National Credit Card Debt Relief – What Your Creditors Don’t Want You To Know

Oct. 11, 2010 - PRLog -- Massive credit card debt threatens the demise of millions of households but only because there is a whole lot of information the banks and card companies would rather keep secret. In this tangled mess of confusion there is one truth you must discover and it is very simple: good citizens don't pay credit card debt! You'll find all the proof you need here on this page.
Even the US government, yes good old Uncle Sam, would like to see you stop paying your card account because not only would it reduce the national debt, it is one of the few ways to end the depression we are in. It might seem strange that doing something so drastic would improve our economy and bring jobs back but you will even have the government helping you do it!
To discover exactly what it is they don't want you to know, you'll need to do a little historical research. The University Of Colorado School Of Law has put together a 90 min. video showing you exactly how this two-sided conflict has been raging since our Constitution was written. Google the search term "the gig is up - money the Federal Reserve and you" and you will be totally amazed!
Amazing wasn't it? Every penny you put on a card account makes the national debt grow. When you stop paying, the account is closed by law after six months nonpayment and then things really begin to get interesting. The banker has used your account to produce another account nine times bigger than the amount of your account. For example, if your account is $10,000 the bank supposedly "loans" an additional $90,000 to others of nonexistent money.
Closing your $10,000 account by not paying reduces the national debt by $100,000 and no money whatsoever is lost by the banker. But now you find yourself being chased by a debt collector and you worry about your credit score dropping drastically. Well, in this seemingly no-win situation you find yourself in, Uncle Sam is standing right behind you smiling with legal information that will make the collector go away without a penny and remove any negative from your credit report.
Now the banking powers really don't want you to know this but it's the key to your success by making collecting money from you impossible. Google the search term "FTC debt video" to see a cartoon show telling you about your rights under this 1966 law on how to stop harassing phone calls and learn to legally answer collections notices.
Every credit reporting agency is operating illegally under federal law. Section 609 of the Fair Credit Reporting Act says the reporting agency must have verifiable proof that what they are reporting is true. There's not one single scrap of paper at any reporting agency that can verify anything!
Now you know why good citizens don't pay card debt and why Uncle Sam is there to back you up using our constitutional rule of law. You have learned more information in this one article than most people will ever know. Tell your friends so together we can end this depression, restore our nation's financial integrity and yours by exposing this suppressed information.
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If you are struggling with paying back your credit card debt or any other unsecured debts there is legitimate help out there. Debt settlement usually makes financial sense for consumers with over $10k in unsecured debt. There are also other options available. To talk with a debt relief counselor for free help check out the following link:
Free Debt Advice
(http://www.defeatdebts.com)
Or Call - 877-853-6466