Hello again and welcome to HOT TIP #5.
THE BOTTOM LINE: What can my creditors really do to me?
The good new is --
Not all that much. You can always declare bankruptcy --
not that I'm recommending it -- but it's a great threat!
If you file, they're out everything. So despite the many
pushy collections agents, they really don't want you to
do that ... they really want you to make a deal and pay
them back.

REMEMBER ... IT'S ONLY MONEY
NOT YOUR HEALTH
NOT THE LIFE OF SOMEONE YOU LOVE
NOT ANYTHING THAT CAN?T BE REPLACED.
IT?S ONLY MONEY!

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B$ YOUR CREDITORS ... HOT TIP #5
THE BOTTOM LINE: What can my creditors really do to me?
That depends on what kind of debt you owe.

1. YOUR RENT -- If you are behind in paying rent,
your landlord can take legal action to try to
force you to move.
2. YOUR MORTGAGE -- They can file a foreclosure and
take your property away for the back payments.
There are many laws affecting this procedure
and they are different for each state, so call
a lawyer if you get behind on your house payments.
You DO NOT want to risk losing your home!
3. UTILITY COMPANIES -- They can cut off service if
you don?t pay, except during winter months (usually
November 1 - April 15) in certain states if you
are a "hardship" case. Check the laws in your state.
4. SECURED DEBTS -- If you owe money on something
that can be "repossessed" -- like your car! -- you
must pay on time to avoid the risk of losing the
purchase before you are finished paying for it.
And in many states, they can take it ... and force
you to continue the payments anyway!
5. UNSECURED DEBTS -- If they can't repossess it,
they might take legal action against you to try to
collect the amount you owe ... if the amount you
owe is more than their lawyer costs to chase you.
If they win, you might be ordered by the court to
pay weekly, the amount will depend on what you owe
and what you can afford to pay. If you do have to
defend yourself in court, you should get a lawyer.
6. COURT FEES; ATTORNEY'S FEES -- They can't force
you to pay their attorneys fees and other collection
costs unless you signed a contract that says you
will. Check your contract with the company ...
you know, all that fine print that none of us
ever read! Even if you did agree to pay their costs,
you don't have to pay unless you're sued and you
lose -- and then attorneys fees are usually limited
to 15% of your debt. You do have to pay your own
lawyer, but sometimes, that's the cheaper way out
in the long run. It depends on how big a mess you're in.
7. HARRASSMENT -- How do you stop them from chasing you?
a) Hire a lawyer or CPA to represent you ...
or ask a friend who is one, to help out. Then
notify the creditor or collection agency in writing
that you don't want to be contacted directly anymore.
Give them the name and contact information for the
person who now represents you. If you have a lawyer
and you tell either the creditor or collection agency
who the lawyer is, they are required to deal only
with the lawyer. They cannot communicate directly
with you again.
b) If you don't have a lawyer, you can still
write a letter directly to your creditors protesting
the harasssing techniques they have been employing and
instructing them not to contact you again IN SUCH A
MANNER. This only stops them if such contact would
be considered harassing or abusive and you must put
in the letter the sentence, "Any further contact from
you about this matter will be deemed to constitute
harassment and abusive conduct."
c) If you write such a letter to a collection
agency, it is prohibited by law from communicating
with you again except to tell you that there will be
no further contact, or to notify you that a specific
legal action such as filing a lawsuit may be taken.
Having said all that, the best two things are either to get a
lawyer to handle the situation for you or to read B$ YOUR
CREDITORS ... SO YOU CAN SURVIVE! and learn how to talk to
your creditors and get them to make deals you can live with --
if you just tell them not to contact you again until they sue
you, you won't see the trouble coming and that could lead to
a real mess!
8. PAYMENT OPTIONS -- If you can't pay your bills
off, where do you start? There are many chapters
on this problem in the book and there is no way to
tell you how to do it in just a few sentences -- but
... first pay the rent or mortgage, so you have a
roof over your head. Then utilities, food, and maybe
your car payment. B$ YOUR CREDITORS ... SO YOU CAN
SURVIVE! walks you through the entire process of
figuring out what to pay, how much to pay, and when
to do it. If this is hard for you, you really need
to buy the book.
9. PAYMENT DEMANDS -- What if a creditor wants more
money than I can afford? Please don't let any
creditors pressure you into saying that you'll pay
more than you can afford because that'll lead to even
more problems for you. Once the creditor discovers
you can?t pay what you?ve promised, they'll be mad
and likely to take much harsher action against you.
Promise only what you can afford each week, even if
the creditor says it?s too little. Too little is
better than none!
10. A DRASTIC WAY OUT -- If you would like to get rid of
your debts entirely you might be able to file for
bankruptcy. A bankruptcy does cancel most debts
legally -- but you need to talk to a lawyer who
specializes in bankruptcy and make sure you
understand all the angles before you do this.
It's really better to B$ YOUR CREDITORS ... SO YOU CAN
SURVIVE! It's not that hard ... and being in charge of
where your money goes, to whom, when, and how it'll
affect your future is the only way to ensure you keep
yourself and your family out of debt forever.
As I said in an earlier email --

WHAT DO CREDITORS WANT?
CREDITORS ONLY WANT THEIR MONEY BACK!

AND YOU CAN DO IT YOURSELF! But you don't have to do
it ALONE. That's why I published B$ YOUR CREDITORS ...
SO YOU CAN SURVIVE!
I hope by now that you're becoming more confident that
you can handle your own finances. It's not that hard --
but we have been told by the culture, TV, all the ads
we see, that we need professionals to handle our money
for us. But we don't! Remember, if we can all do our
own books ... what do we need lawyers, CPAs and
Accountants for???
Since they don't want to be out of work, they try to scare
us into thinking we can't do this ourselves.
B$!!!
We can do it ourselves!
Remember, there are finance books galore ... but none
of them teach you how to talk to creditors and get them
to do what you want them to do except --
B$ YOUR CREDITORS ... SO YOU CAN SURVIVE!
You'll get your next B$ YOUR CREDITORS ... HOT TIP in
2 days. I hope you have found this course helpful. Please
send me your comments, feedback and opinions ... I honestly
want to know what you think.
Tell me at Robin@BSyourCreditors.com

Here's to your success,
Robin Krause
President/CEO
Sub Rosa Books, Inc.

P.S. For you instant gratification types (like ME!) I also offer an
e-Book version of B$ YOUR CREDITORS which is the first e-Book in
full color with sound effects and music scored especially for the
e-Book. Music? you say. On an e-Book? Hey, I live and work in Hollywood ...
what else would I do?
Visit my web site to see pages and listen to selections from the
e-Book which is available on CD, and also available for immediate download
at www.BSyourCreditors.com --

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100% MONEY BACK GUARANT*E!
If you need to start B$ing YOUR CREDITORS right now go to
http://www.BSyourCreditors.com and buy the book today!
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If you have questions about the Fair Debt Collection
Practices Act, or your rights under the Act, write:
Consumer Response Center
Federal Trade Commission
Washington D.C. 20580
Call your State Attorney General's office to report
violators.
If you don't fight for your rights ... who will?