Debt Elimation Without Bankruptcy

8/14/2019 Debt Elimation Without Bankruptcy

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5001 - Debt Elimination without Bankruptcy

Expose Bank Fraud, Get Your Loans Forgiven, Says ExpertBy T. Robinson

Did you know that all banks and commercial lending institutions withhold acritical piece of information, from you the borrower, when you sign a loanagreement with them? This secret that they keep from you is of such graveconsequence that when they are confronted about it, and they know thatyou know the truth, and there is no denying it, they are inclined to quietlyforgive the loan, thereby releasing you from your obligation to them. And tomake matters even better for you, the bank is also inclined to report to thecredit reporting bureaus that the terms of the loan have been satisfied.

You may be asking yourself why! What could be so serious after all to causea bank to just walk away from a loan? Well, it involves a fraudulent practicethat every banking institution commits every time they make a new loan. If the bank simply admitted this little secret when you borrowed the moneythen everything would be fine. Except, there is one problem, and this is theclincher. If the bank admitted this secret to you, there is a pretty goodchance you would probably never repay the loan. So, you see, in order for abank to substantiate its very existence it must operate in this deceitful way.

The root of this issue originates not with your local banker but with thecreation of the Federal Reserve System in 1913. With the creation of the Fed

came a monetary system known as fractional reserve banking. In this kindof system, banks no longer loan out their own assets. Instead, they mustdraw "value" from the borrower. In other words, you fund the loan, not thebank. So, here we have a major quandary. If you go to your localneighborhood bank to take out a loan to buy that new car, how can thesource of that loan come from you? I mean after all, you are the one that isborrowing the money, not lending it. Right?

When you borrow money, what you are really doing is providing that lendinginstitution with a signed promissory note, or a signed cardholder'sagreement, if it is a credit card. This signed agreement is in reality anegotiable instrument under the terms of the Uniform Commercial Code.This negotiable instrument has a cash value that is equivalent to theapproximate amount of the loan. This is the actual source that funds yourloan, not the lender's assets. So, it is your signed agreement with the bankthat magically springs that money into existence you are borrowing.

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Does that make sense? I mean I don't make this stuff up. I am justreporting it as it is. You walk into a bank and ask to borrow their money. Assoon as you sign the promissory note, or similar instrument with the lender,it is converted into a cash asset that has value on the open market. Theydeposit that instrument but don't bother telling you. The bank leads you to

believe that it is loaning you a portion of its own assets, when in reality it issimply exchanging the value of the promissory note you provided them forthe amount of the loan. So, there really is no loan, just an equal exchange.The fact that they don't reveal this constitutes fraud on their part. This iswhy banks are forgiving loans of credit when they are confronted about thisissue. There is no denying it because what they are doing is absolute fact.To prove this to you, I will illustrate how this identical mechanism also existsat the governmental level.

When Congress needs money to fund government operations, say a $100billion, they go over to the treasury and say, we need a $100 billion. TheU.S. Treasury prints up $100 billion in government bonds (similar to thesigned promissory note you give to the bank). They take those bonds overto the Fed, and say we need to borrow $100 billion. The chairman of the Fedtakes the bonds and exchanges them for $100 billion and loans them to theU.S. Treasury at the current interest rate. Now, the government has another$100 billion to spend as it wishes and is in debt to the Fed for another $100billion, plus interest. As you can see, there really isn't anything being loaned,but merely exchanged. If the U.S. Treasury gave the bonds to the Fed andthe bonds have value, why does it now owe the Fed that much money, plusinterest on top of that?

Well, the answer is simple. The Federal Reserve System was created by anact of Congress. So, therefore this kind of money mechanics has beenlegalized. But in spite of its legality, does not excuse the individual banksfrom misrepresenting the facts about how the loan is actually funded. Youare lead to believe that things are one way, when in fact they are another.Once you understand the deception, it is quite easy to begin to take yourpower back and not feel the least bit guilty about doing it. It is your rightand even your duty. For many, debt has become an incredible burden.Credit card debt is the worst because of high interest rates and low payment

obligations. This is a potent mix that undermines many family budgets. Bymaking only the minimum payment each month, you'll never get ahead.Credit cards were designed to benefit the financial institutions that issuethem, not the end user.

