Response to Ann Minch's Call for A Debtors' Revolt

[AceOfHeart2012]

...in my power to bring it down. Slaving 5 to enjoy 2? WTF? That's backwards if you ask me. No I don't believe in hard work. It's bullshit and you die at the end anyway. Like I say: "I love hard work. I can watch it all day long." If you have a third party debt collector telling you that you owe him money tell him to prove it. You have no contract with a third party interloper. Google 'debt buyer'. Educate yourself. The whole system is voluntary. Stop volunteering.

[AceOfHeart2012]

It's your signature that allows commerce to access your birth certificate (another security). Stop signing stuff and it's GAME OVER! Oh, and if the birth certificate has no value, then why is it when you get a certified copy that it is printed on bank note (bond) paper? This money scam is the most heinous fraud ever perpetrated upon mankind. I don't remember asking to be born into this system and if I did, I certainly don't recall it. That said, while I'm here I'm going to do everything...

[AceOfHeart2012]

All these guys are in on the scam and have no clue as to how the whole thing really works. It's all about contracts. When you sign a contract for a mortgage or a credit card, it's not really a contract. A contract requires the signatures of both parties. What happens when you fill out a credit application is regardless of whether or not it's approved, it is still securitized and the 'lender' makes money from YOUR signature...

[DebtNavigation]

@TheCommonManUSA The collectors are the ones doing the profiting. My book gives details about how to deal with them on a more level playing field. You can see every other page of it on Scribd ... nobody else gives the ordinary debtor the inside details I do--my book picks up where they leave off and leave their readers hanging. The video you're commenting on was produced before Ann and I began collaborating (notes were added). For the moment though she is not making new videos, etc.

[DebtNavigation]

@TheCommonManUSA A revolt can be the beginning of a revolution, but the definition of revolt includes the word "attempt" and implies lack of success or at least uncertainty as to future outcome. Ann and I have collaborated, and she has received a percentage of the early sales of the e-book. We may collaborate again in the future. I'm hoping the profit motive hasn't become a crime in this country. If it has, then we're all done for. Adhering to the party line would have assured my book's success.

[monkeytrumpet11]

I take great offense at how the banks have been treating joe sixpack for the last couple decades. I see them as the biggest evil present in the world today, getting rich by offering hope to those who have none. I have no idea if the book this guy is hawking is any good, nor do I ever intend on paying to find out. If he really wanted to help the people that need help, then release the book freely. Don't just tell people they have a way out of their crippling hardcore debts, for just a few dollars

[DebtNavigation]

@monkeytrumpet11 You can read every other page of the book for free on scribd.com ... then you'll know whether you want to buy it.

[TheHotpoet]

can you get fired for putting the company you work for on your bankruptcy?

[DebtNavigation]

It's going to depend on the laws of the state you live in and perhaps on union rules if you're unionized, but my guess would be yes, in most cases they have a right to dump you if you include them in your bankruptcy.

[SCLARK2112]

Declare WAR on the CRIMINAL BANKERS by paying CASH for everything!

[cwmillerrn]

@SCLARK2112 This solves part of the problem, except that even our currency is controlled by a criminal bank known as the FED. It's a rigged game and they can screw you even if you pay in cash only thru the hidden tax of inflation by printing as much money as they want. But I'm sure you know that already.

[CreamyDove]

I have found Discover Card to be the worst so far. They jacked me up to 30% for no reason then started applying a bunch of predatory nonsense fees and increased the minimum payment required. Talking to them is like talking to used car salesmen. A bunch of scumbag loan sharks and crooks!

[corakiart]

Funny thing is I suppose I will have to use my credit card to get the ebook. I thought this was a debtors revolt.

[DebtNavigation]

You pay for the book by Paypal, which allows you to use debit cards or write a check.

[Jerryahrens]

CHASE is the WORST. Taking taxpayers money and more than doubling our minimum payments from 2-5%.

FRIENDS DON'T LET FRIENDS USE CHASE CREDIT.

OK PLEASE POST/REPOST - pass it on

[freepussy]

Ripoff geniuses..I tore my Chase card up months ago.

[tubesteakbooky]

my credit card rate is only 9.15% with visa.Still takes forever to pay off a couple thousand.I think credit cards should be cut up.That,s how to get revenge and not pay the stinking interests rates.Of course I will hang on to mine for "emergencies" ha ha.

