Goodman (Everyone's Money Book), former Wall Street correspondent for Money
magazine, offers a lifeline to Americans drowning in debt.with attention to
explaining the new rules that the government has put in place since unveiling
its stimulus package, including new borrowing guidelines by banks and new
policies to avoid mortgage foreclosures. After a brief sketch of the origins
of the credit crisis, the author provides a way to determine just how much
debt one is in and shares tips on negotiating various payments. Addressing
refinancing and paying off mortgages, avoiding identity fraud, selecting the
right car deals and student loans, and surviving bankruptcy, the book covers
virtually all the debt bases with hard-hitting advice. Goodman offers
a detailed appendix with contact information for further reading as well
as various resources to empower readers and help them regain their financial
footing.
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