Re: Re: Re: Re: Debt Termination programs Bill i am not speaking of a particular person. I am talking from the point of the laws in place and the crocked system we live in. I have no idea' about nor have i delt with John Gliha. This is bigger than him. What i am speaking of are the laws in place and what we can do to work our way out of our adverse situations. John Gliha is just a man he could be crocked he might have bad advise. That is why i say go do the knowledge yourself read the UCC now about negotiable instruments learn the real true lending practice's. I have never said nor will i say follow some man. If you are empowered you don't need to follow you can lead. As far as this guys ethics they seem to be flawed but as for the process it is the real deal. And speaking on getting the economy back to a real commodity based system Bill you are right it will probably never happen but that does not mean we should get taken advantage of by the system that is out to get us. Nope Nope Nope. If you have options exercise them. And forcing these institutions to prove and show what they are speaking of is just it. Because if something is then there should be no problem making it known and putting it out there.
Re: Re: Debt Termination programs Jledo, we need to talk in private or on the board. But if you don't mind would you share your story and the process that you took to terminate your debt. Also any documentation would be great also. Thanks and please due contact me
Re: Re: Re: Re: Debt Termination programs Ok. That's fine. Great in fact. We will just leave persons and programs out of the discussion. Great post! And its a tough row to hoe trying to do battle against the entrenched and corrupt system. Modern Money Mechanics gives us some idea of how corrupt it is but it should never become our lawbook nor our Bible. It wasn't intended to be either one. All it was ever intended to be was a hopefully enlightening book written to give us some insights into how the banking system works. The biggest problem most of us have is learning enough of the law to stick it to the system and make it work for us. Make them straighten up their act in our individual cases. Granted, enough people doing it might force changes in the system at least to some extent. While UCC might be of some help we need to keep in mind that it is designed to regulate business to business relationships and not consumer law. It is so easy to grab on to some fragment of law and try to make it work in ways it was never intended to work in the first place. One thing is for certain and that is that we cannot hope to change the system by rebelling against it. We have to learn how to work within the system and make it work for us. Not an easy task to say the least. I for one would like to do just that and I think that now we have agreed to limit the discussion to the facts as we see them rather than get off into whose theory is right or wrong we may get a lot further down the road.
Re: Re: Re: Re: Re: Debt Termination programs I am with you there Bill. We have to learn this beast of a system we live in and pull together in masses of number in order to make a change. Everyone knows that there is power in numbers. And we are the ones making the sytem working. Every time we sign on the dotted line. bill i know your are a great resource of knowledge we need to all get together and get this whole process down pat. If anyone is interested because i know i am an d i am studying it all the time. I have turned my email on and we need to communicate and share information and process, so that we may all live better within the system. OK people let us build on this and start getting the info out
Re: Re: Re: Re: Re: Debt Termination programs Hey, lay an email on me. I've got a posting from a newsgroup I follow where they are talking about notarial protest proceedures. It hasn't made any sense to me in the past so I've pretty well ignored the thread but just now I got in another message that goes a long way into the history and how one lady used it. Fairly well puts things together, but it's far to lengthy to post here. I'll be glad to email it to anybody wants it but as far as posting here I think its far too long for that. Apparently its primarily an IRS tactic but this lady converted it to use against Budget Rent a Wreck (LOL) and claims it worked for her so maybe there is something in it after all.
Re: Re: Debt Termination programs Hi t_sims224, I cannot email you they say here. I am not real good at these members chats. The program I used, I paid 1225. (It is 1525.00 now) You can list 5 credit card accounts unsecured. You get 5 hours legal help if you need it. I could have gotten by with the 525.00 as I did not have a problem. It is guaranteed to work or your money back (only if you do what they tell you to do.)If you are reasonably intelligent, have a little grit in your gizzard and follow the instructions to a tee...You can do it. I did not think it was hard. You learn a lot---KNOWLEDGE IS POWER in this program. Right now I'm helping four more do the program. Do you realize this program has been going on for at least 5 years and not much has changed as far as the credit card companies go. Remember you create money for them when you sign on the dotted line.Just makes you wonder where it is all going to go, but in the meantime a lot of people are getting on their feet again.
