Credit Card Debt Elimination
By: Ken Renfrey
"Eliminate your credit card debt NOW"
Any number of cards.... any amount of personal debt LEGALLY
How to eliminate debt and create wealth in the shortest possible time. We do not give legal advice however we supply the legal way to cancel out your credit card balances on all major credit cards and Personal Unsecured Loans. We are not able to help persons who are already in debt consolidation or other debt reorganization programs.
What credit card holders don't realize is that when banks approve your credit card a d establish your credit card limit, they use your name and your signature on the application to create the money to fund the card. This is in essence your OWN MONEY. How does it feel to realize that you have been paying the banks outrageous interest rates for all these years on your OWN MONEY? What a deal for the banks!! Having you pay back your own money plus interest on it. At no time do the banks lend you any of their own money, or of other depositor's money (Not One Single Penny).
"WHAT A DEAL FOR THE BANKS!"
Our purpose is to put a STOP to this monumental scam. We launch our attack to free the public from the tyranny and financial oppression of the banksters. The program will give you what may be your last opportunity to get out from under the bondage and oppression of the credit card scam.
Legally Eliminate Credit Card Debt or Personal Loans
Your unsecured credit card debt is legally terminated based strictly on existing laws, policies and procedures that banks and other financial institutions are required to follow. A cursory examination of these laws reveals that modern lenders breach their contract with every single customer. Banks, credit card companies and other financial institutions advertise that they are in the business of lending money, but this is false. The Banks own accounting ledger shows that the exact opposite occurs. Once a customer challenges a lender and requires that the lender produce its accounting books and forces it to explain exactly whose asset was used to fund the loan or credit line, the original contract/agreement is rendered null and void because the lender did not fulfill part of the agreement, i.e. it failed to loan money that belonged to the bank/credit card Company.
What is really going on?
Example 1:
For sake of illustration please follow along with this example:
Part of any bank checking-account agreement is that a customer's deposit must be credited to the customer's account. When a customer makes a deposit of £100 the bank accepts the deposit and credits his/her account for £100. The bank's accounting record now shows that the bank has a liability on its books for £100, because of the £100 asset deposited by the customer (a bank liability is a "bank IOU" for the customer). Per the customer's agreement with the bank, the customer can withdraw the £100 at any time and the bank is legally liable for returning the deposit when demanded.
Is the bank legally obligated for returning a customer's deposit? Is the bank in breach of the checking account agreement if it does not return the deposit? The answer to both of those questions is "Yes." The banking business would be the best kind of business imaginable if banks were not obligated to return people's deposits-but as incredible as it may seem that is exactly the way banks and credit card companies do business when they extend credit and loan money to customers!
In other words, your signed credit card or loan application (promissory note backed by your future labour) is converted into a "cash" asset by the bank. In fact, the bank stamps the back of the credit card agreement/loan application (promissory note) just as it would any other deposit, and then deposits it into a "transaction account" (a special account no different than a checking account that is opened under your name, but without your knowledge or consent). The bank then returns the cash to you (your "loan"), but also wants you to pay back this "loan" (of your own deposit) as if the bank had loaned you its own money. For these reasons, the bank does not fulfill its part of the loan agreement, thus nullifying the contract between the two of you and releasing you from any "repayment" obligation.
Despite what you may have been taught, this is the way the banks do business and this is what has happened in every single bank "loan" transaction you have ever been involved in. Bankers pray that no one will find out about the scam and ask for return of his/her original deposit, i.e. the signed promise to pay (asset) and expose the banking system for the confidence game that it is.
Modern "lenders" accept your signed promise to pay as "cash" and deposit the signed promise to pay in an account in your name without your knowledge and use your deposit as the source of all the money you receive in the so-called "loan," but never tell you about it and never return your original deposit. This is the way the banking system has operated since 1913.
We do not recommend people attempt termination of credit card debt without competent assistance. Banks and credit card companies have very clever officers and lawyers and can instantly recognize when you do not fully understand what you are doing. In such case you can be easily defeated. However, we can assure you that we offer the finest quality assistance available.
The process is much easier and faster than other programs, and before you know it you will be out of debt and back on your feet with a clear clean credit report.
Our program enables each individual to finally take control of their financial life and stop drowning in credit card debt without the need for bankruptcy.
As soon as you join our program:
You can STOP making debt payments immediately!
You can terminate your debt NOW!
Website : http://www.kmpublications.com/Download11.html
Tel : 01257 231205
Mob : 07940 415517
Best Regards
KM Publications.com
Legally Wipe Clean your Credit Card and / or your Personal Loan Debt. 100% Of Your Credit Card / Personal Loan Debt Legally Written Off – Decision in 24 hrs ! Once accepted make NO Further Payments to Credit Card or Loan Companies ! Does NOT alter your Credit Rating ! For Further Information, or Application Form without any Charge or Obligation !
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