Debt Relief

Endgame: The End of the Debt Supercycle and How It Changes Everything

Greece isn’t the only country drowning in debt. The Debt Supercycle—when the easily managed, decades-long growth of debt results in a massive sovereign debt and credit crisis—is affecting developed countries around the world, including the United States. For these countries, there are only two options, and neither is good—restructure the debt or reduce it through austerity measures. Endgamedetails the Debt Supercycle and the sovereign debt crisis, and shows that, while there are no good choices, the worst choice would be to ignore the deleveraging resulting from the credit crisis. The book:

Reveals why the world economy is in for an extended period of sluggish growth, high unemployment, and volatile markets punctuated by persistent recessions
Reviews global markets, trends in population, government policies, and currencies

Around the world, countries are faced with difficult choices. Endgame provides a framework for making those choices. Q&A with Authors John Mauldin and Jonathan Tepper

Author John Mauldin

What is the debt supercycle? Over a period of about sixty years, debt levels grew faster than incomes. This increase in debt became particularly pronounced in the 1980s, 90s and finally went parabolic after the Federal Reserve lowered interest rates to 1% after the Nasdaq crash. The increase in debt was not just a US phenomenon. As interest rates fell structurally with the fall in inflation from 1982 onwards, people took on more debt because it became more manageable. However, by 2008 the burden of debt became too much to bear and the debt supercycle came to an end. People started deleveraging and banks started collapsing due to low levels of capital and large losses from loans people couldn’t pay back. How does the sovereign debt crisis play into this? The rapid contraction in debt levels due to default and deleveraging lead to a fall in economic activity as people started saving and cutting spending. Governments immediately stepped in and backed bank debt with explicit guarantees. Governments also started borrowing and spending to transfer money to the private sector, for example via unemployment insurance. So in a very real sense, private borrowing was replaced with public borrowing. Debt was added onto more debt. Rather than free itself of debt, the system now has more debt. The sovereign debt crisis is the recognition that most of this debt will not be paid back, and governments are making promises to pay debt and other obligations, for example general spending and pensions, that they simply lack the ability to fulfill. What is the impact of the end of the debt supercycle?

Author Jonathan Tepper

The end of the debt supercycle and the beginning of the sovereign debt crisis present problems and challenges for investors and governments. Governments will need to either 1) inflate, 2) default or 3) devalue, which is similar to inflate. That is the way governments have historically dealt with too much debt. Some countries will experience deflation and others inflation, depending on what choices governments make. Currently governments have only bad and worse choices. Let’s hope they can choose wisely. What do you predict for the next ten years? Central banks globally have shown a predisposition to print money to solve problems. We forsee rising inflation in many parts of the world, reductions in real income as people lose purchasing power due to higher food and fuel prices and more macroeconomic volatility. Some countries that do not control their own money supply or are running pegs may experience deflation as they are forced to delever and cannot increase the money supply to counteract the weight of deleveraging. You cite the events in Greece as an example of a country continuing to run massive deficits. Is there an example of a country making a better choice? The UK is making some of the right steps to control spending, but even the UK could be more draconian. In nominal and real terms, government spending in aggregate will not be cut in the UK. Also, Iceland has made positive steps by defaulting on its debt effectively. Default is a good way to cure too much debt.

$ 14.17

Master Your Debt: Slash Your Monthly Payments and Become Debt Free (Lynn Sonberg Books)

Strategies and tools to live debt free

The world of borrowing and debt management has changed dramatically, leaving people confused about how best to secure their financial future. This book is the only guide with detailed advice to help you become debt free or master the debt you have, based on the latest laws and new government programs and policies implemented under the Obama administration.

Is the information and advice on debt management different than in years past? Definitely. In this savvy, engaging guide, bestselling financial expert Jordan Goodman will tell you how to

Win the mortgage game: avoid foreclosure, obtain the best refi, and modify your mortgage even if it is “under water”
Clean up your credit report and dramatically boost your credit score
Negotiate new terms and payments for burdensome medical bills, student loans, and credit cards
Protect yourself from the devastation of identity theft
Master the new credit card rules, and avoid the rate and fee traps
Learn a revolutionary strategy that will help you become mortgage free in 5 to 7 years, change the way you pay all your bills, and save hundreds of thousands of dollars

Master Your Debt recommends many pioneering strategies as it lays out an innovative plan for achieving the elusive goal of financial success. The book is filled with helpful web sites, toll free numbers, associations and government agencies, and vetted companies and services to help you implement this advice. In today’s volatile economy, getting out of debt is the key to surviving and thriving, and author Jordan Goodman provides you with the strategies and tools to live debt free.

