During the time you are not making payments to the credit card company they will constantly attempt to contact you to discuss it. You can send them, the original creditor a letter requesting that they only contact you in writing. You will then be contact by some collection company. They are absolute ruthless in their effort to frighten you into making a payment. Don’t! When they call hang up do not speak to them or insist that they write you. Also, it is very important that you familiarize yourself with your rights under the
Fair Debt Collections Practices Act and the
Fair Credit Reporting Act. Collections representatives often behave in unscrupulous ways and knowing your rights is your key to fighting back.
During the time you are not making payments to the credit card company they will constantly attempt to contact you to discuss it. You can send them, the original creditor a letter requesting that they only contact you in writing. You will then be contact by some collection company. They are absolute ruthless in their effort to frighten you into making a payment. Don’t! When they call hang up do not speak to them or insist that they write you. Also, it is very important that you familiarize yourself with your rights under the
Fair Debt Collections Practices Act and the
Fair Credit Reporting Act. Collections representatives often behave in unscrupulous ways and knowing your rights is your key to fighting back.
You will hear radio and TV commercial telling you that they know truths that the credit card companies don’t what you to know. I have never heard them tell anyone that when the Credit Card Debt or Unsecured Debt is written off the debt, they receive tax credit; they collect on insurance that you paid for in your monthly payments and sell the account to Collection Companies.
Doesn’t that sound like the original creditor has already been paid? Yes and more, especially when you find out that the “debt” was created out of thin air….they monetized your signature. Believe it or not; that’s the fact.
You will hear radio and TV commercial telling you that they know truths that the credit card companies don’t what you to know. I have never heard them tell anyone that when the Credit Card Debt or Unsecured Debt is written off the debt, they receive tax credit; they collect on insurance that you paid for in your monthly payments and sell the account to Collection Companies.
Doesn’t that sound like the original creditor has already been paid? Yes and more, especially when you find out that the “debt” was created out of thin air….they monetized your signature. Believe it or not; that’s the fact.
So where do you go from here? The three most common ways to eliminate unsecured debt are....
1. paying as agreed – that’s like agreeing to be robbed more.
2. bankruptcy – using a bad option due to the changes to the Bankruptcy Law in 2004 by the Bush administration, estimates are that less than 10% of people who file for bankruptcy are successfully discharging any debt. Most have to pay it back now under Chapter 13.
3. settlement with the creditor for less than the balance due - also known as debt settlement or debt negotiation…how secure is you job? Can you commit to pay the settlement amount for 1, 2, 3, years?
Note: Credit Counseling and Debt Consolidation services typically focus on eliminating your debt by settling with your creditor for less than the balance due. These services are typically owned by large banks and credit companies and typically charge a fee.
We are told that this country is still governed by the rule of law. If you believe that, it is time to fight back and use the resources here and else where. Put your fears way and do fight back. If you don’t the banks will only keep on increasing the heat until the pot boils and you are cooked!
Have you seen the movie Brave Heart?. The point is that this is the kind of person we our looking for. Our services are powerful and work for you, but you need to be ready to fight back and assert your rights. Listen to the overview on my website www.creditcardrip.com and complete the contact form. I will have a brief conversation with you and e-mail you all the details for your consideration.
Here is a solution to your unsecured debt. This is an ethical, moral and completely legal program to show you how to get out of the spiraling clinches of “Credit Card Hell” and take back your credit worth reputation. This is NOT-- Debt Consolidation, Debt Settlement, Arbitration or Credit Consumer Counseling. Don’t even think about considering the stigma Bankruptcy would carry for you—and the additional expense that goes with it… Visit us at Credit Card Rest In Peace or call us at (949) 240-7401
We look forward to getting you back in control of your financial future!
Check out my blog at
Eliminate-Credit-Card-Debt-Options
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