Part 5 of my review of Kevin Trudeau’s book, “Debt Cures “They” Don’t Want You to Know” examines Chapter 6 of the book–”Fighting Back”. The purpose of the review is to examine whether Trudeau, who has had extensive involvement with credit card fraud and the Federal Trade Commission for some of his previous books, makes [...]
March 2009
Consumer bankruptcy debtors must complete a series of calcuations based on their median income from the six months prior to bankruptcy– in order to complete one of two forms, either Form 22A for Chapter 7 debtors or Form 22C for Chapter 13 debtors, using standards supplied originally by the IRS/Census Bureau. Those standards were recently updated by the [...]
You may not be eligible for chapter 7 if your income during the last 6 months was higher even though you have suffered a big decrease in pay.
Good Morning America has been doing a series of financial stories including the website Making Home Affordable. The story features a family reviewing the site Making Home Affordable. This story leaves the viewer feeling that this site will be the answer to all their prayers and that is very quick and easy. My problem with [...]
The real reason that you can’t get a mortgage modification is that the lenders are afraid to give you one. Why? Mark to Market and Waterfall.
Part 3 of my review examines Kevin Trudeau’s book, “Debt Cures “They” Don’t Want You to Know”, Chapter 5: Negotiate! The purpose of the review is to examine whether Trudeau, who has had extensive involvement with credit card fraud and the Federal Trade Commission for some of his previous books, makes any sense in this [...]
