Money Troubles: Legal Strategies to Cope with Your Debts, Eighth Edition this question feed

asked by squeege on November 24, 2006 6:50 PM
Feeling overwhelmed by your debts? This book is exactly what you need to help you get out from under them!

Step by step, Attorneys Robin Leonard and Deanne Loonin shows you how to:
*prioritize debts
*create a budget
*negotiate with creditors
*stop collector harassment
*challenge wage attachments
*contend with repossessions
*respond to creditor lawsuits
*qualify for a mortgage
*rebuild credit

To make the process easier, Money Troubles also includes sample letters to creditors, as well as worksheets and charts to calculate your debts and expenses and help you create a repayment plan.

The 8th edition is completely updated, and provides a revised chapter on property ownership and debt liability rules for married, divorced or separated couples. It also provides the latest information on credit scores.


Reviews

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There are three great books on the market today and I say don't shop around any more. The two best bankruptcy books on the market have been written by women. I purchased Peggy Palm's book first and found it very informative and insightful. I'm attempting to the stop foreclosure of my home. I then purchased Tiffany Love's book, surviving financial disasters, to get the bankruptcy forms on CD Rom and then learned that she too filed for bankruptcy and included her legal pleadings. If you want to stop foreclosure, get Ms. Love's book for sure as it is "hands on", but I find myself frequently referring back to the information in Peggy's to gain an additional perceptive. Money Troubles is another great book that provides wonderful information and exceeds the scope of Peggy's book, because it covers everything inside and out of bankruptcy, like Tiffany's book. Which some people I think may find too technical, but if you're doing battle like I am with creditors the information is right on target. All three will cost you less than $100 far less than an attorney's consultation fee. My verdict: Peggy's book for the legal advice, Tiffany's book for insight and roadmap, Money Trouble for everything else even after bankruptcy. The others are crap!
reviewed by linda on November 28, 2006 5:18 PM

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I think of this book as a dictionary of options rather than a How To type book. The information is general, but it does list some state specific laws. If you are deep in debt and are looking to get out ASAP, then this book may be too general. However, it will point you in a direction to search for more answers.

See also, Surviving Financial Disasters (CD-ROM included).
reviewed by iconfess on November 29, 2006 1:21 PM

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This book is very basic and gives advice about how to manage money. However the one mistake the book makes is that it assumes that collection agencies and/or creditors are legitimate and offers no recourse to how to dispute charges from less scrupulous companies and agencies. The text for dealing with credit reporting bureaus is very basic. There are more precise texts to tell how to clean up your credit report (naturally after you have closed the accounts).
reviewed by skywalker on November 29, 2006 1:31 PM

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Get out of debt and rebuild credit with the aid of this revised 6th edition of a classic, which tells how to take control of finances and repair credit. From repairing a bad credit rating to reducing alimony and responding to lawsuits, Money Troubles provides all the basics involved in consumer credit issues.
reviewed by orla on November 29, 2006 5:20 PM

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