[chabs20]

These days you can do as much with debit card as with a credit card, however the problem is not credit cards. It is the credit system itself. People don't realize that without addicting people to debt we won't have money to spend. Watch "money as debt" on youtube and you'll know that without the further expansion of debt we won't even have a financial system. Last year credit system broke down. This year the Govn't has replaced that part, but for how long...?

[alexakim]

People should pay what they in fact owe, not the compounded usury assessed by the card company to punish you. The original amount plus the original interest rate. Not 17, 18, 19, 20, 21 all the way to 30%. When card co. arbitrarily changes the minimum amount due per month, they've just become Adjustable Rate Mortgages. That abusive tactic killed the real estate market, it will kill the credit market. Credit card companies are their own worst enemies.

[DebtNavigation]

alexakim

"Credit card companies are their own worst enemies. "

As can be easily seen by checking the Wikipedia entry for Advanta Bank. And where Advanta went, the other majors are going. Fitch's reports an 11.52% overall credit card default rate headed higher, and paradoxically that the banks are making more money on credit cards (through booking fees and ratejacks no doubt). But will that money ever be collected? I'm beyond starting to doubt it and into full skeptic mode.

[DebtNavigation]

freeflyva

That is a very simplistic approach that will work in a few cases for a few people.

What happens when you can't make that deal or they won't take that deal?

What if you long ago missed that particular off-ramp and the debt is owned by a junk debt buyer?

My book answers those questions and many others.

[freeflyva]

I can save you the price on the book. Call them and offer to settle for half....or whatever you can pay. It's common sense.....stop thinking of yourself...and put yourself in the banks shoes. Above all......don't just ignore them. That only leads to more problems....

[DebtNavigation]

I couldn't have asked for a better endorsement. Thank you.

[rwmoser53]

I have purchased and read Mark Hankins's book, and I recommend it to anyone that has fallen behind on their credit cards. It contains lots of good advice and tools to help you resolve your credit problems. All you have to do is read the book and do the work, and you will literally, be saving thousands of dollars. I figured that for every hour that I have spent applying his strategies and tactics, it was like making $100 dollars an hour.

it's a must-read book for debtors!

[DebtNavigation]

I wrote Debt Hope: Down and Dirty Survival Strategies because no book on the shelves brings together enough knowledge on the industries that profit from serious, defaulted debt to give consumers the big picture as well as the nuts and bolts of what they need to do in order to keep their opponents from overreaching. I dont say heres how to not pay your debts nor do I say pay all theyre demanding.

The book is about strategies and tactics-yours as well as theirs. Dont be the slowest zebra.

[Nvllin]

Who do you work for? So apparently this guy is okay with oppression, WELL I AM NOT. And soon Mark you will see that the american people are tired of giving their hard earned money to the evil corporations.

[DebtNavigation]

Nvllin

Here's a piece of good news. An Ohio Court has just ruled that Midland Credit Management LLC (a subsidiary of Encore Capital) was using false affidavits to collect debts, and the court tried to enjoin them nationwide (unfortunately the injunction has been narrowed to just Ohio).

The nuts and bolts, day-to-day battles are what the book is about. And I don't blithely recommend that people get into them by choice, but I do teach how to fight them and get through them.

Oppression sucks.

[out2gtme]

I'll tell you where your book can go in!

ha ha

[ultratech54]

Anyone who wants to jump on the bandwagon and make money!

[DebtNavigation]

ultratech54

Not in it for the money. Ann read the book and was willing to attach her name to it.

We can only hope that there's going to be a bandwagon ... otherwise the now-desperate bankers will crush us without so much as a whimper.

[osubucker5]

this guys is trying to rip people off

[DebtNavigation]

osubucker5 and all YouTube viewers.

Look at my other posts in this thread. Decide for yourselves whether there is a rip off going on.

[thunder67]

Okie Dokey Now

[Markofitch]

Well if you really want to help people in this economy maybe you should simply grant the help , not sell it ,it seems more you are trying to take advantage of poeple with debts...if u sell it to 1 dollar to millions of people you ll make millions...so your interesting is not helping but making a profit......

[DebtNavigation]

Within minutes of your post I sent a private YouTube message and offered you a free book if you were having trouble affording it (I've probably given away more than I've sold). Haven't heard from you since.

