Write off your debts

[danster82]

Has anyone been able to successfully write of their debts using the reasoning that the credit was never loaned to them but created by administration when you signed for the loan amount (created out of thin air)

Would be interesting to see any cases and the actual procedure.

I have been listening to James Martinez on cash flow who has so far removed $700million of his clients debts simply because of the understanding of how the credit was created.

Listen to him here http://www.achieveradio.com/cash-flow/

If anyone has further information would like further information or has successfully written of their debts please post.

[yozhik]

Has anyone been able to successfully write of their debts using the reasoning that the credit was never loaned to them but created by administration when you signed for the loan amount (created out of thin air)

Would be interesting to see any cases and the actual procedure.

I have been listening to James Martinez on cash flow who has so far removed $700million of his clients debts simply because of the understanding of how the credit was created.

Listen to him here http://www.achieveradio.com/cash-flow/

If anyone has further information would like further information or has successfully written of their debts please post.

It's not actually restricted to Freemen.
There is one process called Verification of Debt (VOD)
Search on that terminology, you may find some useful info.

If you're in the UK and your debts are unsecured and signed prior to April 2007, then you also stand a very good chance that the contracts are unenforceable and your debts will be written off as if they never existed.
This (again) has nothing to do with Freeman; it is a flaw in the contracts that were offered by the banks and credit card companies, which puts them in breach of the regulatory statutes in around 90% of cases so far examined. Hence, the banks have earmarked in excess of 6 Billion pounds for 2009 for write offs of this nature. They are waiting for you :)

[danster82]

It's not actually restricted to Freemen.
There is one process called Verification of Debt (VOD)
Search on that terminology, you may find some useful info.

If you're in the UK and your debts are unsecured and signed prior to April 2007, then you also stand a very good chance that the contracts are unenforceable and your debts will be written off as if they never existed.
This (again) has nothing to do with Freeman; it is a flaw in the contracts that were offered by the banks and credit card companies, which puts them in breach of the regulatory statutes in around 90% of cases so far examined. Hence, the banks have earmarked in excess of 6 Billion pounds for 2009 for write offs of this nature. They are waiting for you :)

It wouldnt matter if it was secured or not the premisis is that it was created by them via administration, But obviously not everyone has the computer system required to created credit only the central and member banks so I would guess most outlets such as credit cards and student loan company's and such are just shopfronts for advertising and pulling in debt contracts which are then sold to the banks for a fee who then create the credit requested. I very much doubt the student loan company creates the credit themselves they just gather the debt obligations to be sent off to the banks after so how you would track that revolving door scenario in court... ?