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Uploaded by on Nov 27, 2009

Find out how to Get Out of Debt Free in this 30 minute lighthearted but powerful presentation by Jon: Witterick, offering a unique insight into dealing with debt, Lawfully, Honestly and Truthfully.
Beat the Banks and the Debt Collectors Totally Lawfully and Get Out of Debt Free...

7 Reasons why Credit Card/Loan agreements are unlawful
or why you don't owe your bank/credit card company anything ....

1. Your Credit Card Agreement is an unlawful contract as it is ONLY signed by you- constituting a unilateral agreement. Contract Law
2. All contracts, in order to be valid, must be signed by someone able to bind the corporation in contract.
Contract Law at http://www.getoutofdebtfree.org/UK/resourcesmenu.php#Contract

3. Banks create money out of thin air- they have no money to lend you.
Fractional Reserve Banking at http://en.wikipedia.org/wiki/Fractional-reserve_banking

4. It is not possible to actually pay the outstanding amount as the currency is based on worthless paper and 'electronic funds' on computers.
Fractional Reserve Banking at http://en.wikipedia.org/wiki/Fractional-reserve_banking

5. You do not have to pay statements, only invoices.
Bills of Exchange Act 1882 at http://www.opsi.gov.uk/RevisedStatutes/Acts/ukpga/1882/cukpga_18820061_en_1

6. You are not lawfully bound to pay anything which is unsigned.
Bills of Exchange Act 1882 at http://www.opsi.gov.uk/RevisedStatutes/Acts/ukpga/1882/cukpga_18820061_en_1

7. The uppercase name on the credit card is not your name, but a 'corporate entity'.
Blacks Law Dictionary at http://www.getoutofdebtfree.org/UK/resourcesmenu.php#Capitis
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Ens legis: "Ens Legis. L. Lat. A creature of the law; an artificial being, as contrasted with a human being. Applied to corporations, considered as deriving their existence entirely from the law." "Blacks Law Dictionary, Fourth Edition, 1951.
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Capitis Diminutio
Gage Canadian Dictionary 1983 Sec. 4 defines Capitalize adj. as "To take advantage of -
To use to ones own advantage."
Blacks Law Dictionary Revised 4th Edition 1968, provides a more comprehensive definition as follows
Capitis Diminutio In Roman law. A diminishing or abridgment of personality; a loss or curtailment of a man's status or aggregate of legal attributes and qualifications.
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Capitis Diminutio Media - A lessor or medium loss of status. This occurred where a man loses his rights of citizenship, but without losing his liberty. It carried away also the family rights.
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Sui Juris: In civil law the phrase sui juris indicates legal competence, the capacity to manage ones own affairs (Black's Law Dictionary, Oxford English Dictionary). Thus in Roman law the caregiver or guardian of a spendthrift (prodigus) or of a person of unsound mind (furiosus),

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  • @oblahblahsux

    In the UK, we call this Joy & Happiness ..

    Peace.

  • good stuff!

see all

All Comments (32)

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  • We are under a spell when we believe that paper is real money. Some people don't believe in witchcraft but I do.

  • @clarkee5545 All capitals is your strawman. He is not real. So to offer you a credit card, they must address you in lower case because they need an administrator (the real you) to do the transaction and maintain the debts incurred by the strawman. The collateral comes from the fact that the government has your birth certificate (bond) and therefore you can accept fiat (phony money) from the banks. Remember, you are property of the government so you must pay taxes (dues) should you work.

  • Love Ron Paul, the best american politician, i wish we had a Uk equivalent

  • RetSquid is a new world order attack poodle. The banksters pay them to attack and ridicule anything public that threatens to expose the ugly truths about the psychotic banksters diabolical plan. Attack poodles must not know that the banksters well kill them after their job is done, because they're traitors to their own kind. 

    The government accepted and recorded my UCC-1 which legally separated me from my all caps name (my strawman) and made it my debtor and me its secured creditor.

  • Ret Squid, what do you mean all caps don't have a legal meaning? When was the last time you wrote your name in all CAPS? Have you read any exception in English Grammar books making an exception. Try reading the GPO printing office manual at ch. 9.8 and tell me what it says. Why do my bills always come in all caps when mail thats offering me a credit card or some service my name is written in reg. English grammar? Coincidense? I doubt it. You need to study a lot more.

  • @RetSquid So why is it printed in all 9 versions of the Black law dictionary?

  • All capital letter names have no legal meaning, it is no different from lower case names or title case names. We are not under Roman Law, so the reference is moot.

  • @rewire69 well said :) as chris frm family guy immortaly said "where is the chase,and how do we cut to it" ? LMFAO

  • ruben007 (dot ) shopfast.us/aff_c?aff_id=12784­5&offer_id=74539 to help you get out of dept quick !!! replace dot with a period

  • Im working two part time jobs to make ends meet. Its tough nowadays to get out of debt. If anyone here is interested in new a job because you cant get one in this crummy economy or you need a second source of passive income, I know of a new job with high prospect in the U.S.A.,Australia, etc you may be interested in. Let me know if your are interested and I'll hook you up. Im respecting company policy so if you want to know more, you have to let me know and I'll send you some info. =)

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