Find how to Get Out of Debt Free in this 30 minute light-hearted but powerful presentation, 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 3. Banks create money out of thin air- they have no money to lend you. Fractional Reserve Banking at en.wikipedia.org 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 en.wikipedia.org 5. You do not have to pay statements, only invoices. Bills of Exchange Act 1882 at www.opsi.gov.uk 6. You are not lawfully bound to pay anything which is unsigned. Bills of Exchange Act 1882 7. The uppercase name on the credit card is not your name, but a ‘corporate entity’. Blacks Law Dictionary ——— You do not need a degree in law to deal with banks and debt collectors, however a general understanding of some of the terms we use is not only beneficial to the process, it can also make it more satisfying. It also highlights how the law is …
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 www.getoutofdebtfree.org 3. Banks create money out of thin air- they have no money to lend you. Fractional Reserve Banking at en.wikipedia.org 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 en.wikipedia.org 5. You do not have to pay statements, only invoices. Bills of Exchange Act 1882 at www.opsi.gov.uk 6. You are not lawfully bound to pay anything which is unsigned. Bills of Exchange Act 1882 at www.opsi.gov.uk 7. The uppercase name on the credit card is not your name, but a ‘corporate entity’. Blacks Law Dictionary at www.getoutofdebtfree.org ——— 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 …
Consumer “Bill of Rights” Looks to Ban Unilateral Changes, Apply Rate Increases to Future Debt, Prohibit Interest on Fees, and Prohibit “Universal Defaults”
Live! From Jackson Hole, WY: Interview with Carnegie Mellon Economics Professor Allan Meltzer
Analysis and Discussion with Emily Peters of Credit.com (Bloomberg News)
European Banks to Watch - Credit Suisse, Deutsche Bank, UBS - Bloomberg
Credit Suisse Cutting 55% of Investment Banker Bonuses; Deutsche Bank Cutting 60% of Bonuses; UBS Cutting Company-Wide Bonuses by 80% (Starting Bell)
Live! From Jackson Hole, WY: Interview with Carnegie Mellon Economics Professor Allan Meltzer
Delinquency Rates Rise in 1Q to 1.32%, from Last Year’s 1Q of 1.19%; Delinquency Rate Could Peak in Late 2010/Early 2011 (Bloomberg News)
Analysis and Discussion with Win Smith, Former Head of Merrill Lynch’s International Investment Brokerage Division
Fed May Curtail Lenders’ Ability to Raise Interest Rates on Current Balances, and Extend Bill Payment Times to Allow Customers to Avoid Late Fees
