DON’T bother w/ the full package the author tries to sell you. Most everything you will need is in this book. Also consider form letters which are edited. He doesn’t provide that (see how to make your credit sparkle) but does offer insights. A standard form letter edited will do or a basic credit repair software where all you have to do is enter info and print.

All in all a good book but don’t let the hype and overkill of the author move you to spend hundreds of dollars on seminars to full packages when this is all that’s really needed… just say no to the infomercial!
Rating: 5 / 5

It begins with a page-turner of an account of the little-known Credit River Decision which took place in the Credit River Township of Minnesota in the mid 1960′s. A bank president admitted in court that his bank actually created money out of thin air whenever it made a loan. And, as if that wasn’t shocking enough, the Justice of the Peace who presided over this trial was apparently murdered before he could preside over any other such cases, and the winning attorney was disbarred for some trumped-up technical violation.

SOMEBODY didn’t want that case to carry any weight. This astounding decision in Minnesota, and its aftermath, sets the stage for the true story of this married couple who stood up to one of the biggest banks in the world and forced them to dismiss their case. I felt like jumping with joy when I finished the last chapter.

It’s a great read. The writing is fluid and vivid, and very easy to identify with the main characters. I only stopped to put it down when I got to the technical part — the step-by-step walk-through of all the pleadings in the lawsuit. I had to pour through all of that later, and study it step-by-step like a championship chess game. This woman could become a top notch attorney. She has the mind for it.

As for which major banking institution that the “Funnibank” pseudonym was a substitute for? That’s a No-brainer — I’m sure it was Citibank, LOL; especially because of the reference to that bank suing any small arbitration company that rules in favor of consumers, and putting them all out of business just by embroiling them in a lawsuit. That was definitely Citibank. I was already aware of all that when I read this book, having been doing research of my own regarding eliminating credit card debts.

I was delighted to find out exactly how this normal, middle-class couple was able to face down a major credit card company in court and WIN.

YES… WIN! The author reveals the entire process, in detail, so that anyone can understand and apply the tactics to their own situation if applicable.

In view of our present situation with banks getting bailed out with TRILLIONS of dollars of taxpayer’s money, I think we taxpayers deserve to hold onto as much of our hard-earned money as we possibly can… and LEGALLY.

kudos to Guedel for publishing this in-depth account of such a victory; the first of many, I hope.

Rating: 5 / 5

According to some recent threads on quatloos! dot com, Heidi has used pseudonyms to thinly veil her own fight against credit card collection, and this book is really about her and her husband.

Although that IS an interesting controversy, ESPECIALLY given the author’s feisty history of debate on the Internet forums, the real interest value lies in this book’s detailed blow-by-blow description of what it is really like to be sued in District Court (NOT small claims court… a lot of money was at stake here) by a major credit card company, daring to fight back by learning how to represent themselves in court and WINNING.

Not only does she print the entire series of legal docs that make up the case file, but she also recommends and describes the how-to-represent-yourself-in-court website that provided the most valuable tutorials. She also busts the rip-off Debt Elimination company that was originally founded by a self-proclaimed debt elimination guru.

If you need to get out of debt, you need to read this book. FIRST, it will warn you about the sharks that are out there waiting to scam you out of your last few dollars on your over-limit credit cards, and it will THEN show you how two normal, middle-class people from Main Street beat the Wall Street bankers’ collection attorney and made him dismiss his case against them.

[...]
Rating: 5 / 5

This is the same detailed, blow-by-blow account of a real-life couple’s SUCCESSFUL defense against a bank’s collections attorney without using a lawyer, including every legal pleading that was filed in this case by both Plaintiff and Defendant… but it NOW includes a present-day follow-up concerning surprising continued collection attempts.

The new final chapter details the manipulative and unscrupulous tactics that numerous debt collectors have been attempting to use on these people, even though one of these collectors was already defeated in court… and even after all of the alleged credit card accounts have already expired beyond their State’s Statute of Limitations.

The law doesn’t seem to matter to these bottom-feeding debt collection sharks. They will continue to prey upon people who don’t understand what legal protections they have available. They will try to deceive, manipulate, and offer false reassurances about repairing your credit report and/or absolving you of your debt … when in actual fact you will most likely face increased income taxes AND lose your legal protection against ongoing lawsuits under your State’s Statute of Limitations.

This latest edition provides first-hand information about numerous experiences following the couple’s defeat of the first round of debt collectors. This will help readers understand what to expect in the years following a successful defense against collections.

I highly recommend this new Second Edition.

Rating: 5 / 5