Debt & Bankruptcy Terms: Financial Education Is Your Best Investment

The Simple Guide to Debt Management, Collection & Consolidation, Debt Relief & Elimination

De: Thomas Herold

Narrado por: William Bahl

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

Love it

Through this course, you'll learn 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, and The three types of bankruptcies. All that said, this book offers solid advice and takes time to make sure the terminology and instructions are easy to understand.

Laid out in an easy to understand

This is ideal for someone having financial difficulties or needing some reminders on how to approach the situation. Great information on how to get out of debt and the traps to avoid. Practical information and easy to understand.

Interesting guide to listen to

Must-have for anybody in debt, and a good idea for people thinking about taking on debt. Very useful to establish or re-organize finances. Priority debt, loans, and other sources of income will help to use efficiency leverage of finance, always become smart purchasing, and having a saving account. Recommend for everyone who needs to follow and remain good habits in finance.

Highly appreciated

This is an excellent primer guide that doesn't just explain how to get out of debt but takes the time to explain exactly what debt is. This book has over 140 of the most important and commonly used debt and bankruptcy terms.

Worth to listen to

I would recommend this course to all regardless of age. This is one of the best books one can ever have for financial understanding and freedom. It gives you an awakening of one's bad spending habits and makes one realize how much your income is the most powerful source for becoming debt free and potentially become wealthy. Thank you, Thomas, for making it so simple to understand and your hard work is much appreciated.