$ 12.12

Managing Debt For Dummies

If you’re trying to kick the “Buy Now/Pay Later” habit and get your spiraling debt under control, you need Managing Debt For Dummiesnow! This practical, commonsense guide provides straightforward strategies for coping with every kind of secured and unsecured debt, including, personal loans, car loans, mortgages, home equity loans, lines of credit, credit cards, finance company loans, and student loans. You’ll find out how easy it is to:

Distinguish between good and bad debt
Go on a “debt diet” to get back into financial shape
Start a filing system to track debt and protect life after debt
Adopt a smart spending regimen
Increase your income
Consolidate your debt
Decide which bills to pay when you can’t pay them all
Use credit cards responsibly

You can still live well while slashing spending on groceries, clothing, and entertainment. Find out how in Managing Debt for Dummies.

$ 4.64

The Complete Idiot’s Guide to Getting Out of Debt

Borrowing from Peter to pay Paul?

The American economy is dragging, with unemployment rates rising and consumer debt hitting $2.5 trillion. Many people are in deep and need help. Here, a Certified Financial Planner explains the mathematics of debt; strategies to deal with credit card, mortgage, student, and other loans; why debt consolidation and taking loans from a 401(k) can lead to problems; truths about bankruptcy; and how to use debt while eliminating it.

*Includes essential resources and websites, sample letters and forms, loan forgiveness programs, bankruptcy resources
*Author a Certified Financial Planner
*Covers every kind of debt, mortgages to credit cards to student loans
*National credit card debt is growing exponentiallyBorrowing from Peter to pay Paul?

$ 16.95

Debt-Free U: How I Paid for an Outstanding College Education Without Loans, Scholarships, or Mooching off My Parents

This book can save you over $100,000

These days, most people assume you need to pay a boatload of money for a quality college education. As a result, students and their parents are willing to go into years of debt and potentially sabotage their entire financial futures just to get a fancy name on their diploma.

But Zac Bissonnette is walking proof that this assumption is not only false, but dangerous-a class con game designed to rip you off and doom your student to a post-graduation life of near poverty . From his unique double perspective-he’s a personal finance expert (at Daily Finance) AND a current senior at the University of Massachusetts-Zac figured out how to get an outstanding education at a public college, without bankrupting his parents or taking on massive loans.

Armed with his personal knowledge, the latest data, and smart analysis, Zac takes on the sacred cows of the higher education establishment. He reveals why a lot of the conventional wisdom about choosing and financing college is not only wrong but hazardous to you and your child’s financial future. You’ll discover, for instance, that:

* Student loans are NOT a necessary evil. Ordinary middle class families can- and must-find ways to avoid them, even without scholarships.

* College “rankings” are useless-designed to sell magazines and generate hype. If you trust one of the major guides when picking a college, you face a potential financial disaster.

* The elite graduate programs accept lots of people with non-elite bachelors degrees. So do America’s most selective employers. The name on a diploma ultimately won’t help your child have a more successful career or earn more money.

Zac can prove every one of those bold assertions – and more. No matter what your current financial situation, he has a simple message for parents: “RELAX! Your kid will be able to get a champagne education on a beer budget!”

$ 6.50

Web of Debt

EXPLODING THE MYTHS ABOUT MONEY. Our money system is not what we have been led to believe. The creation of money has been privatized, or taken over by a private money cartel. Except for coins, all of our money is now created as loans advanced by private banking institutions — including the private Federal Reserve. Banks create the principal but not the interest to service their loans. To find the interest, new loans must continually be taken out, expanding the money supply, inflating prices — and robbing you of the value of your money. Web of Debt unravels the deception and presents a crystal clear picture of the financial abyss towards which we are heading. Then it explores a workable alternative, one that was tested in colonial America and is grounded in the best of American economic thought, including the writings of Benjamin Franklin, Thomas Jefferson and Abraham Lincoln. If you care about financial security, your own or the nation’s, you should read this book.

