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Debt & Bankruptcy Terms - Financial Education Is Your Best Investment

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Important Debt & 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. It's 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 it will 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 & Bankruptcy Guide Helps You Understand: • Debt Inheritance • Dealing with Tax Debt • How to Pay off Debt • Debt Relief & Debt Forgiveness • The Debt Collection Process • Good & Bad Debt • What is the downside of filing for bankruptcy? • What happens if I declare bankruptcy? • How bankruptcies work who pays for bankruptcies • What are some of the effects of declaring bankruptcy? • The 3 types of bankruptcies If you don't understand various financial terms may inadvertently damage their credit or even end up deeper in debt. Also, getting out of debt isn’t something you learn about in school. As a result, when you start to have problems, it can be difficult to make the right choices because you may not even fully understand the terms that are being used about your debt and the various solutions available. This practical dictionary explains over 140 of the most important and commonly used dent & bankruptcy terms. Every term is explained in detail, with a clear and concise article style description and practical examples. This glossary should not be relied on as legal advice. Predicting how bankruptcy may affect any given situation requires a knowledge of the facts surrounding that situation. Specific questions should be directed to a bankruptcy attorney. Make Debt & Bankruptcy Less of a Mystery Taking time to understand the vocabulary can help you with your debt restructuring or bankruptcy planning, eliminating confusion, and get better prepared for a swift and smooth transaction. There are many terms used when it comes to credit counseling, debt, debt collections, and debt relief. Knowing what the various terms mean can help when you’re trying to get your finances back on track. Get Smart with the Financial IQ Series Please also have a look at other titles in this series. The Herold Financial IQ series covers all major areas and aspects of the financial world. • Personal Finance, Real Estate, and Banking • Corporate Finance, Investment, and Economics • Retirement, Trading, and Accounting • Debt, Bankruptcy, Mortgage, Small Business, and Wall Street • Financial Laws & Regulations, Acronyms, and Abbreviations

Weniger Details

Thomas Herold is a successful entrepreneur, mediator, author, and personal development coach. He published 35 books with over 200,000 copies distributed worldwide and is the founder of seven online businesses. Over the last ten years, Thomas Herold has studied the monetary system and has experienced some profound insights on how money and wealth are related. After three years of successful investing in silver, he released 'Building Wealth with Silver - How to Profit From The Biggest Wealth Transfer in History' in 2012. One of the first books that illustrate in a remarkable, simple way the current monetary system and its consequences. He is the founder and CEO of the 'Financial Terms Dictionary' book series and website, which explains in detail and comprehensive form over 1000 financial terms. In his financial book series, he informs in detail and with practical examples all aspects of the financial sector. His educational materials are designed to help people get started with financial education. In his 2018 released book 'The Money Deception', Mr. Herold provides the most sophisticated insight and shocking details about the current monetary system. Never before has the massive manipulation of money caused so much economic inequality in the world. In spite of these frightening facts, 'The Money Deception' also provides remarkable and simple solutions to create abundance for all people, and it's a must-read to survive the global monetary transformation that's underway right now. The 'The Essential Guide to Amazon Advertising' and 'Make It Click' - published in 2018 - is the result of over two years of advertising experience. It's a treasure for every self-publishing author that wants to attract new readers and sell more books. In 2019 Thomas Herold released an entirely new financial book series explaining in detail and with practical examples financial terms. The 'Herold Financial IQ Series' includes 16 titles, covering every aspect and category of the financial market. Starting with Personal Finance, Real Estate and Banking term. Covering Corporate Finance, Investment as well as Economics. It also includes Retirement, Trading, and Accounting terms. In addition, you'll find Debt, Bankruptcy, Mortgage, Small Business, and Wall Street terminology explained. Not to forget Laws & Regulations as well as important acronyms and abbreviations. All books are available as Kindle and Paperback versions. By the end of 2019, all titles of the 'Herold Financial IQ Series' will also be available as Audio edition. His latest book "High Credit Score Secrets" offers the most effective strategies to boost the average credit score from as low as 450 points to over 810. It teaches the tactics to build excellent credit, repair credit, monitor credit and how to guard that good score for a lifetime.