How to Get Out of Debt, Stay Out of Debt, and Live Prosperously*: Based on the Proven Principles and Techniques of Debtors Anonymous (U)

With up-to-the-minute information . . . And an all-new preface by the author! Out of the red . . . Do this month s bills pile up before you ve paid last month s? Do you regularly receive past-due notices? Do you get letters threatening legal action if immediate payment is not made? Do the total amounts of your revolving charge accounts keep rising?Into the black . . .Whether you are currently in debt or fear you re falling into debt, you are not alone. Sixty million Americans from doctors to secretaries, from executives to the unemployed face the same problem and live under the same daily stress. Based on the proven techniques of the national Debtors Anonymous program, here is the first complete, step-by-step guide to getting out of debt once and for all. You ll learn How to recognize the warning signs of serious debt How to negotiate with angry creditors, collection agencies, and the IRS How to design a realistic and painless pay-back schedule How to identify your spending blind spots How to cope with the anxiety and daily pressures of owing money Plus the three cardinal rules for staying out of debt forever, and much more!This book is neither sponsored nor endorsed by Debtors Anonymous. A recovered debtor, the author is intimately familiar with the success of the Debtors Anonymous program. Library Journal Mundis flies a countercultural flag: debt is ``wholly unnecessary,'' and ``bankruptcy is not an option.'' He offers a brief discussion of formal debt-handling methods and several very practical money management techniques from his own hard-won experience. Solutions depend entirely on the use of personal resources, and many Mundis remedies would be hard to apply outside of single-person, middle-class households. Despite its narrow focus, the book's thorough coverage of the Debtors Anonymous approach makes it a useful addition to large personal finance collections. Justine Roberts, Univ. of California at San Francisco Lib.