If You Are Having Credit Problems, This is a Great Book to Read, November 20, 2009

By	M. Gregory (Miami, Fl United States) - See all my reviews

With the credit crunch that is affecting just about everyone (irrespective of our geographic location), it is good to have a practical book that can guide us through our credit problems.

I am blown away by the openess and honesty of this author. Not many individuals are willing to say that they had financial problems and that is what did it for me with this book. I find that too many books on credit problems are filled with theory but you cannot apply them to real life situations. However, I found this book to be the total opposite. The author goes even a step further by including sample letters in his book, which saves me time searching the internet for templates and the like.

I totally agree with him that financial difficulties can be as devastating as the death of a loved one. Actually, many individuals commit suicide because of financial problems. Let's hope that by reading this book many more individuals will be able to repair their lives the way he did.

I look forward to seeing another great book from this author.

Dennis Fleming "Author": (New York, NY and St. Louis, MO)

Michael W. Newman has written a book for our times, never more relevant than today. The book is loaded with easy to understand basic information explaining not only how you can fall into debt and credit quicksand and how to get out of it, but how they work. There's plenty of insight into what's going on at the other end of the phone when you receive that dreaded "We will ruin your credit" call.

There are form letters examples of which are in the chapters and in the appendix. You can adapt them to keep creditors at bay until you can work out your strategy to grab that rope and pull yourself out of the financial muck you stepped into. There are forms to correct information in your credit report, communicate bankruptcy, voiding contracts, etc. Everything you need.

This is a good book to study and a good reference to have handy BEFORE you get into financial hell. I found only one piece of advise I would not recommend, but it's minor, a matter of personal choice, and isn't financially important.

The book i easy to read. Don't look for unnecessary jokes and filler. This book gets to the point fast and stays there. I would have liked to have this information some years ago when I was in credit card hell--11 credit cards with $65,000 of debt. I was just keeping my head above water and managed to pay it all off in full. It would have been so much easier had I the fortune to get my hands on Michael's book.

I give "What You Can Do To Conquer Your Credit And Debt Problems" a thumbs up.

What You Can Do to Conquer Your Credit and Debt Problems by Michael W Newman

By Jesse Schmitt, published Nov 21, 2008

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Drawn up in very big type and laid down, double-spaced, just so you don't mix it up, the book What You Can Do To CONQUER Your Credit and Debt Problems is as much a personal atonement as it is a guide for you, the debt-saddled consumer. Mr. Newman offers his own "golden survival tips;" as well as a host of other useful information for the consumer who can't seem to get out of debt.

Recognition is one of the biggest hindrances to getting to the root of the problem and this is another thing that Mr. Newman addresses right from the get-go. If people can't admit that there is something wrong then there is no way to fix the problem. Also Mr. Newman sets about setting things up in a realistic and logical manner. He has a section on setting up a plan of action, creating attainable goals, following your plan into attack and meeting those goals and moving on.

And that's just in the first chapter! He goes on to talk about things every consumer needs to know about creditors and bill collectors including the two types of creditors and the three types of bill collectors, ways to handle calls you may be getting from them, things you should and should not say to them when dealing with them, and stopping their calls altogether.

Another thing Mr. Newman stresses is the fact that people are able to turn the tables on their bill collectors; just because you are the one being pursued doesn't mean that you don't have a way to make the bill collectors have to do their own due diligence. Moreover there are way to protect your assets from creditors and ways to clear debts without filing bankruptcy.

If it does ultimately turn to that, there are things you should know about bankruptcy and Mr. Newman delves into these facts as well. Answering the questions should I declare bankruptcy, when should I declare bankruptcy, what is the difference between chapter 7 and chapter 13, as well as your attorney's duties when filing these cases.

While these may seem like things which are talked about ad nausea in the news and in other publications, Michael Newman breaks it down for you in way that is easy to understand and quick to follow on the fly. While you want to be able to do so, it may be tougher than you think alone; for this reason What You Can Do To CONQUER Your Credit and Debt Problems is essential reading for anyone plagued by the system.

Tate Publishing & Enterprises Donna Chumley, Acquisitions

"We are thrilled to have the opportunity to issue you a formal offer for your book "What You Can Do To Conquer Your Credit And Debt Problems. It is not only my honor, but the entire staff here at Tate Publishing is truly blessed to have the possibility of partnering with you to see this project succeed on every level!

It is important that you know what it is about your book that caught our eye and you need to realize that a lot of time and effort goes in to each review of every submission that comes to us. Your book has been chosen on the basis of writing ability, concept and most importantly-Marketability. It is with great pleasure that we welcome you as one of the 4% chosen out of tens of thousands each year to become a published author with us!! Congratulations!!

My personal review of your text revealed that you have developed a book of interest. The information provided in your book is unique in that most people are not aware of the law, their rights and the opportunities they have to protect themselves and their assets. I found the sample letters to be very helpful. Your book is amazing! I personally had no idea about most of the information you provided. I am sure I am not alone. I believe this will be a marketable book.

Again thank you for the opportunity and we look forward to your response to the offer."

Roger W Marshall Author of "Terror Within" - Managing Director, Ariba Asset Management

"This book is timely. The level of consumer debt in the United States is reaching dangerous levels. More and more people are finding themselves over-extended and over burdened with debt payments. What can they do? Many are having trouble just making their minimum payments. This book, by Mr. Newman can help many of those people. He offers great advice and examples of how to respond to creditors in an effective manner."

"Everyone facing mounting debt problems should read this book."

Jamie Grossfeld "xtremeblue.com"

"While there might be many books on debt management, the book by Michael W Newman stands out in it's sincerity and helpful information. If the saying that "Knowledge is Power" is true, then this book will help you with the knowlege to conquer your debt and credit problems. Taking back control is the first step towards repairing and improving your credit worthiness."

"MIRIAM'S WEBSURFING FIND"

"MIRIAM'S WEBSURFING FIND: I must give credit where credit is due, Barry Kiker found this helpful website and blog and wrote about it in his blog, Dialysis and Me.

Michael W. Newman's site is entitled What You Can Do to Conquer Your Credit and Debt Problems, also the title of his book, now in its second edition and available at his site and Amazon.com. The book is full of helpful information and sample letters to use when dealing with debt collectors and credit card companies. He gives gives concrete applicable suggestions and explains the laws that can help you get out of trouble. With the economy in the state that it's in many people are struggling with financial issues, especially people with CKD5 and other chronic illnesses. Michael hopes to help with his website and book.

Along with his extensive business background, Michael is also on in-center hemodialysis. He shares some of his experiences in his blog and forum which can be found on the site. One of his recent forum posts has good ideas on how to protect yourself while at dialysis."