Debt Relief

Do You Hear Laughter?

Do you know your banker is laughing at you?

Every time you ask for a loan …

Every time you make a payment …

Every time you use your credit card …

Yes, he has taken advantage of you —

BECAUSE YOU ACTUALLY MADE A LOAN TO HIM!!

But don’t believe us… read it in their own publications:

“A deposit created through lending is a debt that has to be paid on demand of the depositor, just the same as the debt arising from a customer’s deposit of checks or currency in the bank.” (Federal Reserve Bank of Chicago, Two Faces of Debt, p.19).

“Of course they do not really payout loans from the money they receive as deposits. If they did this, no additional money would be created. What they do when they make loans is to accept promissory notes in exchange for credits to the borrowers’ transaction accounts.” (Federal Reserve Bank of Chicago, Modern Money Mechanics, p. 6).

This money game is nothing new. It’s just been perfected to a more sophisticated level.

 

Thomas Jefferson:

“If the American people allow private banks to control the issue of their money, first byinflation and then by deflation, the banks and corporations that grow up around themwill deprive the people of their property until their children will wake up homeless onthe continent their fathers conquered.”

 

James Madison:

“History records that the money changers have used every form of abuse, intrigue,deceit, and violent means possible to maintain their control over governments by controlling the money and its issuance.”

 

Henry Ford (Founder of Ford Motor Company):

“It is well enough that the people of this nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning”.


Have you been cheated?!?   Did you really get a loan when you contracted to borrow money from the bank to pay for your purchases, home or automobile? Or was it just an exchange (your Agreement/Note for cash), but the bank called it a loan? Or did two loans occur?

The FED says that money is anything that can be sold for cash and the bank accepts like money. Your credit agreement or promissory note can be sold for cash and the bank uses your promissory note like money. However, the bank does not want you to know that your promissory note, alleged loan agreement, is converted to cash. The bank used your promissory note as new money which is similar to counterfeiting and swindling. (Yes, without your knowledge) This allows the bank to obtain the promissory note for free and has the economic effect similar to stealing.

You want the PROOF? Ask the bank to give you the details concerning the bookkeeping entries and your promissory note or credit Agreement. He is unable to reveal these details because it exposes the bank to the true substance of the transaction which is not disclosed in the alleged agreement. In order for any contract to be valid, there must be ‘full disclosure’, ‘good faith’, ‘valuable consideration’, and ‘clean hands’.


Want to get the LAST LAUGH?!

Here is what the banks advertise: “Come to our bank. We have money to loan you”. Is this really what happens?

When you entered into a loan contract with a bank, you signed a note or contract promising to pay the bank back, and you agreed to provide collateral that the bank could seize if you did not repay the loan. The transaction for a credit account is much more tenuous since it is unsecured, i.e., no collateral is involved. In either event, the contract supposedly qualified you to receive the bank’s money.

But did the bank provide ‘full disclosure’ of all of the terms of this agreement? Answer the following questions and decide for yourself if the bank was acting in ‘good faith’, that you received ‘valuable consideration’, and that your ‘signature’ on that agreement is valid.

1. Were you told that the Federal Reserve Policies and Procedures (see quotes on reverse side) and the Generally Accepted Accounting Principles (GAAP) requirements imposed upon all Federally-insured (FDIC) banks in Title 12 of the United States Code, section 1831n (a), prohibit them from lending their own money from their own assets, or from other depositors? Did the bank tell you where the money for the loan was coming from?

2. Were you told that the contract you signed (or your promissory note) was going to be converted into a ‘negotiable instrument’ by the bank and become an asset on the bank’s accounting books? Did the bank tell you that your signature on that note made it ‘money’, according to the Uniform Commercial Code (UCC), sections 1-201(b)(24) and 3-104?

3. Were you told that your agreement or promissory note (money) would be taken, recorded as an asset of the bank, and be sold by the bank for cash – without ‘valuable consideration’ given to obtain your note? Did the bank give you a deposit slip as a receipt for the money you gave them, just as the bank would normally provide when you make a deposit to the bank?

4. Were you told that the bank would create an account at the bank that would contain this money that you gave them?

5. Were you told that a check from this account would be issued with your signature, and that this account would be the source of the funds behind the check that was given to you as a “loan” or behind your credit card as you used it?

If you answered ”No” to any of these questions, YOU HAVE BEEN CHEATED!?

Consider this:

You have a ‘loan’ or a credit card from XYZ Bank and your payment to them is $175 a month. Now that you know how the funds they ‘loaned’ you were created, how fair is it for you to have to work, say, 7 & 1/2 hours —  one full day  — in order to make that loan payment while XYZ Bank created the funds with just a few keystrokes?  But that’s not all.