If you are one of the many people who have been negatively impacted bycredit schemes, then the prospect of being able to have your unsecureddebts forgiven by the banks and financial institutions themselves may seem

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appealing. This can all happen without having to stoop to bankruptcy or debtconsolidation programs. Bankruptcy damages your credit for 7 to 10 years.Debt consolidation does lower your monthly outlay by combining all of yourpayments into one. However, consolidation creates a false sense of relief.With income freed up every month, the majority of people who consolidate

fall even deeper into debt within 2 years or less, only compounding theirproblems. On the other hand, debt forgiveness totally eliminates theproblem at the source and does not damage your credit. In fact, in somecases it can actually help to improve your credit by purging your creditreports of derogatory remarks connected with the loans that are forgiven.

So, now that I probably have your interest, I must issue a warning! This isnot something you should try to do on your own. Banks have kept thisscheme going for a long time and they are very good at what they do.Confronting a bank directly about these issues will get nothing accomplished.If you are interested in pursuing this further, I recommend that you seek outa professional who has experience in dealing with these matters. Banks willoften use intimidation tactics once they realize what they are faced with.After all, they are not going to give up their position so easily. They are inthe business to make money and they will use every trick in the book beforethey are going to forgive a loan. But, once an expert confronts them in theproper way, and the bank knows whom they are dealing with, they buckleevery time.

And, the beauty of all this is the last thing a bank or financial institutionwants to do is bring this kind of thing into court. Because, in a court setting

where all the facts are laid out, they have not a single leg to stand on. Thereason why is no one is denying that they are part of a fractional reservebanking system. The bank can never deny the existence of the promissorynote that you signed and its true value in the commercial world. The bottomline is quite simple. During the loan process, the bank did not disclose to youthat it converted "your promise to pay", into an asset that it then depositedbehind your back. And this is why they buckle every time. This little secretmeans instant death to their position, and release of the obligation that youhave to them.

With knowledge of these facts, I believe that you and many others now havethe power to reverse a growing trend of debt dependence. Excessive debt isdebilitating and undermines the very fabric of the creative spirit. With debtfreedom, life can become less burdensome. Debt is a weight, and when it isgone it frees the spirit to open up to greater possibilities.

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America is Drowning inDebt

We read about it every day.

More people than ever before in

history are filing bankruptcy.Their attorney has advised themthat, “You have to filebankruptcy, there’s no otheroption.”

That simply is not true. Theoptions abound. The truth is

that bankruptcy is a productthat attorneys sell. That’s a fact.The reality is that bankruptcymay be your very worst option.

DON'T MAKE THEBANKRUPTCY MISTAKE

Get Started Today on yourFinancial Freedom

CLICK HERE TO LEARNMORE

So what are the others?

Consolidation?

A bad option. In consolidationyou will probably need a secondmortgage which will spread

your payments out over manyyears. While it lowers themonthly amount, do the math.It is a horribly expensive way togo. And, god forbid, what if youfind yourself in the sameposition you are in today fiveyears down the road? Youcannot meet your new creditcard payments, house

payment, car payment, andsecond mortgage payment.What happen to your home? Itis at risk. You could lose it

because you wanted to loweryour credit card payments. Abad option.

Settlement?

Another bad option. Thinkingthat you can cut your debt inhalf with a settlement companycan surely seem appealing.Butcan it really be done? They’ll tellyou so. So let’s look at themath. First , add in their fee.

What is it?

10%? 15%? OK, so that’s partof what you will be paying.

Now that 50% becomes at least60%, right? Are their monthlyservice charges as well? Addthose in.

