Debt Secrets

Kevin Trudeau reveals many debts secrets that all Americans should know. Did you know that there is a statute of limitation to credit card debt? The number of years a debt can be wiped out from your credit history varies from state to state. In Maryland, a Creditor (credit card Co)writes off your bad debt as an uncollectable after 3 years. This means that you no longer owe the credit card company. However, Creditors often sell your debt information to Collection agencies for pennies on the dollar. When collections agencies call attempting to collect on this debt, if you know that the debt is more than 3 years old (check your state) inform the collection agency that the "statute of limitations has run out on this debt." Tell them to stop calling you and to leave you alone. This is one of the many juice practical tips that Kevin reveals in his book Debt Cures "They" Don't Want You To Know About.