Dear Friends and network members.
Since I write books and articles about credit and money management and credit repair, give financial and investment advise (Non-security nor commodity), and also expert in computer field then, I thought I must share some useful information with you that others don't know.
Meanwhile, I would like to have your input so that I would know if I should continue with posting articles or not. My articles are posted on many sites and a search of my name through any search engines would give you a long list of other articles while you will learn a bit more about me.
Again, I would appreciate receiving your comments and inputs. I would also appreciate if you take a moment -ranking my articles as you may read them (on other sites).
I am always open to suggestions and ideas. Since I do not write "stuff" for myself. I want to make certain what I write for consumers is presented well and the articles are to near perfection.
With that understanding, I am listing my first article called:
"The misconception of Divorce Decree-relating to your financial life".
Summary: Every day, I review consumers’ (like you) credit reports and hear stories about, “how my spouse destroyed my credit.” Well, I am sorry to hear it. I love you, want to help you, but I am tired of repeating the same things. I wrote a couple of articles asking and begging you to do something with your credit and provided you a book that answers the questions you did not ask or question did not know how to ask. Just because you got divorced, your financial life is NOT going to be on the upside. Let’s see WHY?
Body:
In the book, “Bad Things Happen to Good People. YOUR CREDIT = YOUR LIFE, FIX IT NOW!” I dedicated a large chapter to issues relating to financial phase of relationships (Single, Married, Separated, Divorced). In that chapter, I discussed several issues relating to the impact of divorce. One of the issues was the fact- what a divorce decree mean to your financial life. No, I did not provide the meaning of the words “Divorce Decree;” because, everybody that has been in a relationship knows what these two words {together} mean. I discussed the fact that, just because a court ordered your spouse to be responsible for certain bills (bills created during the marriage), it doesn’t mean, your responsibilities are washed away. After the court order, there are still several issues that remain unresolved from the moment the Decree was entered. They are as follows:
1. Make certain that your payments (to include the creditors’ bill that the judge passed the responsibility to your spouse) are current-if you did not discuss it in the court you should have.
2. You must immediately contact the creditor whose name were listed on the judgment and let them know about the Decree. Some creditors will not accept the Decree. You just push the issue with them. If they still do not want to remove your name, then have your attorney (possibly your divorce attorney –who you already have paid to take care of your divorce affairs- contact the creditors). Please understand that the attorneys will promise you or state that they will call, but it may never materialize. Therefore, you must be persistent with the attorney and the creditors.
3. If a creditor refuses to remove your name, then place a statement on your credit file in regards to the Decree and your request for removal
4. Talk with your attorney (an attorney in your state-state the Decree was issued) and see if you have legal recourses against the creditor (forcing it to remove). However, make certain that you have a copy of the contact (between you and the creditor available). If you don’t have the agreement, then ask the creditor to mail you one. If you don’t receive it within 2 weeks, then send the creditor a certified letter- requesting return receipt, demanding that a copy of the agreement be sent to you at once. The bottom line is that you may be able to ask a court (possibly even the divorce Court) to force the creditor. Divorce courts doing so may be limited- to-none existence, but never hurts asking. The bottom line is that the attorney may be able to share options with you.
5. Doesn’t matter what you do, do NOT let the issue stay on the back burner, because “Your Credit IS Your Life” and if you don’t do something about it, it will create a serious negative impact on your credit file.
You must initiate the items above before your spouse stops making payment to the creditors that the Judge issued an order in your favor. Creditors are more favorable to listen to you or help when the account is being paid on time (regularly).
These issues and a lot more are discussed in detailed in my book “Bad Things Happen to Good People. Your Credit = Your Life, Fix It Now!” I can’t emphasis enough about the importance of your credit.
Consumers asked me, why should I buy your book when my credit is good?
Answer: This book does not just cover issues in how to fix your credit, but how to keep it good for a long time. It also provides information other than just fixing or maintaining credit. It provides information about how to avoid lawsuit, judgment, foreclosure, negotiate your interest rates and loan cost, increase credit limit and other issues relating to credit (such as debt management, understanding credit report, credit score, fraudulent and deceptive collection attempts and much more). The CD that accompanies the book has information about tax liability and tax-preparer fraud and deception, forms, demand letter writing techniques, credit card issues- interest rates and more.
Consumers braggingly also stated; “my score is 700 or 720, etc).
Answer: I consider score of 720 as a C+ on a grading scale. Score of 800 or above is considered A. 740/760 (depending on creditors) to 799 is considered B. Now, as your score gets lower, your interest rate and loan cost increases.
My question to you:
WHY do you want to hand out your hard earned money to the creditors on EXTRA loan cost and interest rate, when you can take care of your credit and keep the saving for yourself and family????
Visit my website www.MasterCreditRepair.com for more information and/or ask a question.
Thanks
Mike Samadi
Tags: Credit Credit Report Credit Repair Marriage Divorce
