Credit Repair Business Opportunity: New Bankruptcy Laws
In times past people would find themselves in huge debt and with serious credit problems and they would quickly turn to bankruptcy as a solution. Well, times have changed. The new bankruptcy laws make it more difficult to file and therefore more people realize that their only solution is to repair their credit. That creates a great opportunity for credit repair businesses.
Must Speak With a Credit Counselor
Now in order to file for bankruptcy you must first speak with a credit counselor. If after getting credit counseling you are eligible for bankruptcy you can only file Chapter 13 which will still require you to pay back your debt. These laws clearly work to the advantage of credit repair businesses. People have seized this opportunity and are starting their own home based credit repair business to provide the help and counsel needed for debtors to repair their credit.
Though this is a great opportunity there are a lot of legalities to think about. You have to be certified and have a license to be offer professional credit repair services. Also you will need to market your business well in order to ensure its success. So there are a lot of things to think about before you take the big leap into business for yourself.
The best thing to do before embarking on this business venture is to get educated. Go to your local library or bookstore to find books on how to start a successful business or on credit repair and how to go about it. You can read up on all the requirements and get some suggestions on how to go about getting started. With the right information you can be sure to get your business started off right.
Also, online you can find what the requirements are for starting a credit repair business. You might also be able to turn to professionals, maybe a credit counseling agency or credit consultant, that can help you get whatever certification you need. There may be courses you need to take to be certified and the professionals will be able to tell you how to go about that.
When you have the knowledge and the credentials needed for your business you are ready to start advertising your service. You need to be specific in your advertisement as to what service you are providing. Marketing your businesses well will determine its success.
This is a really good time to look in to credit repair as a business venture. Many people are trying it out and having success.
Must Speak With a Credit Counselor
Now in order to file for bankruptcy you must first speak with a credit counselor. If after getting credit counseling you are eligible for bankruptcy you can only file Chapter 13 which will still require you to pay back your debt. These laws clearly work to the advantage of credit repair businesses. People have seized this opportunity and are starting their own home based credit repair business to provide the help and counsel needed for debtors to repair their credit.
Though this is a great opportunity there are a lot of legalities to think about. You have to be certified and have a license to be offer professional credit repair services. Also you will need to market your business well in order to ensure its success. So there are a lot of things to think about before you take the big leap into business for yourself.
The best thing to do before embarking on this business venture is to get educated. Go to your local library or bookstore to find books on how to start a successful business or on credit repair and how to go about it. You can read up on all the requirements and get some suggestions on how to go about getting started. With the right information you can be sure to get your business started off right.
Also, online you can find what the requirements are for starting a credit repair business. You might also be able to turn to professionals, maybe a credit counseling agency or credit consultant, that can help you get whatever certification you need. There may be courses you need to take to be certified and the professionals will be able to tell you how to go about that.
When you have the knowledge and the credentials needed for your business you are ready to start advertising your service. You need to be specific in your advertisement as to what service you are providing. Marketing your businesses well will determine its success.
This is a really good time to look in to credit repair as a business venture. Many people are trying it out and having success.
About the Author:
Are you tired of barely keeping up with your credit card balances? Learn how to deal with excessive credit card debt on the Debtopedia website. Visit http://www.debtopedia.com for a free copy of my "Secrets Of Credit Card Debt" report.
posted by Credit Counseling at
12:02 AM
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home