This will be the last review post of the new Debt Cures 2 book from Kevin Trudeau.

If you have already not decided about whether you want to buy the book or not after the past six review posts than anything else I say won’t sway you one way or the other.

I don’t make any commissions from promoting the Debt Cures 2 book.

I do have my own copy of the book along with his new Free Money book.
What a
So with that said let’s start with chapter 21 which is about bankruptcy.

Bankruptcy can be a good option for people to try and get a fresh start — if you can get Chapter 7 bankruptcy.

Bankruptcy is not in your best interests though. The credit card companies have rigged the bankruptcy system in their favor and from all I’ve read and Debt Cures 1 and Debt Cures 2 and all the other books out there this is true.

Kevin Trudeau talks about people over age 55 being the one of the fastest growing groups filing for bankruptcy these days.

And this is kind of sad. People are supposed to be preparing for retirement instead of going through one of the worst financial crises of their lives.

He talks about why it may be for you through no fault of your own.

If you are insolvent bankruptcy may be for you. But it’s on the record for at least 10 years. Make sure you look at all the other options before you go down this route. Make sure you especially take a look at debt settlement before you decide on bankruptcy.

Chapter 22 is about free money.

This is probably everyone’s favorite chapters.

He offers a new site to learn about over $400 billion in government grants.

You answer a survey of 46 questions in 5 to 10 minutes and find out what you were eligible for.

This chapter has more sites than in the previous Debt Cures book.

He offers sites and telephone numbers to possibly save you money on your bills. There are many government assistance programs out there. They are making it easier and easier to find out about them and apply for them.

But you have to take action on this information.

Approximately 1,000,000 people get money every year from the government. You will not get any if you don’t apply.

Here is an interesting tip: you don’t like lawyers and lawsuits but they may be one source of free money from class-action lawsuits.

And it’s true because in the past I’ve actually received a very small amount of money through a class-action lawsuit, I believe it was from an Allstate insurance settlement.

Chapter 23 is more money from Uncle Sam and others.

Did you know there is over $15 billion in unclaimed money? Have you searched your name and your relatives? I found some money was owed to me. Maybe there is some out there for you.

Trudeau has several pages about tax credits available to you from the government. This is good information compiled all in one location.

You may know about the earned income credit, but do you know about the advanced earned income tax credit? You can get the money in your paycheck now instead of when you file your tax returns.

There is also free money for emergencies, this is a good tip for those unexpected emergencies.

There is some free money for students who want to travel overseas and also learn languages deemed important to national security.

This information is expanded more than the first Debt Cures book was. This is good information if you use it. It’s just another resource that makes the book a good deal.

Chapter 24 is called more breaking news.

He has some last-minute details about the evil credit card companies.

He urges you to write your people in Congress and complain about the credit card industry.

It mentions some of the new credit card Bill of Rights that goes into effect this February. This is finally some good news for us consumers.

Chapter 25 is called final cures.

This is basically a summary of the book. A recap of all the knowledge Kevin Trudeau has shared with you. This is good because you may have forgotten some things you learned. And of course he does not leave you without a final call to subscribe to the monthly Debt Cures newsletter.

Then he has a sneak peek of Kevin’s Free Money book.

He gives you a list of foundations that give free money and assistance.

Free money-saving sites.

In the appendix is listings of the statute of limitations which you can easily find online.

So that’s my reviews of the new Debt Cures 2 book.

Overall I would give it a solid B.

It has more information than the original Debt Cures book.

You can buy it online for $19.95 plus shipping and handling. It has not reached Amazon yet.

Thank you for reading my reviews. Your comments and feedback are welcome.

Have a great day,

– Adam

Technorati Tags: Credit card, debt cures 2, debt cures book, debt cures book review, Debt Cures II, Debt settlement, Kevin Trudeau, Kevin Trudeau debt cures 2 book

Hello –

Today, I will continue money book review of Kevin Trudeau’s latest offering in “Debt Cures They Really Don’t Want You to Know About.” I’ve been going chapter by chapter offering a short review and saying what’s good and bad about what Kevin is saying in each chapter.

We left off on chapter 12 which is called credit card magic words. This chapter has more information about negotiating with your creditors. He says you need to make demands instead of just politely asking for a fee to be removed. They make billions of dollars a year in fees because we are not watching our credit card statements closely enough and calling to get them removed when we notice them.

Kevin offers a seven magic word sentence to possibly save you thousands on many transactions that come up every year. So what are the credit card magic words? You’ll have to buy the book.

Just kidding.

“Is that the best you can do?”

He also offers “would you be willing?”

Never be afraid of asking your creditor for something. Either to remove a late fee, lower your interest rate, give you another month to pay, delete something from your account, or taking a lower payment.

If you don’t get the answer you want callback another day and chances are you just might. And that’ll save you almost $40 right there.

Chapter 13: $10,000 right away.

KT gives you 10 ways to $10,000 in 24 hours or less.

He has a dozen or so ideas about how to raise money quickly. There is no actual how to do it step-by-step but just the main idea. There are dozens of other books that can help you with the step-by-step information.

Some of the ways include selling on eBay, selling your car, using craigslist, and selling your unwanted or broken jewelry or gold for cash.

Chapter 14: credit schmedit.

In this chapter he talks about the new credit regulations and how they benefit consumers.

He also gives us more stories about how the credit card companies can take advantage of us and raise our interest rates for no reason whatsoever.

There’s also an interesting story he mentions, a bankruptcy study done by Elizabeth Warren.

Here’s a quote:

“(The study) suggests that people who fall into serious debt tend to do so because of a harsh roll of the dice — job loss, illness, divorce — and not profilgate spending.”

People are using credit just to get by. I did this when my kids were young. I charged groceries because I didn’t earn enough to pay all the bills.

So you may be deep in credit card debt through no fault of your own but that does not stop the credit card companies from kicking you when you are down, raising your interest rates, and charging outrageous late fees and over limit fees.

You can use the information in this new Debt Cures book to help you fight back against your creditors.

Chapter 15: ways to pay.

In this chapter you will find different methods of paying off your credit card debt. Some of the methods covered include starting with the highest balance, a different version of the debt snowball, debt negotiation and settlement, and using your home equity.

This information is very similar to what’s covered in the original Debt Cures book.

Debt settlement and debt negotiation can be very effective at reducing and eliminating your unsecured credit card debt the best part is you can do it all by yourself and not use a debt settlement company.

In a matter of 6 to 18 months you could get rid of all your credit card debt and pay as little as 20% of the outstanding balance to get it settled.

There are several books and courses that teach you how to do it yourself debt settlement but the best one I have found is called Zipdebt. You can also get personal coaching to walk you through the entire process of settling your credit card debts.

We’ll end this part of the review of Debt Cures and start up next time on chapter 16.

Let me know what you think,

-Adam

Debt Cures 2 Reviews

Technorati Tags: debt cures 2, debt cures book, Debt Cures II, debt cures reviews, Debt settlement, Elizabeth Warren, Financial Services, Kevin Trudeau, magic words, Money