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I read the book "Debt Cures" by Kevin Trudeau, and learned many things about outstanding debt. It really helped me to deal with debt collection agencies who used unfair or even illegal methods to collect on debts. Some debts are so old that the collection agency can't legally even call about them. But if a debtor makes any offer of repayment, it starts the clock ticking again. Trudeau also mentioned that the agencies who harass debtors can be stopped simply by telling them not to call anymore and that you will send a letter backing up your request. Excellent information that can be used by anyone hounded with debt collection agencies. He also informs in the book that filing for bankruptcy usually isn't a good option for most people and that filing probably won't stop some debt collectors from calling anyway. I thought that he got a bit verbose at times, and found that I could merely browse and skip through some parts of the book, but even so, gleaning what I did from his book was very valuable information and worth the cost of the book. One of the most important pieces of information he gave was information on how long each state holds debtors liable for repayment. After the time period each state specifies, the debt is no longer collectible. If a buyer has purchased an item with a credit card, chances are that the buyer paid well more than the item cost in fees and if unable to repay an entire credit card balance, they can be assured that the remaining debt is not valid after the state legislated period of time. It is a book worth your time if you worry about debt or know someone who does. The information is valuable and useful and the cost of the book can be easily recouped if the reader has debt problems which can be solved using Kevin Trudeau's suggestions.Read full review
I found the book had a few good bits of information. However after, reading other books over the past years, such as Life After Debt, I found that Keven Trudeau's Debt Cures seemed to contain previously written content. It seemed that most everything I read in the book, I had already read in different books, so I questioned if the few good points I found in Kevin's book that I had not read before was perhaps only because I had not already purchased the book those tips came from. If in the past you have read other books that provide debt cure information, you may want to save your money and not purchase this book. If this is your first book on how to get out of debt you will find something that will help you in Kevin Trudeau's Debt Cures.
193 of 244 people found the following review helpful: Advice so simple, of course you wouldn't believe it, January 21, 2008 By M. Raguz I've decided to do an actual BOOK REVIEW, rather than an author review. Sure, Kevin made some mistakes in the past, but nobody's perfect, not even his worst critics. It's my deep belief that if you rip on wealthy people, you probably aren't wealthy and never will become wealthy. So I stay open to what Kevin has to say. So on that note, I've actually read the book from cover to cover and can honestly tell you that despite his repeating the same basic ideas and how people used the Debt Cures methods over and over, the advice in the book is simple & solid for someone like me who is dealing with debt collection scumbags. Like Kevin's previous books, there's alot of eye-opening and anger-inducing information. He tells you how to set up an income statement and balance sheet to document your net worth (handy for reducing your debt amount), the details of your credit score, credit repair, basics on how to deal with collection agencies, applying for grants, and getting started with financial freedom. I'd say the best place to start researching fair debt collection is on the internet, IF you know where to look. However, if you are in getting harassed by bill collectors and completely clueless about your options, this book is a good place to start, but to me it's most useful for the other topics I described previously. Worth a careful read.Read full review
I am almost through this book and it is great, i thought the debt expiration chapter was awsome because i had a debt that was 9 years old, I was a teenager when i made this debt and they contacted me to pay it 9 years later, i wanted to fight it but didnt know how and so i payed it. Now i have the knowledge on how to fight it if it ever happened again. I love this book and i would recommend it, it may not fix everybodys debt problems like he says overnight but i feel VERY knowledgable on how credit works now and credit card companies and it makes me feel more confident when i deal with them. I have never argued with companies over fees and extra charges i have always paid them but this book explained them all so well that now i know i need to argue them and try to get out of them or have them reduced.Read full review
I havnt completed the book yet but everything so far is good information. I do wish there was a little more help about the grant info. Yes if I had it to do over again yes, I would have bought it. Debt is something that is ramped in America. I myself as a disabled Iraqi Freedom Veteran have encored a major amount of debt and have become homeless. I do have some income but it is hard to find a job in what I know with my injuries. But I am at least working on some of the strategies in "Debt Cures" to change my situation. I hope the best of luck to all. Remember "Freedom Is Not Free" But Neither is the cost of staying in Debt. Sincerely, Dan The Falcon Man
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