Re: Re: Re: Re: Re: Debt Termination programs Discover is a subsidiary of Citibank? Christ that company has switched owners left and right. Who knows who they are owned by now. Discover physically does not have any assets backing their more current credit. Actually some new card issuers put up a little equity, then borrow like $500 million and then lend. So their initial credit is covered by long term borrowed cash. From what I learned, banks can only borrow fed funds (which are short term) to cover their reserve requirements. Regardless, all these banks and CC issuers get caught, however they make a lot more breaking these regulations than they have to pay in fines. All this overextended substandard credit brings in billions to them. All these poor people strugling to pay of a debt that does not even really exists because it's just a number. Discover says you have a 7000 dollar balance on your closed card, charging you max APR because you defaulted and you are struggling to pay it off. Yet whatever funds were used or would have been used to back your credit limit had you actually had a card and were making purchases, are no longer there. And thats why these termination programs work. There really is no loss incurred on their part, hence no damage and hence nothing to sue for.
Re: Re: Re: Debt Termination programs It's small scale and let it stay that way. If this gets too blown up, regulations will be adjusted toward Big Business's favor.
Re: Re: Re: Debt Termination programs Pink: I guarantee you that lots of people have tried it. Furthermore this affiant sayeth not: LOL
Re: Re: Re: Debt Termination programs that's what i was thinking, Bill is it better to have an attorney send out settlement letters or do it myself? not sure if they see attorney they might feel like competing like we have better lawyers!
Re: Re: Re: Debt Termination programs I tend to think its better to do it yourself. Some folks seem to think that I hate lawyers. I don't. I know some mighty fine ones. Some are even policemen out there risking their lives every day as well as being attorneys. Not that they have to be policemen to make a living but usually because they like to help those they can as well as society in general. But still and all I tend to thinkits better to learn and do for yourself as a general rule and when it comes to credit problems I know in my own heart that learning how to do it yourself is the best answer of all.
Re: Re: Re: Debt Termination programs Is that your web site at the bottom of your posting? Are you the ceo of that web site? Do you kinda help people get rid of ccdebt? I am just new here and trying to figure things out or are these questions I shoudn't be asking? I went and visited the website at the bottom of your postings.
This John W. is the kind of person that probably couldn't't handle any kind of program, no matter how easy. You can't help someone that will not try and help themselves. There is a lot of these kind of people out there. Whiners. He is probably better of f to pay his debts and whine. You can read through his letter and pick out lots of things he did wrong. He even blamed the guy that sold him the program. Half of doing anything is thinking you can do it. Even with a bad program, he should have eliminated some debt. KNOWLEDGE IS POWER. The key to any of the numerous programs is to learn it. You all know what happens if you just ignore a judgment sneaking up on you. This is what he is asking in his letter-should he ignore it??? These programs are successful only if you stay on top of things and follow directions,like I said before-----TO A "T"...!!! If you have questions you can email me ledoux@brainerd.net and I will try to answer them for you. I hate these leechy cc companies
Re: Re: Re: Debt Termination programs Yes. Well, something like that. Yes Yes, no, maybe. (LOL) Then you should be able to email me or call me and discuss these things by phone whichever you prefer. I really didn't come here to advertise. Doing so not "kosher" at all.
Re: Re: Re: Debt Termination programs You can email me as I can give you my email address and you can ask me what you want to know. Jean ledoux@brainerd.net
Re: Re: Re: Debt Termination programs You can email me as I can give you my email address and you can ask me what you want to know. ledoux@brainerd.net
Re: Re: Re: Debt Termination programs Bill and Jledo here is my email address t_sims224@yahoo.com Drop some info on me and we can start to build.
Re: Re: Debt Termination programs Warm Puppy, if you're around I'd like to hear from you. I did allot of research in that direction and I believe it will work. Don't expect your ideas to be accepted here however. Their philosophy is, if it's ain't broke don't fix it. I also tend to think some poster are allied or at least brainwashed by the bad guys. Regardless, with either approach your credit will be screwed for at least a year. I think those techniques should be a last resort. I also have doubts that it works for the reason they think. It's more about becoming a potential nuisance, then having the bank forgive the debt as a nuisance settlement. What's ironic is that they use facsimiles of John Gilha's letters, yet they just skip his whole debt cancellation methods entirely.
