Informationen zum Autor Jerrold Mundis is a writer, speaker, and counselor. His books have been selected by the Book-of-the-Month Club, Literary Guild, One Spirit Book Club, and others, and translated into a dozen foreign languages. His short work has appeared in such publications as the New York Times Magazine and American Heritage . A recovered debtor himself, he is intimately familiar with the success of the Debtors Anonymous program. Mundis speaks regularly on debt and personal money for clients ranging from the U.S. Customs Service to the National Education Association, Unity Church, and professional societies and associations. He also works privately with individuals across the United States and in other countries as well, by telephone. Jerrold Mundis lives in New York City. Klappentext A simple, proven-effective formula for freeing yourself from debt-and staying that way • Revised and updated, with a new Preface by the author "A must read for anyone wanting to get their head above water."-The Wall Street Journal THE CLASSIC GUIDE, REVISED WITH UP-TO-THE-MINUTE INFORMATION OUT OF THE RED • Do this month's bills pile up before you've paid last month's? • Do you regularly receive past-due notices? • Do you get letters threatening legal action if immediate payment is not made? • Do the total amounts of your revolving charge accounts keep rising? INTO THE BLACK Whether you are currently in debt or fear you're falling into debt, you are not alone. Sixty million Americans-from doctors to secretaries, from executives to the unemployed-face the same problem and live under the same daily stress. Based on the proven techniques of the national Debtors Anonymous program, here is the first complete, step-by-step guide to getting out of debt once and for all. You'll learn • how to recognize the warning signs of serious debt • how to negotiate with angry creditors, collection agencies, and the IRS • how to design a realistic and painless payback schedule • how to identify your spending blind spots • how to cope with the anxiety and daily pressures of owing money • plus the three cardinal rules for staying out of debt forever, and much more! This book is neither sponsored nor endorsed by Debtors Anonymous. A recovered debtor, the author is intimately familiar with the success of the Debtors Anonymous program. Leseprobe What Is Debt? I.O.U. In its simplest definition, you are in debt when you owe some person or institution money. We need a refinement though. For our purposes, a secured loan is not a debt, even though money has been loaned to you. The Secured Loan To secure something is to make it safe. When you secure a loan, you free the lender from any risk of losing his money. That's why he's willing to lend it to you, he has no fear of loss. Your word, your good faith, even your unfailing history of repayment do not secure a loan. What happens if you have medical emergencies, lose your job, or simply go bonkers and run off to Brazil? If, for any reason, you just don't have the money to pay the loan back? The lender loses his money, that's what. Collateral, in its primary definition, is something that runs side by side with something else. In financial terms, collateral is property you pledge to the lender or actually give to him to hold during the course of the loan. That property is security, it's what makes the lender's money safe or secured. When you pay him back, he returns it to you. A loan from a pawnshop is a classic example. You bring your camera to the pawnbroker. He loans you $75. When you repay him the $75 (plus interest, of course), he gives your camera back to you. If you don't repay him, he keeps your camera. You don't own your camera anymore, but you don't owe him $75 either. The loan is over. Fine, you ...

Autorentext
Jerrold Mundis is a writer, speaker, and counselor. His books have been selected by the Book-of-the-Month Club, Literary Guild, One Spirit Book Club, and others, and translated into a dozen foreign languages. His short work has appeared in such publications as the New York Times Magazine and American Heritage. A recovered debtor himself, he is intimately familiar with the success of the Debtors Anonymous program. Mundis speaks regularly on debt and personal money for clients ranging from the U.S. Customs Service to the National Education Association, Unity Church, and professional societies and associations. He also works privately with individuals across the United States and in other countries as well, by telephone. Jerrold Mundis lives in New York City.

Klappentext

A simple, proven-effective formula for freeing yourself from debt-and staying that way • Revised and updated, with a new Preface by the author

"A must read for anyone wanting to get their head above water."-The Wall Street Journal

THE CLASSIC GUIDE, REVISED WITH UP-TO-THE-MINUTE INFORMATION

OUT OF THE RED
• Do this month's bills pile up before you've paid last month's?
• Do you regularly receive past-due notices?
• Do you get letters threatening legal action if immediate payment is not made?
• Do the total amounts of your revolving charge accounts keep rising?

INTO THE BLACK
Whether you are currently in debt or fear you're falling into debt, you are not alone. Sixty million Americans-from doctors to secretaries, from executives to the unemployed-face the same problem and live under the same daily stress. Based on the proven techniques of the national Debtors Anonymous program, here is the first complete, step-by-step guide to getting out of debt once and for all. You'll learn

• how to recognize the warning signs of serious debt
• how to negotiate with angry creditors, collection agencies, and the IRS
• how to design a realistic and painless payback schedule
• how to identify your spending blind spots
• how to cope with the anxiety and daily pressures of owing money
• plus the three cardinal rules for staying out of debt forever, and much more!

This book is neither sponsored nor endorsed by Debtors Anonymous. A recovered debtor, the author is intimately familiar with the success of the Debtors Anonymous program.

Zusammenfassung
A simple, proven-effective formula for freeing yourself from debt—and staying that way • Revised and updated, with a new Preface by the author
 
“A must read for anyone wanting to get their head above water.”—The Wall Street Journal
 
THE CLASSIC GUIDE, REVISED WITH UP-TO-THE-MINUTE INFORMATION
 
OUT OF THE RED
• Do this month’s bills pile up before you’ve paid last month’s?
• Do you regularly receive past-due notices?
• Do you get letters threatening legal action if immediate payment is not made?
• Do the total amounts of your revolving charge accounts keep rising?
 
INTO THE BLACK
Whether you are currently in debt or fear you’re falling into debt, you are not alone. Sixty million Americans—from doctors to secretaries, from executives to the unemployed—face the same problem and live under the same daily stress. Based on the proven techniques of the national Debtors Anonymous program, here is the first complete, step-by-step guide to getting out of debt once and for all. You’ll learn
 
• how to recognize the warning signs of serious debt
• how to negotiate with angry creditors, collection agencies, and the IRS
• how to design a realistic and painless payback schedule
• how to identify your spending blind spots
• how to cope with the anxiety and daily pressures of owing money
• plus the three cardinal rules for staying out of debt forever, and much more!
 
This book is neither sponso…