This scam is solely intended to steal the identification of innocent people so that cruel, heartless and selfish people can harm them financially.  Unfortunately, the thieves behind this operation will scam some people, but you and I can work to make sure as many people are protected as possible by passing this email on to them.

We are living in hard financial times.  This is when the roaches come out of the closet, so watch out for them to come in many different colors and shapes in the years ahead.  Unfortunately, this Scam Report is only one example of the many to come.

Written by Victoria Ring
Published by 713Training.Com LLC
www.713training.com
www.713attorney.com
www.713university.com
www.navba.org
www.servantofjesuschrist.com

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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.   What is the name of the Motion that attorneys must use when stripping a second mortgage in a Chapter 13 Plan?

3.   In the preparation of the bankruptcy petition, how are unsecured portions of secure liens provided for on the Means Test as well as the Debt Classification?

4.   What are some quick tips to matching up Schedule I to the Means Test in order to reduce deficiency notices from the Trustee’s office?

5.   What is the suggested wording for Item 17 of Schedule I and Item 19 of Schedule J which, if eliminated, normally will cause deficiency notices from the Trustee’s office, resulting in a loss of time for the law firm?

6.   What are some quick tips regarding exemption selections and how not to commit unauthorized practice of law if you are a non-attorney?

7.   How do you know if a motor vehicle is eligible for a cram down and how is it properly recorded on the bankruptcy petition?

8.   What are some questionable expenses that attorneys need to be aware of before the petition is filed?  Non attorneys need to know this also in order for them to bring their attorney’s attention to these questionable expenses.

9.  Although attorneys make the ultimate decision, what are some things non attorneys need to be aware of so they can assist their attorneys in making the best decision possible?

10.  Why is it important to document the benefits to the debtor for the Chapter 13 Plan?  Knowing this information will significantly increase the profits for a law firm as well as improving the rate at which debtors stay in their Chapter 13 Plan.

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