Customer Reviews

To Pay Or Not To Pay: Insider Secrets to Beating Credit Card Debt and Creditors

5 star:		(5)
4 star:		(1)
3 star:		(1)
2 star:		(2)
1 star:		(5)

 

 

I have over 5 years of professional credit repair experience and I know just about everything there is to know about credit repair. I have read many books on the subject, but this is the worst one I have ever come across! The author states that FICO scores are issued by TRW, yet TRW has not existed for over 10 years! He further states that the credit bureaus have 60 days to complete an investigation request by any consumer, yet the Fair Credit Reporting Act, cleary states that they have 30 days to conclude any investigation! The author goes on to say that writing letters will not work, which is precisely the way that I have helped hundreds of people, including myself. The author states that the only way to remove negative or inaccurate items is to sue the credit bureaus! Well, this is easily said than done and he knows it! This is yet another lie! For all I know, the author probably works for the credit bureaus and banks by feeding the reader false, inaccurate, outdated information and drilling to sue the bureaus and creditors, because he knows it is easier said than done! I do not like this book, I do not recommend at all and the writing style is just plain dumb as it has absolutely no logic and too much beating around the bush for nothing in order to make the book thicker. I can't understand how it got published!

This book is about how to sue creditors, banks and anyone else you owe money to so you can get your debt reduced or canceled. It's a good read, informative and kind of exciting depending on your situation.

The author is passionate about the topic and delivers a well rounded view with views from "The Holy Bible" to "The Art of War" which is part of the reason why it's a good read.

However, the author seems to be a very aggressive lawyer who has his own views on the legal system and reasons for ethically making decisions to fight back.

Anyway, the same day a read the book, my bank called and harassed me about my late payment and ironically they said things that were mentioned in the book that gave me a case against them. Well I called my dad who is a seasoned and successful business man, Retired Major General, to get his opinion. Considering his history with lawyers coming after his money and real estate over the years he was very calm and wise when he said, "I understand your situation and I understand that you can sue but the fact is you owe the money and you're going to pay it. You signed a contract and spent the money and that was the deal. It doesn't matter if your combined interest payments have payed the debt or more than the debt... you owe the money. Now lets come up with a plan on how to make some money and pay your debts."

So what's the verdict in what I think about the book? This book will fire you up to sue and will give you reason to sway your ethics. But if you've been abused by a creditor then maybe you do need to sue to at least reduce the debt or come up with a payment plan.

So if you've been abused and need some direction, get the book. If your debt is light and you don't have problems with creditors, get a book on how to manage your money (check out Dave Ramsey) and another on how to make money.

I give 4 stars because the book delivers. Less one star because it is strong in its ability to sway your ethics... but hey, the author is passionate and very focused.

I bought this book because I thought it might give me some ideas on how to fight credit card debt. And the book does deliver in this arena - it does give ideas, that may or may not be applicable to your situation. If you are already "enmeshed" in legal battles, the advice that Hilton offers, though, may not be applicable. Mostly what this book offered me was a sense of hope, some interesting information about the legal system and creditors in general, and some comfort in knowing that I am not alone in my "battle". The thing that most bothered me about this book was that there is no way to contact Mr. Hilton, no list of further resources, etc. His book is the only one, as far as I know, out there with this particular viewpoint. As such, I believe he should back up his book in a better way, by providing more information on how to contact him, a website, etc. He does seem to be passionate about this subject, and I can't understand why someone would write a book like this, and then just sort of leave the readers "hanging".

I started to skim this book to see what it was made of and to lock onto any interesting facts. What it is made of is a series of bland adjectives, witty phrases (at least the author seems to think so) that add nothing but filler, and broad and wasted analogies to great historical people and entities that the author seems impressed to have learned about. The whole thing reads like a Mitchner book, full of superlatives, with little fact or meaning. I.e. one section heading: "The Expert Witness: The Secret Weapon of the Countersuit." I have watched "Law and Order" on few occasions and they often have an expert witness - THIS IS NOT A SECRET. At another point the author states, "At Harvard Business School, MBA students are taught that the only thing that counts in life is the 'bottom line.'" I went to a Penn State masters program in business and learned the same thing. I was also required to take a business ethics course which supported this notion but also insisted that the best way to achieve it was through customer satisfaction, among other things. This customer is not satisfied with the book. I would sell it on AMZ as a used book, but would feel that I was ripping people off - even if I sold it for a cent. There are better books out there.

Hilton's book is excellent and his advice is good. Predatory credit granters ought to be sued and sued often. Don't be misled by the bad reviews posted here by -- guess who? -- minions of the credit industry. Hilton's advice is to simply turn the tables on your creditors -- sue them before they sue you. What after all, do you have to lose? If it doesn't pan out, well, there's always bankruptcy.

I read this book and the author is very vague about how you can go about doing some of the things he brings up in the book.
At least he could have suggested some lawyers that are versed on
how to proceed with some of this debt elimination tactics that he describes. After reading the book one is left to fend for oneself without much in the way of help or useful information just vague ideas.

Stanley Hilton has been suspended from the practice of law by the California State Bar pending full disbarment proceedings. Initiating documents relative to charges that involve moral turpitude are posted on the State Bar website.

[...]

"Not Eligible To Practice Law"

This is a beautifully written book. It is clear that the author is well informed and well read, often making clever allusions and drawing attention to relevant quotes. The book is meant to empower the debtor, both philosophically and practically. The author does not tell exactly how to file for a lawsuit (because that information would vary from state to state anyway), but he tells you what to be vigilant about, and points to many interesting loopholes in debt collection practices. This book breathed new life into my hope of getting out of debt, and eased my exasperation over my mounting credit card debt. The idea of debt is a culturally conditioned abstraction. The author is well suited to write about the topic, having earned both a J.D and an M.B.A. degree, and having practiced litigation in the field of debt for over 25 years. I can't wait for an updated version, but this is the book you need if you are considering settling debts. Bankruptcy is not your only option, and should be an absolutely last resort. If you are willing to use your head a little, this book can save your life, metaphorically and maybe literally!

Nothing will stop corporate America to raising credit card interest rates to 100% if they can get away from it. Sure you can sue the them, but did you know you can sue the company that issued that debt? Like the ENTIRE Board of Directors too? NOTHING will stop companies from REAPING off consumers faster then this book. I could not even read the fine print on my CC bill. This allows you to FIGHT back. Don't believe the reviews, this is a Harvard Lawyer, he's knows EXACTLY what he is talking about. Go Stanley, Go! :-)

This book make me nauseous. The tone, the message ... could hardly believe what I was reading. When I got to the page where Hilton states that credit scores (FICO) range from 0-1000 and are issued by TRW, I knew I couldn't trust this author. Come on, Mr. Hilton! Do your research. TRW has not existed as a credit bureau for at least 10 years and credit scores range from about 350-950 max depending on the credit bureau issuing. Isn't it funny how this clown nit picks and searches for the tiniest little error to have grounds to sue! sue! sue! (recommended repeatedly throughout the book) ... but can make inaccurate statements in his book like it's no big deal. I hope someone sues! sues! sues! him for writing this ridiculous book. Do not waste your money on this one. For sure I won't donate it to my library. Someone might accidently read it.