Book Review: Surviving Personal Bankruptcy: Your Guide to the Personal, Legal & Financial Issues
The author of “Surviving Personal Bankruptcy”, Nora Raum, is a very experienced bankruptcy lawyer, who has been dealing with bankruptcy cases since 1986. She is also a newscaster on National Public Radio.
In her book “Surviving Personal Bankruptcy: Your Guide to the Personal, Legal and Financial Issues,” she gives the reader a clear understanding of bankruptcy in general. She explains the 2005 change in bankruptcy law, the differences between filing for Chapter 7 and Chapter 13 bankruptcy and who is eligible. In addition, she offers her readers alternatives to filing for bankruptcy and forces them to take a very detailed and close look at other options.
Her book will help you to assess your financial situation and options, then guide you through the process of what to do next. The worksheets included in the book will help you to look realistically at your finances, totalling up all of your debts and assets. Also included are sample letters to credit reporting agencies and creditors and advice how to prepare for court hearings.
She outlines a plan for life after bankruptcy with do’s and don’ts to help you back to your financial feet. Her question and answer chapter provides honest answers to commonly asked questions taken from real life scenarios. You will also learn about real life stories from well-known people who have had to file for bankruptcy then turned their life around again.
Nora Raum shows that filing for bankruptcy is not the end of your financial health, but that it is possible to start again and recover from the stigma attached.
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