$ 20.75

Debt Cures: “They” Don’t Want You to Know About

Are you getting deeper and deeper into debt while they make bigger and bigger profits? Not after you read…Debt Cure$ They Dont Want You To Know About!In this new book, Kevin Trudeau blows the lid off the banking and credit card industries, exposing the greatest rip off of our citizens in this nations history. The credit card industry is one of the most profitable industries in this country, but they dont want you to know it. You can fight back! You can apply Kevins solutions to your debt problems, and keep more money in your pocket today. You can learn how to use credit to build wealth! Read Debt Cure$ and cure your debt forever. You will learn: * How the credit lending business is rigged against you! * How the financial industry wants to keep you in debt! * How the banks and credit card companies are making obscene profits off of you and how you can change that! * How to reduce or possible totally eliminate your debt! * How you could cut your payments in half! * How to correct your credit with two magic words! * How to improve your credit virtually overnight! * How to get free money that you never have to pay back! * Find out why the financial industry wants to keep you in debt. * Turn bad debt into good credit. * Create wealth through financial health.

$ 3.95

The Simple Dollar: How One Man Wiped Out His Debts and Achieved the Life of His Dreams

Struggling with debt?

Frustrated about work?

Just not satisfied with life?

“Trent Hamm set out to boost his happiness by freeing himself from debt. This account of how he succeeded, and how he was able to construct the life he’d always wanted, will inspire readers to put his ideas to work in their own lives.”

–Gretchen Rubin, author of the #1 New York Times best seller, THE HAPPINESS PROJECT

“The Simple Dollar paves the way to an uncluttered financial and richly rewarding life. Trent’s experiential advice prepares readers for the expected–and most importantly the unexpected–complexities of the modern economic world. Live debt free, mind the gap, and find a framework to get the secure and happy life you desire.”

–Erin Rooney Doland, author of Unclutter Your Life in One Week and Editor-in-Chief, Unclutterer.com

“If you feel like your finances are out of control, read The Simple Dollar. Trent Hamm burns with the unforgettable fire of someone who has gone from debt to wealth, and this book can inspire you to do the same.”

–J.D. Roth, author of Your Money: The Missing Manual and editor of GetRichSlowly.org

The Simple Dollar can change your life.

Trent Hamm found himself drowning in consumer debt, working in a job he couldn’t stand… and figured out how to escape that debt and build the fulfilling career he’d always dreamt about, all at the same time.

Hamm shared his experiences at TheSimpleDollar.com—and built it into one of America’s top personal finance websites. Now, The Simple Dollar is a book: packed with practical tips, tools, and lessons you can use to transform your life, too.

This isn’t just “another” personal finance book: it’s profoundly motivating, empowering, practical, and 100% grounded in today’s American realities. Trent Hamm will show you how to rewrite the rules, creating healthier relationships with money… and with your loved ones, too. With his help, you can get out of debt, start moving forward, and build the strong personal community that offers true happiness—no matter what happens to the economy.

· Escape the plastic prison, and stop running to stand still

5 simple steps to eliminate credit card debt… and 5 more to start moving forward

· Shift your life’s balance towards more positive, stronger relationships

Learn how to put the golden rule to work for you

· Discover the power of goals in a random world

Then, learn how to overcome inertia, and transform goals into reality

· Navigate the treacherous boundaries between love and money

Move towards deeper communication, greater honesty, and more courage

$ 10.99

Negotiate and Settle Your Debts

Considering debt settlement? Use this extremely inexpensive way to do your own negotiating and settling of your credit card debt. Free yourself from debt slavery! Save yourself hundreds, even thousands of dollars with this very informative book.

This book contains sample Debt Settlement Letters to the Credit Card Companies, Instructions on the timelines necessary, How and when to start negotiating with your creditors, What happens for each month you go late, Sample Credit Repair Letters, Information about the Statute of Limitations and FDCPA, Information about the IRS Debt Forgiveness laws including Insolvency and Recent debt settlement letters of the authors from Bank of America for 20 cents on the dollar. These are easy, simple to follow steps, which allow you to take back control of your financial future. Take action on your credit card debt today and discover the secrets the debt settlement companies and banks don’t want you to know!Considering debt settlement? Use this extremely inexpensive way to do your own negotiating and settling of your credit card debt. Free yourself from debt slavery! Save yourself hundreds, even thousands of dollars with this very informative book.

$ 29.97

Life or Debt 2010: A New Path to Financial Freedom

HOW WOULD YOU FEEL IF YOU NEVER HAD TO PAY OFF ANOTHER DEBT AGAIN?
NO CREDIT CARD PAYMENTS!
NO MORTGAGE PAYMENTS!
NO AUTO LOAN PAYMENTS!

