Customer Reviews

Money Troubles: Legal Strategies to Cope With Your Debts (Solve Your Money Troubles)

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Now in a fully updated and expanded sixth edition, Robin Leonard's Money Troubles: Legal Strategies To Cope With Your Debts continues to be an invaluable instruction manual and guide for consumers seeking to pare down their debts by negotiating with creditors and prioritizing financial obligations; rebuilding personal credit; stop collection harassment; respond effectively to creditor lawsuits; learn effective alternatives to bankruptcy; determine if and when bankruptcy is the correct response to debt; and much, much more. Accurate, reliable, practical, comprehensive, and truly reader friendly, Money Troubles is an outstanding, highly recommended compendium of advice, counsel and strategies for dealing with credit cards, bill collectors, credit reports, credit bureaus, judgments, wage garnishments, repossessions, foreclosure, property liens and levies, refund rights, bounced checks, consigned loans, budgeting, and credit counseling.

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).

This book has to be the most comprehensive and most helpful book for people who are having credit and money problems. It's easy to read (like all the Nolo books I've read) and the information is detailed and excellent. The state-by-state charts of current laws are really useful. I can't recommend it highly enough -- and I've recommended it to a lot of people.

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!

If you have serious financial difficulties, this book will get you on the path to fiscal health. You'll learn how to respond to wage attachments, lawsuits, the repossession of your car, foreclosure proceedings, property liens, and IRS threats. Includes practical tactics for getting creditors off your back.

I have been using this book since 1995 for my own use and to direct others who run into problems. Even if you do not have money problems, the system is out to beat you. There is a lot of misinformation about you out there. Creditors do not care about reporting the correct information about you. This book shows you how to fight back and win.

At Debt Counselors of America ®, a non-profit group that help consumers get out of debt, we love Money Troubles. Any consumer that has found themselves in financial trouble should get this book. It is an absolute must read book on how to get out of debt. Robin Leonard writes in an easy to understand style. If you are having financial problems, do not delay, buy Money Troubles right now.

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).

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.