Now here comes the kicker –

the company which gave youthe 50% reduction is going tosend you an IRS Form 1099.You are responsible for payingtaxes on the amount of debt

relief. They didn’t tell you aboutthat, did they? So, assuming a 20% taxbracket, then 20% times 50%is 10%. Add that to theamount you will have to pay…we’re now up to 70%, right.(And they said there wouldn’t

be any math…) What if theoriginal debt was $40,000?That means you will have to pay70% of $40,000, which is$28,000. But wait!!! What if you miss a

payment? What happens then?Here’s the sad truth: you willlose everything you put into theprogram and be right back atsquare one. That’s another itemthey may overlook telling you.

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GET STARTED TODAY

CAN YOU STOP PAYING ON YOUR DEBTS AND NOT LOSE

EVERYTHING? IS THERE A LEGAL WAY TO NOT PAY

AND NOT WORRY ABOUT IT?

YES, THERE IS!!!

For too many years we have been pushed around and bullied by the big banks and creditcard companies. They can charge us as much as 34% interest on our purchases and onlypay us 3% or 4% on our savings. They recently doubled many minimum payments andcaught us in the crunch.

Now we have an answer – and it’s not an internet scam like so many so-called “debtelimination” schemes. We don’t go after the banks; we don’t try to convince a local judge that the entire banking system is a fraud. That’s a waste of time, effort, andmoney. It might be true but it’s a futile effort. Instead, we use the existing laws of the land to provideabsolute legal protection against anyone taking our paychecks,touching our bank accounts, or attaching our properties –LEGALLY. You want and need lifelong protection against them. You needsomething that will put the power in your pocket and take the bankers’ hands out of them. How about using a method designed and supported by an attorney with over 25years experience in debt solutions, trusts, foundations, and tax law?

Benefits of the AssetProtectorGroup.com’s Premier Program®

Once you’ve entered our Protection, you’ll have better protection than you would haveunder bankruptcy, plus no court appointed trustee or other individual will be in control of your funds – only you. Your income, wages or salary, are never at risk from garnishment or levy. The courtprotects your income totally. Bank accounts are protected from banks, lenders, thirdparty debt collectors, credit card accounts, doctor and hospital bills, new or futurelawsuits and judgment creditors. They can all sue and win – and can never collect adime. The benefits last your entire lifetime unless you voluntarily decide otherwise.There are no tax consequences; and as usual, we suggest you consult with a taxprofessional to confirm this. These benefits are achieved without ever having to appear incourt. No other attorney is required. You are in control of your money. You make thedecisions who to pay, when to pay, how much to pay, or whether it is best for you NOTto pay. THESE ARE ACTUAL BENEFITS FOR YOU WHICH CAN BE PUT INTO PLACE WITHIN

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THE NEXT TWO WEEKS STOP MAKING PAYMENTS TODAY AND NOT WORRYABOUT IT. If you are current with your payments and see the handwriting on the wallthat you won’t be before long, if you are getting collection calls, if you have a localattorney hounding you, even if you’ve already received a summons to appear in a localcourt, we can still help you. Our legal team is in place and standing by to assist you. Oursystem is streamlined to allow you to have protection from your creditors – and from allcivil lawsuits – in place within a matter of days, not weeks, months or years as in some

so-called debt elimination programs.

Don’t be fooled by programs offering protection through back dated documents, by hidingassets off-shore, or by the myriad of other devices which won’t stand up in court. OutAPG Premier Program is totally auditable and based on solidly founded paper trails of facts, not some fictitious scheme. Within days your protection will prevent anyone frombeing able to collect a dime from you – while putting the power in your hands to dictateyour own terms and conditions. Many of us worry about our credit rating. This program will teach you how to restore it,not through some wild method of dispute which has consistently proven to be atemporary fix, but a proven method of power negotiation.

Within a year – if you choose to do so – your credit can be restored and all negativeremarks corrected by the creditors. You’ll learn how to use the power given to you by thisprogram. It’s incredible.

YOU WILL HAVE POWER OVER THE BANKERS FOR THE FIRST TIME INYOUR LIFETIME

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For Immediate Assistance Please Call Us At:1-877-265-4594 and mention you were referred by ISA

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Debt Elimation Without Bankruptcy