If your answer is “free” or “secure” or even “happy,” then this step-by-step guide to eliminating debt forever is the book for you. Stacy W. Johnson, the creator of the personal finance news series Money Talks, has already helped millions of people get out of debt, achieve financial freedom, and earn from wise investments. Now, just by reading this down-to-earth book filled with no-nonsense facts, you too can share the secrets of an amazing program that will allow you to regain control and win you financial freedom for the rest of your life.

Practical worksheets (each with detailed examples) will help you figure out the real numbers you need to know:

How much do you really earn?

How much do you really owe?

How do you create a personalized DEBT DESTROYER?

And finally, when you are free of debt forever, learn the ultimate tool that will transform the rest of your life…how to convert your Debt Destroyer into a Money Machine that will keep you solvent and happy even after you retire.

$ 0.84

The Road Out of Debt: Bankruptcy and Other Solutions to Your Financial Problems

A practical guide to getting out of debt and understanding the option of personal bankruptcy

The current credit and financial crises have prompted Joan Feeney, a preeminent Massachusetts Bankruptcy Judge, and Theodore Connolly, a Finance and Bankruptcy Attorney, to write a book that will help people handle their financial troubles. The Road Out of Debtseeks to assist those considering bankruptcy by demystifying the bankruptcy process and explaining what you can expect to gain (or lose) from it.

With the insights of both a bankruptcy judge and a bankruptcy lawyer, you’ll be able to determine when it’s best to avoid bankruptcy, when you should seek bankruptcy protection, and, most importantly, how best to work through the bankruptcy process, if you so choose. With millions of Americans personally facing dire financial situations, job losses, home foreclosures, and other major financial challenges, no book could be more timely.

An exceptional resource for anyone contemplating bankruptcy or otherwise trying to figure out how to handle their debt
Puts the bankruptcy process in perspective and reveals specific steps to follow
Discusses how to decide whether or not bankruptcy is the right path for you
Written by a well-respected bankruptcy judge and bankruptcy attorney

As more people find themselves entering financial difficulties, an increasing number of them will need information to help them through these problems. The Road Out of Debt provides you with the serious solutions needed to overcome a personal financial crisis.

$ 11.00

Debt-Free on Any Income

Money- it’s a word no one can feel neutral about. Authors and money-management experts Lyle and Tracy Shamo say, “Like it or not, meeting basic needs has nothing to do with poverty and everything to do with how well we manage our money.” In this practical guidebook, the authors will help you take control of your money, teaching you how to pay off your debt-including your mortgage and car loans- and stay out of debt. Advanced computer software (included on a CD-ROM that comes with the book) will help you assess your financial status, learn more about where your money is going and discover how to channel it to the right places.

$ 12.85

The New Empire of Debt: The Rise and Fall of an Epic Financial Bubble

An updated look at the United States’ precarious position given the recent financial turmoil

In The New Empire of Debt, financial writers Bill Bonner and Addison Wiggin return to reveal how the financial crisis that has plagued the United States will soon bring an end to this once great empire.

Throughout the book, the authors offer an updated look at the United States’ precarious position given the recent financial turmoil, and discuss how government control of the economy and financial system-combined with unfettered deficit spending and gluttonous consumption-has ravaged the business environment, devastated consumer confidence, and pushed the global economy to the brink. Along the way, Bonner and Wiggin cast a wide angle lens that looks back in history and ahead to the coming century: showing how dramatic changes in the economic power of the United States will inevitably impact every American.

Reveals the financial realities the United States currently faces and what the ultimate outcome may be
Weaves together the worlds of politics, economics, and personal finance in a way that underscores the severity of the situation
Addresses the events leading up to the implosion of the U.S. financial system
Looks ahead to help you avoid the pitfalls presented by a weaker United States
Other titles by Bonner: Empire of Debt, Financial Reckoning Day, and Mobs, Messiahs, and Markets
Other titles by Wiggin: I.O.U.S.A., Demise of the Dollar, and Financial Reckoning Day

The United States is heading down a difficult path. The New Empire of Debt clearly shows how this has happened and discusses what you can do to overcome the financial challenges that will arise as the situation deteriorates.

$ 2.50

How To Settle Your Debts

How To Settle Your Debts is an all-inclusive enlightening guide to help individuals, families and small businesses eliminate debt without bankruptcy, debt consolidation and the damage they can cause. You learn how to legitimately eliminate debt and totally improve your life while maintaining your dignity and your reputation.

