Debt Cleanse

How To Settle Your Unaffordable Debts For Pennies On The Dollar (And Not Pay Some At All)

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Pub Date 16 Feb 2016 | Archive Date 23 Dec 2019

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Description

Jorge Newbery erased his debts without filing bankruptcy. Now you can, too. Like many Americans, Newbery struggled with debt. But unlike most people, he owed more than $26 million.

Creditors swarmed after a natural disaster devastated his multi-million dollar business. The stress was crushing. He needed a way out — and what he discovered will amaze you.

His breakthrough came practically by accident. One of his creditors made a sloppy legal mistake, and he battled the creditor all the way to the Missouri Court of Appeals. The court ruled that the entire debt — nearly $6 million — was "inadvertently extinguished.” It didn't have to be paid. It was completely eliminated.

Newbery applied the powerful techniques he had learned to all his other debts. The results were astonishing. One after another, his debts were either settled or gone forever.

Now, Newbery reveals his proven debt-cleansing methods. In simple, step-by-step instructions, you’ll learn how to…

*  Assert your rights and defend yourself against creditors.

*  Stop making payments — and turn that to your advantage.

*  End harassing collection calls.

*  Dispute your debts to stack the odds in your favor.

*  Uncover deficiencies that can put money in your pocket.

*  Protect your assets from creditors (100% legally).

*  Negotiate the best possible settlements.

*  Be debt-free for life.

Debt Cleanse shows you how to gain leverage over your creditors. You can settle your unaffordable debts for pennies on the dollar – and not pay some at all. Don't let your debt burden you one more day.

Jorge Newbery erased his debts without filing bankruptcy. Now you can, too. Like many Americans, Newbery struggled with debt. But unlike most people, he owed more than $26 million.

Creditors swarmed...


Available Editions

ISBN 9781619613225
PRICE US$9.99 (USD)

Average rating from 8 members


Featured Reviews

Debt Cleanse is a informational guide for reducing or eliminating debt and avoiding abusive debt collection. Released in 2016, it's 418 pages and available in paperback, audio, and ebook formats.

This is an exhaustive, well annotated guide to the legal ins and outs of the debt collection industry, and how to ameliorate or eliminate consumer debt. I am conflicted about this guide. It is absolutely 100% true that student, medical, and usurious consumer debts are crippling Americans and in some cases driving them to desperation (and in extreme cases, losing their lives from stress related illnesses and suicide). On the other hand, this guide's 'stick it to the man and refuse to pay debts' vibe doesn't resonate well with me. There is a lot of advice about exploiting loopholes and sloppy record-keeping on the part of debt collection agencies in order to avoid having to pay debts. The author jokes about making bad credit scores sexy, and advises consumers to just stop paying bills and stockpile cash in order to avoid having assets seized. He also advises shifting jobs multiple times to avoid garnishment of wages. The author also seems a little jolly about his own harrowing experiences after a natural disaster wiped out his own business and left him over 25 million dollars in debt.

On the other hand, predatory lending practices and the abuse of the vulnerable lower and middle classes have resulted in a latter day medieval serf slave class who are unlikely to escape literal financial servitude in their lifetimes (and indeed are selling their descendants into the same awful perils).

This book provides a number of form letters that readers can use to require proof of debts, as delaying tactics, and possibly get some debt freedom since lenders generally concentrate on the vast majority of debtors who don't/can't fight back.

Four stars.

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Honest and in-depth advice for reaching your full potential. This advice is presented in easy to follow language that can be broken up and applied in pieces at a time.

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I'm in the UK and started reading this book only to find the first piece of info is for a US only site. I was also cautious of using the info word for word as the laws in the US may be similar to the UK but we have a different system so I'm afraid if getting caught out.
That said there are some great principles in here and the logic still stands. With a bit of planning I'll be able to apply this to the UK. With that in mind, if you're willing to research and adapt it's a great resource.
Thank you!

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Good book to help with debt. Thanks to Netgalley, the author and the publisher for the arc of this book in return for my review. Receiving the book in this manner had no bearing on my review.

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I received this book from NetGalley and the publisher in exchange of an honest review. I have read a variety of financial literacy and finance books throughout the years. I also have listened to many podcasts , attended webinars and done my own research on money matters. I say all that to say that this book is a great way to learn about money. I love that there were step by step plans and this book is great changing mindset.

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