The ABCs of Getting Out of Debt: Turn Bad Debt into Good Debt and Bad Credit into Good Credit - Softcover

Sutton, Garrett

Softcover

ISBN 10: 1937832074 ISBN 13: 9781937832070

Publisher: RARI Press, LLC, 2012

Synopsis

Presents a guide to eliminating unfavorable debt while improving credit, discussing the differences between good and bad debt, ways to reduce it quickly, and how to present personal credit in the best possible light.

About this title

About the Author:

Garrett Sutton is an attorney, best selling author and one of Robert Kiyosaki’s Rich Dad Advisors. A clear and engaging writer, Garrett demystifies legal topics and presents them in a very understandable and accessible manner.

Garrett has over thirty years experience in assisting individuals and businesses to limit their liability, protect their assets, implement advantageous corporate structures and advance their financial goals.

Garrett is the author of Start Your Own Corporation,” Writing Winning Business Plans,” Buying and Selling a Business” and The ABC’s of Getting Out of Debt” among other titles.

Garrett is the owner and operator of CorporateDirect.com, which since 1988, has provided affordable asset protection and corporate formation services, as well as resources for entrepreneurs and real estate investors. Robert Kiyosaki, the best selling author of Rich Dad, Poor Dad calls Garrett and Corporate Direct the premiere source for asset protection strategies.”

Garrett attended Colorado College and the University of California at Berkeley, where he received a B.S. in Business Administration in 1975. He graduated with a J.D. in 1978 from Hastings Law, the University of California’s law school in San Francisco. He has appeared in the Wall Street Journal, the New York Times, and other publications. Garrett enjoys speaking on asset protection strategies and is a frequent lecturer for business groups and the Rich Dad’s Advisors educational series.

Garrett serves on the boards of the American Baseball Foundation, located in Birmingham, Alabama, and the Reno-Nevada based Sierra Kids Foundation.

For more information on Garrett Sutton, please visit his Web sites at www.sutlaw.com, www.corporatedirect.com, and www.successdna.com.

Review:

Kirkus Reviews, December 2012:
In this guide, Sutton (Run Your Own Corporation, 2012, etc.) offers recommendations for avoiding and solving debt problems.

The author begins by asserting that the credit industry actively entices all comers, especially the young and inexperienced.” In the first part of this book, he goes on to offer some overall guidelines for dealing with consumer debt. In Chapter Four, he explains a 10-step strategy, along with sample worksheets, used by one couple who never seemed to make a dent” in the amount they owed. The author makes recommendations about debt consolidation and includes a lengthy chapter, Getting Help,” that thoroughly explains the different kinds of bankruptcy and the process of borrowing against a 401(k). The second part of the book looks at specific kinds of debt, ranging from the timely mortgage troubles to tax debt. A section on student loans, for example, includes eight remedies for dealing with overwhelming loan payments. Sutton’s chapter on debt collectors asserts that negotiating with collection agencies is one of the most important skills you can learn and hone.” The handbook’s third part deals primarily with credit reporting agencies, credit reports and how they’re compiled, and credit repair. Throughout, the author presents stories of real-life predicaments that enliven what might have otherwise been bone-dry material. For example, Credit Reports” describes the years-long misery of a failed entrepreneur: Roberto...had taken some risks on a restaurant that didn’t work out.” Finally, a chapter on credit scams and good uses of credit is followed by three appendices, including a list of other helpful books and websites.

A fact-packed, easy-to-navigate resource for consumers concerned about debt.

From AudioFile April, 2013

The Rich Dad brand of financial self-help books is known for being accessible to the average listener. Their personal relatability comes across in the narration of this volume. There are some surprise moments, such as when the listener hears Kim Kiyosaki explain in her own voice an aggressive debt repayment strategy. Sutton and Stratton deliver the content as though they were friends explaining these concepts to the listener in his or her own living room. The variation in tone, pitch, and emphasis keeps the listener engaged even during the myriad technical details on finances. There are also interview segments, taken from sessions with financial experts. M.R. © AudioFile 2013, Portland, Maine

About this edition

• Publisher: RARI Press, LLC
• Publication date: 2012
• ISBN 10: 1937832074
• ISBN 13: 9781937832070
• Binding: Paperback
• Edition number: 2
• Number of pages: 220