Dec 18 2008
How To Settle Your Debts
How To Settle Your Debts is an all-inclusive enlightening guide to help individuals, families and small businesses eliminate debt without bankruptcy, debt consolidation and the damage they can cause. You learn how to legitimately eliminate debt and totally improve your life while maintaining your dignity and your reputation.
The author, a CPA and a former collection agency owner, offers solutions based on his insider knowledge of the debt collection establishment. He gives you the know-how, the tools and an understanding of your leverage that provides the confidence you need to do the job. You learn how to eliminate debt while minimizing the cost and the credit damage it can cause. Even if you re on the brink of financial ruin, you will learn how to regain financial health and get a fresh start.
How To Settle Your Debts is written in an informal style and an outline format to promote understanding and ease of reading. With its comprehensive index, it can be used as a reference manual as well as a do-it-yourself guide. It s for all those whose debts continue to grow and whose lives are being shattered by them. Below is a description of how the book will help you understand your problem and guide you to take the action necessary to end it:
You will learn the basics – fundamentals about debt, the risks of failing to pay and what creditors and debt collectors can and cannot do to collect.
You will learn about who you re up against – who the predators are and how to recognize and avoid their cons and their traps.
You will learn about your rights and how to use them to advantage – laws enacted to protect you from abuse and to punish collectors and who violate them.
You will learn to understand your problem with debt – how to expose it, examine it, evaluate it and how it’s impacting your life.
You will learn about options that are available to deal with debt – how to select the one that works best for your situation and needs.
You will learn how to apply your debt solution – create and implement a plan to eliminate your debts based on your circumstances and resources.
You will learn to outwit you adversary (creditors, collectors, attorneys) – by understanding what their weaknesses are and by using “Dirty Tricks” to frustrate and discourage them.
You will learn to negotiate and use leverage you have – to convince creditors and collectors to set up arrangements to workout and settle your debts.
You will learn how to protect your assets – and your privacy and to maintain repair and rebuild your credit.
You will learn to deal with – lawsuits, judgments, secured debts, tax debts and how such obligations can often be settled or otherwise favorably resolved.
You will learn to deal with student loan debt – cope with repayment problems and how to take advantage of their favorable terms.
You will learn how to settle business debts – and save your business from bankruptcy and financial ruin.
And, you will learn how to get help if you need it – and how to avoid all the scam artists who are waiting to rip you off.
In summary How To Settle Your Debts puts you in control of your finances. It provides the knowledge, insight and the confidence you must have to eliminate debt, protect your assets and privacy and rebuild your credit. You will be able to stop collector harassment, avoid the myriad dishonest debt solution schemes, and escape from debt without the self-defeating and demeaning ordeal of bankruptcy.
User Ratings and Reviews
5 Stars Great Advice!
I am very grateful for the wonderful advice. I would have loved even more specific info on settling debts but overall it is a spectacular source of valuable information.
5 Stars Very Helpful guidance
I purchased this book as I’m entering into the same problems as many other people, where the lure of easy credit has gotten me bogged down and stressed out. The first part of the book, where it talks about ways of running and hiding from the problem scared some sense into me.
Then the rest of the book, where it goes on to guide you through taking responsibility for what you (and the credit companies) got yourself into. And the information for working to get yourself out of the mess is great. It’s given me the confidence to continue down the road toward settling my debts on my own, and knowing that professional assistance is still there if I need it. The book outlines lots of good information concerning debtors rights, challenging the creditors claims, constructing a workable budget for yourself and starting negotiations with your creditors.
Norm also re-enforces a very important point: In order to get yourself out of debt, you need to get control of your spending and stop creating new unsecured debt.
5 Stars The perfect do-it-yourself manual for individuals, families, and businesses
Among the unfortunate side effects of an economic downturn such as the United States is currently experiencing is the growing debt load that ordinary men and women find themselves having to labor under. Now in a fully updated and significantly expanded second edition, “How To Settle your Debts: Without Committing Financial Suicide” by certified public accountant Norman H. Perlmutter, is the perfect do-it-yourself manual for individuals, families, and businesses who find themselves sinking further and further into crippling debt. Of special note is the new chapter specifically addressing the problems associated with student-loan debt. A major culprit are the credit card companies who deliberately target people’s desire for instant gratification for things they don’t need and cannot afford. Complicated with deceptive interest rate schedules and conditions, anyone seeking to emerge from crippling debt must become informed with respect to the various techniques of predatory credit card issuers. Drawing upon his many years of experience and expertise in helping individuals and businesses deal successfully with the problems of excessive debt, Perlmutter deftly shows the non-specialist general reader how to wipe out their debt without having to resort to bankruptcy (which Congress has made even more difficult with the finance industry backed legislation); how to effectively deal with bill collectors; settling debts through leverage; clean up and rebuild personal and corporate credit ratings; deal successfully with tax debts, secured debts, and judicial judgements; resolve student loan debt repayment problems; as well as when and how to simply walk away from debts. “How To Settle Your Debts” should be considered profoundly valuable reading for anyone having to deal with problems arising from excessive debt, and be a priority acquisition for college, university, and community library Money/Finance reference collections.
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