Credit Card Collapse

[BROWN5354]

You say to send the letter registered mail yet you show certified mail. I know they are different. Why don't you?

[vinny1010]

Also original docs are not needed for CC validation.

[vinny1010]

Creditor can take you to court w/o validation. If they do not validate, it does not mean you do not owe the debt, it just means that particular agency can no longer call you or harass you any further. They can sell it to another agency or give it back to the creditor to give it to another agent and the process starts again. I recently received a Complaint bycreditor, lawyer stated creditor's agent did not need to validate. Since creditor's name is on the lawsuit, fdcpa doesnot apply. We settled

[qui3tude]

The questions actually comes down to...

Do YOU want to be surety and guarantor for the legal name that you are using, by claiming its YOUR's? Or do you UNDERSTAND, that WE don't own anything as it ALL belongs to GOD, thus we can't pay for anything either. Therefore the STATE, who created the name, is liable to settle the account by issuing tax credits to any alleged creditor, who in actuality is the debtor of the REAL living beneficiaries.

However, if you think you own something YOU will PAY!

[ShoCreations]

Great video. We as consumers need to take a stand together. How can we make money when money can't be spent to make money. The credit card companies are the ones who are hurting our economy by imposing greater minimum payments and high interest rates. We cannot spend to put back into the economy if we are burdened just paying for these outrageous charges. I recommend this video to everyone in this predicament. Thanks for a great video.

[rayme4raw]

The view count on this video has gone down, the last time I was here, it was over 5000. Views 3964

[rayme4raw]

This is a great video, I've learned more about the credit card default process and this information is vital. I'm surprised that with millions of people going into credit card default due to job loss that this video doesn't have a higher view count. Most people let third party debt collectors win judgements against them because they bury their heads in the sand like ostriches. The laws for credit card default favor the customer, not the debt collector.

[DirtyVegas7]

Nice post...very very informative

[myOATHmyCREED]

When does the "30 day window" start? Also, if the nwo credit card co's are trying to serve someone, but they cant find the individual, does this help the individual?

[maxinatlanta]

Starts when you receive the letter stating that you ahve 30 days to dispute the debt.

[garyomglol]

@maxinatlanta

I disputed and a letter came back to say it was valid...LOL. They found "a copy" of my original application which dated back 12 years ago. I asked them for the original. They said they have the original, or else they would not have the "copy" to send me. Do you think that they are bluffing? They are not going to mail me the original since I can tear it up..LOL. What should I do? Any suggestions would greatly be appreciated.

[maxinatlanta]

@garyomglol Thank You for your question.

I can not give you any legal advice. So whatever I say, you do at your own risk.

I need some answers from you: 1. Where did you send the letter ( company name. for example, Discover Bank, or is it a collection agency that you send the letter to, or is it a state bank). Are you behind on your payments? 2. Did you send it certified mail, return receipt requested? 3. Please, answer what kind of letter did you send to them?

Max.

[maxinatlanta]

@maxinatlanta

1. Your Credit Card Agreement is an unlawful contract as it is ONLY signed by you- constituting a unilateral agreement.

2. All contracts, in order to be valid, must be signed by someone able to bind the corporation in contract.

[StSimonMartyr]

If sued, Elect Arbitration- JAMS and AAA.

It allows a Debtor to go on Offense, and charge creditor with $ Violations on FDCPA- FCRA, they break the law every time they collect a debt.

Debtor Boards advocates this, if U dont know your rights, you have none.

Get your case Out of Kangaroo Courts, elect Arbitration, it costs Creditors $3000-10000 to pursue it, most wont.

NAF- declared a Fraud and moratorium, Arb is now working!

Creditors have No note, Affadavit is bogus & $ Securitized

[rayme4raw]

@maxinatlanta Can they send an email in place of the letter?

[rayme4raw]

@maxinatlanta Never mind

[XxgoetfacexX]

Defaulted on all my credit cards, not by choice, but when the economy goes to shit, and I got no job, I cant pay! I'd of loved to repay, but now when I think about why any of them had 15%+ interest, I dont feel bad.

[seamaverick1]

Just got rid of my credit card last week...

ho what a feeling!!!

They asked me why, I told them I am sick of being controlled by it, they put a new chip in it, I do not want to be chipped in anyway, I told them if I need to buy something I'll use cash , gold or silver...don't need loans anymore they can keep their controlling means for themselves. Good by NWO they can't control you if you don't let them. Be strong be Free eat local drink fluoride free make your own energy....

[horsehorsehorse400]

All that will happen is harrasing calls. Do not talk to them. Get caller Id or use your home phone for a computer line and get a prepaid cell phone. They can not and will not do anything. They are all going out of business.

[CognitiveDisonance]

The strategy seems sound, though I recommend you not deal with any third party

[jailarson]

I guess I should have clarified with a more expansive comment. The vid is not some chick rolling around on a bed so its not spam. LOL.

[DARKNE55ELUDES]

yer shes good ;0)

[sniper152]

I did the other night actually and I bought her book. thanks

[sniper152]

has anyone except the author tried this/these techniques? Will they(the collection agency) adhere to this "sample letter"? and is the actually legal? I'm about to file BK and am seriously thinking of trying this advise.

Also, if you reply, reply to THIS comment so I get an email notice, Thanks

[rayme4raw]

You don't file BK for credit card debt only home mortgage, car loans or business debt. Credit Cards are an unsecured loan, they cannot do much.

[rowdy916]

if you are in credit card debt... its simple... just dont pay. let them try to collect... there is nothing they can do.

[rayme4raw]

@rowdy916 Actually, a third party debt collector, if you do nothing, can win a judgement against you and garnish your wages and take money out of your bank account (that's if you do nothing). If they win the judgement, it's good for ten years & they can renew it for another ten years. If you tell them to verify the debt or fight them, the reality is that you will most likely will end up owing them nothing. The laws favor the debtor, not the third party debt collector.

[redmolotail]

Read:

The Creature from Jekyll Island

This is the truth of the matrix we live in now.

[Charonveritas]

This was a good video. Definately a thumbs up...

[doranda777]

Awesome Video!

[jtstanely]

great info

[Neilbe1066]

Koudos winging its way to you

weather you like it

or not.

Love will win out!

[redmolotail]

Woah! Valuable contribution to the "struggle"!

[princemarcel]

Thank you for this vid...i will defiantly share it.

[maxinatlanta]

Thank you

[iceblueni]

Excellent video. :D

[maxinatlanta]

Sorry, Kittenkattan for removing your comment.

Max, I have fowarded this to some friends. Thanks for the help.

Peace.

K.K.

[Atv023]

Great video man.

[ziggysisland]

A+ Max... A+