One of the most painful things in the world to go through is failure. Work marriage school business etc…as humans we all want and need to feel successful at something in life. When something you have worked hard to acquire is taken back we feel depressed and like a failure.
As consumers we become entrapped by debt. This is due to our bad personal or Business decisions as well as unscrupulous lenders and greedy brokers bankers etc…once again the question is what do you do when they come for you??
The one thing we should all know is that everything on this planet is negotiable, everything.
We have a tendency to let fear consume us once we get behind on the debt. We then stop communicating with our lender; they in turn think we are hiding when we are actually trying to avoid talking with them until we have something…like money to give them. This is the number one mistake we make.
The first thing we should do is co-op our lender and make them a partner in our pain. Most of us know when we are going to be late on a payment and we sort of just let it happen. Each and everyday that passes on the debt we feel worse and then we begin to rationalize (they (lender) have more money than me) WE BECOME CHIMPANZEES… What we should do is call them and remember the Gorilla favorite on fear. Tell them you are experiencing difficulties and out of respect for them you wanted to communicate early and often about this debt
This is very painful but will probably extend the collection process by months. If they feel you are trying they will be very lenient.
Nothing speeds up the process of collecting faster than the assumption that you are intentionally not paying or are just hiding from the debt. Unfortunately there are some out there who have bad intentions but most of us are not that way. so if you get extra time do everything you can to make your payments.
If you have done all you can and that fateful day comes when that critical piece of equipment or your vehicle has to be returned, take a deep breath and be a gorilla…let it go no need to fight you have work to do. Some lenders will give you a few days to get it back. If you cannot do not worry you have 30 days before the repo appears on your credit report. Get another form of transportation
Research the prospect of renting equipment (Business Owners) and may be you should invest in a scooter or moped for transportation. If you have a family maybe you can borrow a car and or rent a vehicle for that as well. Gorillas know that this too shall pass and you will not be in this situation for long just work your way through it and make a comeback. It will be that much sweeter when you make your comeback and Gorillas always make a comeback!!
The come back my My Gorillas is fueled by your Attitude !! charles swindoll wrote:
“I believe the single most significant decision I can make on a day-to-day basis is my choice of attitude. It is more
important than my past, my education, my bankroll, my successes or failures, fame or pain, what other people think of
me or say about me, my circumstances, or my position. Attitude keeps me going or cripples my progress. It alone fuels
my fire or assaults my hope. When my attitudes are right, there is no barrier too high, no valley too deep, no dream too
extreme, no challenge too great for me.”
I AGREE !!!!
The Gorilla Speaks
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