Your Rights When You Owe Too Much (Legal Survival Guides)

Rev. ed. of: Debtors'rights. 3rd ed. 1998. Each week brings news of corporate downsizing and major changes in the way we are doing business in our country. While unemployment has recently been at an all-time low, it is beginning to move toward the other end of the spectrum. The tide is turning, and once again, we are faced with the need to find employment at a salary that we have grown accustomed to spending. If this doesn't happen quickly, the lenders who were pursuing you to lend money will soon be pursuing you to get the money back if you fail to pay.
This timely update explains that dealing with financial setbacks effectively is a combination of understanding what your rights are; understanding to what extent a creditor can go to collect a debt; and, understanding how to defend yourself against illegal actions that may be taken.
A new section on the most frequently asked twenty-five questions with extensive answers helps the reader grasp quickly the reality of the financial situation and to elimiate the emotional part. Updated sections concerning credit reports, credit reporting agencies and truth in lending disclosures as it relates to the IRS are also included.

Author BiographyGudrun Nickel received her bachelor's degree from the University of Kansas, her master's degree from the University of Wisonsin-Milwaukee, and her law degree from Washburn University of law in Topeka. Licensed to practice law in Florida, Illinois, Kansas, and Montana, Ms. Nickel currently resides in Naples, Florida.

Discusses how debtors can settle debts without legal assistance, defines different debt types, examines options available to both debtors and creditors, and describes how to budget and perform a personal assessment A comprehensive guide for repairing poor credit, dealing with debt and keeping your good credit rating