Get Out Of Debt Free Pt.2
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 …
Get Out of Loan Debt Related Blogs
- U.S. Likely to Move from Fractional Reserve Banking to No-reserve Banking « Beyond Money
- Get Out Of Debt Free Pt.3. | tehnic.net
- Guest Post: Fraction … Er … Fictional Reserve Banking « naked capitalism
- THE FOREIGN EXCHANGE MANAGEMENT ACT, 1999 « Advocate Delhi, Law Firm, India
- The Law of Bills of Exchange and Promissory Notes, Being an Annotation of “the Bills of Exchange Act, 1890″ | Web Trade Center Legal Forms
Comments
Comment from jailarson
Time November 28, 2009 at 1:00 am
Money is not real, but it is really annoying.
Comment from AceOfHeart2012
Time December 28, 2009 at 7:39 pm
A contract isn’t the piece of paper or a recorded conversation. The contract is consumated when the parties of interest begin “acting as if” there is a contract. I.E. Making the first payment of a loan is the borrower’s acknowledgment that a loan indeed does exist. I heard of a man who signed a mortgage, and took possession of the home but didn’t make the first payment (or any since) and the bank can’t foreclose because they have the note, he has the home. Equal consideration.
Comment from Easydollars
Time December 30, 2009 at 4:13 am
Money is annoying because we have been so Brainwashed by believing it has value we stress ourseleves out over it.
Comment from MrDorkusMaximus
Time January 31, 2010 at 8:49 am
“Money”, (a commodity of actual value, such as gold, silver, and, in some situations, barter items such as typical foodstuffs), is real. It is fiat currency which is a lie. The biggest problem is that we have been trapped, by our lack of knowledge, into believing that money and fiat currency are both the same thing.
Comment from lifeflower1111
Time November 27, 2009 at 11:45 pm
Thxs for sharing such an important information.