The author, a CPA and a former collection agency owner, offers solutions based on his insider knowledge of the debt collection establishment. He gives you the know-how, the tools and an understanding of your leverage that provides the confidence you need to do the job. You learn how to eliminate debt while minimizing the cost and the credit damage it can cause. Even if you re on the brink of financial ruin, you will learn how to regain financial health and get a fresh start.

How To Settle Your Debts is written in an informal style and an outline format to promote understanding and ease of reading. With its comprehensive index, it can be used as a reference manual as well as a do-it-yourself guide. It s for all those whose debts continue to grow and whose lives are being shattered by them. Below is a description of how the book will help you understand your problem and guide you to take the action necessary to end it:

You will learn the basics – fundamentals about debt, the risks of failing to pay and what creditors and debt collectors can and cannot do to collect.

You will learn about who you re up against – who the predators are and how to recognize and avoid their cons and their traps.

You will learn about your rights and how to use them to advantage – laws enacted to protect you from abuse and to punish collectors and who violate them.

You will learn to understand your problem with debt – how to expose it, examine it, evaluate it and how it’s impacting your life.

You will learn about options that are available to deal with debt – how to select the one that works best for your situation and needs.

You will learn how to apply your debt solution – create and implement a plan to eliminate your debts based on your circumstances and resources.

You will learn to outwit you adversary (creditors, collectors, attorneys) – by understanding what their weaknesses are and by using “Dirty Tricks” to frustrate and discourage them.

You will learn to negotiate and use leverage you have – to convince creditors and collectors to set up arrangements to workout and settle your debts.

You will learn how to protect your assets – and your privacy and to maintain repair and rebuild your credit.

You will learn to deal with – lawsuits, judgments, secured debts, tax debts and how such obligations can often be settled or otherwise favorably resolved.

You will learn to deal with student loan debt – cope with repayment problems and how to take advantage of their favorable terms.

You will learn how to settle business debts – and save your business from bankruptcy and financial ruin.

And, you will learn how to get help if you need it – and how to avoid all the scam artists who are waiting to rip you off.

In summary How To Settle Your Debts puts you in control of your finances. It provides the knowledge, insight and the confidence you must have to eliminate debt, protect your assets and privacy and rebuild your credit. You will be able to stop collector harassment, avoid the myriad dishonest debt solution schemes, and escape from debt without the self-defeating and demeaning ordeal of bankruptcy.

$ 8.95

Debt of Bones (Sword of Truth Prequel Novel)

A milestone of storytelling set in the world of The Sword of Truth, Debt of Bones is the story of young Abby’s struggle to win the aid of the wizard Zedd Zorander, the most important man alive.

Abby is trapped, not only between both sides of the war, but in a mortal conflict between two powerful men. For Zedd, who commands power most men can only imagine, granting Abby’s request would mean forsaking his sacred duty. With the storm of the final battle about to break, both Abby and Zedd are caught in a desperate fight to save the life of a child…but neither can escape the shadow of an ancient betrayal.

With time running out, their only choice may be a debt of bones. The world-for Zedd, for Abby, for everyone-will never again be the same.

Discover why millions of readers the world over have elevated Terry Goodkind to the ranks of legend.

$ 2.29

Debt of Honor (Jack Ryan)

In a world at peace, Jack Ryan is the President’s National Security Advisor-but the wages of peace are as complex-and devastating-as war itself.Razio Yamata is one of Japan’s most influential industrialists, and part of a relatively small group of authority who wield tremendous authority in the Pacific Rim’s economic powerhouse. He has devised a plan to cripple the American greatness, humble the U.S. military, and elevate Japan to a position of dominance on the world stage. Yamata’s motivation lies in his desire to pay off a Debt of Honor to his parents and to the country he feels is responsible for their deaths: America. All he needs is a catalyst to set his plan in motion. When the faulty gas tank on one Tennessee family’s car leads to their fiery death, an opportunistic U.S. congressman uses the occasion to rush a new trade law through the system. The law is designed to squeeze Japan economically. Instead, it provides Yamata with the leverage he needs to put his plan into action. As Yamata’s plan begins to unfold, it becomes clear to the world that someone is launching a fully integrated operation against the United States. There’s only one man to find out who the culprit is: Jack Ryan, the new president’s National Security Advisor.