[HealthyGenes1]

So does this book help with the second and third party collection agencies that attempt to collect debts that are over 10-15 years old. And if that is a yes to that question then send me the book since you gave it away to someone and have not heard back from them or is that a trick

[DebtNavigation]

HealthyGenes1

I sent you a private reply yesterday and haven't heard back. The problem you describe is minor, and you can find the answer for free on MSNMoney in a Liz Pulliam Weston article entitled "Zombie Debt is Hard to Kill." I spend some time on the issue, but my book is for more serious troubles.

If your problems are more recent then you need my book.

[ewetoobwatcher]

I have one question. i would like to buy your book but don't have the money. should i use my credit card to buy it from you? please respond.

[DebtNavigation]

In principle, if you don't have the money you shouldn't be making any more charges on that credit card either.

As a practical matter, the situation you describe would not necessarily identify you as someone who really needs the kind of help the book can provide.

The book is more for those who have already gone over the edge than it is for those teetering on the brink.

[ewetoobwatcher]

IT WAS A JOKE.

[DebtNavigation]

Even after years of listening to Phil Hendrie I still fall for a troll pretty easily...

[watergroovin]

Everyone read "THRESHOLD THE CRISIS OF WESTERN CULTURE" by Thom Hartman ISBN: 978-0-670-02071-1

Do not believe anyone who is corporate. Lets end the fiefdom now and end voodoo politics. It is time to reestablish the Sherman anti trust act in full force. Tax these rich bastards to 70% like we used to. Funny the railroad barons this was aimed at never complained.

[rallen0194]

I haven't read your book, but I think what she is doing is incredible and should be commended.

I know of countless people including myself that have been screwed by banks practices. If they all operate this way, and they do, there is no risk of them going out of businesses.

Loan sharks are envious of banks legal practices...

[DebtNavigation]

There is risk of them going out of business ... Advanta Bank, once the 11th largest card issuer in the U.S. is about to do just that.

As for reading the book, Ann Minch, who started the debt revolt HAS read the book, AND she has agreed to endorse it!

If you've been screwed, the book tells you how to get unscrewed.

There is a new URL that provides immediate download of the book, it is myhopeseries and it also will give you a 15% discount if you use the discount code "Minch."

[rallen0194]

Thanks for the reply... I will have to take a look at your book. I actually see a silver lining in this whole greed-fest. I hope that Americans will stop taking the money-bait that banks lure people in to enjoy the accoutrements that are beyond their means. We as Americans need to get back to basics and save and sacrifice before going into debt.

[movingman07]

this is why cc are very bad no let me say  unsecured debt is very bad we need real wage growth in the us not more credit i pay with cash good green cash sure i m some times cash poor but it is only a temp thing when you buy on credit and loose your job or get sick you cant make your payment u are screwed if you payed cash for that tv then you will be ok because you wont have that extra bill to pay save your money amd let the bank pay you interest not you pay then

[chabs20]

You are a joke, Ann is right! we need to stop the abuse, NOW. I kicked BOA to the curb. Let them come after me, sue me. I don't care. Best decision I ever made. I can finally breathe.

[DebtNavigation]

I'm no joke, and if you do what you're saying you're going to do, you will DEFINITELY need my book! My video is actually intended to REDUCE the number of people who will need my book. I expect to have an important announcement about the book soon. Stay tuned to both Ann's channel and mine...

[firempress]

You are wrong in your understandings..I followed the rules,I paid my bills on time,for years and the same thing happened to me.

[alexakim]

But Ann doesn't need debt management and neither do I. We just want our original rate back and the punitive charges removed. Then we'll happily go back to paying faithfully each month, even when they move around the due date so it's never really 30 days later than the last due date but more like 26 days or 27 or 28.

A failing of unfettered capitalism: think of yourself first, last, always. Whatever you do, make money before you help a fellow human.

Sorry, no sale.

[DebtNavigation]

There are a lot of people who are a lot worse off than Ann. Not wanting her to go where they already are, I made clear that if you have ability to pay you should do it. I've sent her a free copy of my book (no sale there).

My name is Mark S. Hankins ... if you check me out on Avvo, you'll see that I have helped dozens there for free. As "flacorps" on a number of the credit-related online bulletin boards I have been helping people for free since 2003.

I wrote the book to fill a void.