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  • Debt & Bankruptcy Terms: Financial Education Is Your Best Investment

  • The Simple Guide to Debt Management, Collection & Consolidation, Debt Relief & Elimination
  • By: Thomas Herold
  • Narrated by: William Bahl
  • Length: 10 hrs and 55 mins
  • 4.0 out of 5 stars (5 ratings)
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Debt & Bankruptcy Terms: Financial Education Is Your Best Investment

By: Thomas Herold
Narrated by: William Bahl
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Summary

Learn important debt and bankruptcy terms you should know.

Bankruptcy is fast becoming an everyday topic of conversation. Like most specialties, bankruptcy law has a language of its own. Its unfamiliar words and phrases make it difficult to comprehend.

It is important to understand key terms and phrases while going through the bankruptcy process. Not only will this help when speaking with your lawyer but also assist you if you are required to go to court.

If you are filing for bankruptcy, it is important to understand each term so that you understand each person’s role and what is happening. You do not want to misunderstand the different types of debts or assets and confuse which debts may be wiped out or what property may be taken and sold in order to pay off your debts.

This practical debt and bankruptcy guide helps you understand:

  • Debt inheritance
  • Dealing with tax debt
  • Steps to pay off debt
  • Debt relief and debt forgiveness
  • The debt collection process
  • Good and bad debt
  • Downside of filing for bankruptcy
  • Steps detailing what happens if you declare bankruptcy
  • Ways how bankruptcy works and who pays for bankruptcies
  • Effects of declaring bankruptcy
  • The three types of bankruptcies

If you don't understand various financial terms, chances are you may inadvertently damage your credit or even end up deeper in debt. This practical audiobook explains over 140 of the most important and commonly used debt and bankruptcy terms. Every term is explained in detail, with clear and concise article style description and practical examples.

©2019 Thomas Herold (P)2019 Thomas Herold

What listeners say about Debt & Bankruptcy Terms: Financial Education Is Your Best Investment

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Good info earned

The book is easy to listen to with a lot of great dept and bankruptcy terms. Each of them is written in detail and very informative. Well worth it. Well worth the listen and it'll save you a fortune.

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Great Quotes

I liked the straightforward way the information about tackling your debt tax problem is laid out. I agree with Herold that in difficult situations like dealing with the IRS it is critical to have good professional assistance. I also agree with Herold that before hiring that professional you need to educate yourself enough to make sure you are not being taken advantage of while you are in this vulnerable position.

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Book pace and be kind to your body.

I was told about this book by a friend who used it to clean up her credit. I needed to refinance my car so I could pay my student loans. I also had weird stuff on my credit report. This book help me clear up my credit and how to better manage my debit.

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uplifting, motivating, and inspiring

Yes clearly written and fully explained on how bankruptcy works and who pays for bankruptcies!.. ... Highly recommended!... But then what do you expect from a Rich Dad advisor and a personal lawyer!...

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At last, someone exploring ideas again.

This book very clearly explains the ways to get out of debt. I feel like I have a much better understanding of the problems of bad debt and the benefits of good credit after listening it.

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