Millions of Americans have to deal with thousands of dollars worth of bad debt. I say bad debt because believe it or not there is such a thing as "Good Debt." What this book covers is how to EFFECTIVELY deal with bill collectors, and lawyers who are threatening to sue over your debt and legally and ethically improve your credit profile. You will learn how to manage your life in such a way so as to reduce your debt load and negotiate with your creditors and collection companies so you can settle your unsecured debt for as little as 25 to 50% of what you owe...LEGALLY! You will discover how banks and credit card companies take advantage of consumers in order to charge over draft and over limit fees. You will learn why you should never, EVER hire a "Debt Settlement" company. There are a few honest ones out there, but by and large most are huge rip offs. A Texas jury recently awarded consumers 13.9 million dollars in damages from a Debt Settlement company that ripped them off. By the time you finish this book, you will be able to effectively and BOLDLY deal with bill collectors, and the credit bureaus by learning how to use federal law and state statute of limitations to the fullest extent possible. Finally, at last YOU will be in control of your financial life!