3 Reasons why you should NOT Extract Your Own Tooth
If you are reading this article, you are probably thinking about extracting that tooth of yours ALL by yourself…
A quick search on the internet revealed a few tricks, one of them is to google these words “cast away tooth extraction” wherein you will find a short video featuring the academy award winner Tom Hanks from the movie Cast Away, which will show you how it can be done, when you are alone and stranded on an island.
If you adopt the wrong approach to your own legal problems you could pay a very high price.
If a client did not handle a legal situation properly he was heading for bankruptcy by entering into a simple transaction of buying a nice home for the family. You will wonder, assuming a house purchased at RM1 million, the bank is only going to loan you A maximum of RM900,000 after a few years of repayment and the value having appreciated (gone up) there is no way that the borrower can be heading for bankruptcy. Read the story here.
NEGOTIATING DIRECTLY WITH THE CREDITORS (Usually a Banker)
A creditor (especially a banker) is a professional lender, they have an army of lawyers drafting agreements to protect their interest, that is why you were given an agreement to be signed and you cannot even change a comma in the loan agreement. In the event of a default, notwithstanding the sums you have diligently paid legal action was instituted against you. At that time before you decide whether you can “negotiate” with a banker, do you know what “a default” is and when was the last time you used the word “notwithstanding”?
Do you think you are able to “negotiate” with your dentist on whether your tooth ought to be extracted due to medical reasons such as a periodontal disease? Then again what is a “periodontal disease”?
A simple test is, if you are NOT a dentist or a doctor and is able to understand what periodontal diseases are, go ahead and negotiate with the creditors and bankers. Since you are most probably better in skills in filing in the cavities in your own molars than your dentists.
While the average clients that I have met cannot tell the difference between “than” and “then“, “owed” and “owned” (serious…) what do you think about abilities on understanding “notwithstanding” and the rest of the loan agreement?
ENVIABLE POSITION YOU WANT TO BE IN
You want to be in the position to recover your debts from a company that was wound up just like the example below.
COLLECTION OF RENTAL IN ARREARS AND EVICTION OF TENANT
One of our clients was left high and dry when his tenant did not pay rent and refused to move out his ordeal ended when we “moved” in to help him to recover the outstanding rentale as well as evicting the tenant.