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Debt Cleanse: How to Settle Your Unaffordable Debts for Pennies on the Dollar (And Not Pay Some at All) by Jorge P. Newbery (Review #2)

Reviewed by Chris Phillips

According to the author and company that this book is basically an advertisement for, www.debtcleanse.com, Americans have been duped by creditors, credit card companies and other corporate entities into carrying on several self-serving relationships based on long-term or extensive term debt.

Mr. Newbery narrates the story of his problems when an unexpected natural disaster turned his business and enterprises into huge debts. He went from successful to broke and owning $26 million in debt in the matter of a few days following an ice storm. Instead of following the way of many in America, from the poorest to the wealthiest, he did not choose bankruptcy. He made the decision to not pay his debts, any of them.

Debt Cleanse: How To Settle Your Unaffordable Debts For Pennies On The Dollar (And Not Pay Some At All) by Jorge Newbery

Reviewed by Veronica Alvarado

Debt CleansePart how-to manual, part self-help book, and part-companion to the larger website DebtCleanse.com, Jorge P. Newbery’s Debt Cleanse: How to Settle Your Unaffordable Debts for Pennies on the Dollar (And Not Pay Some at All) is a definitive, exhaustive guide with the goal of forever ridding the reader from the crippling debt that so unfortunately saddles millions of Americans.

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Newbery begins with a set if staggering statistics. Literally millions of Americans are burdened with various forms of debt. Some of this debt is so massive that is it often feels to the victims that they (or even their progeny) will never be rid of it. Newbery himself once suffered from that kind of debtor’s fear. As he so candidly admits, at one point in his career as a businessman, he owed a debt amounting to over twenty-six million dollars. But today he is relatively debt-free. Sound impossible? Newbery’s guide illuminates step-by-step how he was able to emerge from that crippling figure by paying only a miniscule fraction of it. He further provides hundreds of exacting tips, tools, and tactics to aid any person who finds him or herself in debt to eventually walk away debt-free after only paying a very small portion of the overall cost.