Consider also, the fact that your ‘lending’ institution is not at risk since there were no funds taken from other depositor’s accounts or from their own assets. The reason interest is added on to a loan is because the lender is taking a risk by lending to you and is therefore entitled to make a little more than just a return of funds lent. This condition simply does not exist. If you never paid the ‘loan’ back, they would lose nothing.

Since the banks and other lending institutions cannot allow “full disclosure” of your “loan” agreement and cannot answer your challenges about it, their silence is your key, along with the Administrative Notices and the UCC, to rid yourself of fraudulent debt and “payoff” their alleged “loan” to you. YOU WILL GET THE “LAST LAUGH”!!!

Debt Elimination/ Satisfaction/ Accord

It is our own ignorance of the law and the money/credit system that allows us to be deceived, intimidated, abused, oppressed and lied to. We can use the laws put in place to protect us from predatory lending and collection actions.

If you then wish to utilize what you’ve learned, documents can be customized with your data and e-mailed to you. The Notices you use point out the billing errors that have resulted from the “lenders'” lack of disclosure. Since you never refuse to pay what you legitimately owe, you always remain in honor. You are simply asking them to correct the error and adjust the account to reflect the fact that the lender did not give you any of their assets. Along with the documents, you will also be sending them a check made out to the ‘lender’ for $25 marked with certain wording for a contract & a  bookkeeping fee for them to correct the error, and you will be returning the last statement or presentment that was sent to you.

We work with you every step of the way, but please be aware that this is not an arrangement, whereby, you pay us and we take over the matter(s) for you. We are assistance of counsel. We can get you 90% of the way there, but education of  one’s self is quite important and necessary. We are not attorneys and cannot and do not represent you. Of course you will get a digital template of what was done and you will be able to ‘learn to fish’ and duplicate the example.

There is a Power of Attorney (“POA”) and the Notice of Fault are worded in such a way that even if they do not respond, they will grant POA to you so you can make corrections to your credit report if that needs to be done. All the documents are sent to them by a third party notary witness, with the notary’s Notarial Presentment / Certificate of Mailing and conclude with the Notary’s Certificate of Non-Response.

If the Respondent does not reply to your documents, you can send a follow-up Notice of Fault through the notary and finally, when after some time an answer is still not received, the notary will issue a Certificate of Non-Response. If you receive a response you’re unsure of dealing with, you can consult with us. If the Respondent should write to our notary, a $35 fee will apply to cover the notary’s time and expense for the reply.

We work with you every step of the way, but please be aware that this is not an arrangement whereby you pay us and we take over the matter(s) for you. We are not attorneys and cannot represent you. Besides, gaining an understanding of how the monetary/credit system works, and then reading through and executing the documents yourself enables you to build the knowledge base to conduct future commercial affairs with confidence and expertise.

If you have many credit accounts to eliminate, then if you feel confident enough, you can use the same process for eliminating other credit “debts” you may have. We can provide the notary, third party witness to send them with a Certificate of Mailing to the “lender” for $40 per mailing, which includes the certified mailing/return receipt card cost.  If you don’t have the expertise in handling such documents,or just don’t have the time to prepare them, we can process additional ones for you at the rate of $225 per credit account.

If your ‘lender’ or collection agent engages an attorney, just contact us to discuss the options in handling that.

Getting Started

The $450 investment covers consultation by e-mail and/or phone, all the documents described above, notary witness services.

*** Would you like Templates to complete yourself? $295 investment will cover our sending you templates for your completion, the mailing costs, witnessing service of your documents by our  Notary Public and, of course, e-mail (document review) and phone consultation if needed. ***

Here is what we need:

  1.  The last credit account statement(s), letter(s) or whatever was sent to you, with a note containing your contact information (name, address, phone #, e-mail address) and Social Security number. The $450 (or $295) can be in a Postal Money Order, preferably with the ‘pay to’ line left blank, through PayPal or credit card (click here), or credit card over the phone.).
  2. We will also need a check made out to the lender in the amount of $25. We will go over how to handle this when we begin the process.

Mail statement/letter(s) (it needs to be the actual, original), your information, the lender’s check and donation for us, to:

Limitless*
1143 Northern Boulevard, #154
Clarks Summit  18411  Pennsylvania

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Need more information? It would be best to e-mail (preferred) an explanation of what your current situation is, or call/text  570-483-8683.

*formerly Penny Pincher Press

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