If Credit Card Companies Sue You During Debt Settlement

cognitivefun asked:


www.CreditCardReliefFormula.org What happens if a credit label association sues we during debt settlement? It is easy to solve your own debts mostly for a dime or dual upon a dollar. Creditors do not mostly sue you. But if they do, here’s what can happen…and we will be positively shocked.

23 Comments so far

  1. 407buddy on January 30th, 2010

    Gov’t Data is a lie and a fraud in cahoots with the Blankfein’s of
    WallStreet, manipulating the “American free market”,
    high frequency trading, flash orders, naked short selling, on and on
    The Goldman’s and Gov’t are in bed, setting the rules to benefit the few
    Jobs been exported your labor de-valued to Zero to screw you into debt
    Walk away from your CC cards and (underwater) mortgage
    FICO scores are a scam to enslave you and keep you in debt
    Get out of paper. Don’t be sheeple. Fight back!

  2. careymahoney1974 on January 30th, 2010

    One part where you might be off is when they win in court, because they can garnish if they win.

    HOWEVER,

    Often, the CC companies are just looking for a default judgement, and if you answer them and fight back, as you stated correctly, they won’t go after you.

    You will be at the bottom of the their shit list, and SOL will save you eventually.

    Smart man here.

    Good job.

  3. bluediamond2077 on January 31st, 2010

    signing check thing? file ch 7

  4. bluediamond2077 on February 1st, 2010

    File bankruptcy .The whole system is going to collapse anyways and your credit won’t mean anything.

  5. bluediamond2077 on February 3rd, 2010

    ch 7 you would have paid back 0% . Yeah your credit score may be a little better but who cares the banks are going to collapse and credit will only be for suckers who want to pay 30% interests rates

  6. DebtEliminationDon on February 4th, 2010

    Debt settlement works. It worked for me. I only payed 40% of my debts.

  7. heavyneptuno on February 4th, 2010

    After 6 months: I have to settle for $ 8000 but them whan from me to pay it only in 3 months. So, I don’t have that money to pay them. Also I asked payments by six months. That it not possible.
    Now, What do will happend if i can’t settle? Please some body can help me. Thank you!

  8. sergantfalcon on February 5th, 2010

    stop paying for at least three months. They’ll be calling. When, they call, you can settle for about 50% and removal of your negative reports to your credit. you will have to close your account though.

  9. Velcroisaripoff on February 8th, 2010

    Yea its bull. Hate credit cards and only have the debt because of a divorce.

  10. fubecabr on February 11th, 2010

    Yes. I will wait 6 months and offer them a 29.99% settlement just before 180 days and at the end of the month. I had paid down my citi card principle balance by 50% in one year and 29.9% interest is how they reward me.

  11. Velcroisaripoff on February 11th, 2010

    Do you have a citi card and it went up to 29.99% because it happened to me :’[

  12. 376Susan on February 14th, 2010

    Actually credit is not “real money” Its just monopoly money and you dont have to pay into the corrupt banking system of american enslavement,, most mainstream ppl just know about settlement but that a HUGE scam so i figured ide share this info about this amazing company who helped me get rid of my debt within a year and protected my assets(home,bank) from any liens or levy..their cost is dirt cheap..check them out debtcrisissolutions(dot)com or call the person directly who helped me 347-492-4014

  13. fubecabr on February 17th, 2010

    SO, if you can’t or won’t pay 29.9% interest, you’re a cheapskate?

  14. starwars789 on February 18th, 2010

    i have a 25000 debt with that signing check thing..now out of the blue they raised my interest fee..now out of the 400 dollars i pay every month 100 goes towards the principle..BS any suggestions?

  15. neonneo on February 18th, 2010

    or pay your debt, you cheapskates….

  16. bico375 on February 22nd, 2010

    erase yourdebt asap. com

  17. MORTGAGEMAN420 on February 24th, 2010

    HEY FELLOW AMERICANS,

    We created this debt, let’s fucking find a way to fix this! We do not need to put Band Aid on it, WE NEED SURGERY, we need to get to the end.

  18. imreallydumb123 on February 27th, 2010

    chase? lol, theyre full of shit

  19. NewTalent26 on March 2nd, 2010

    Hi, do you know what a sworn denial is and how effective is it? Thanks

  20. jc7622 on March 3rd, 2010

    Which banks are known to keep good documantation records? Chase Bank?

  21. Magyar1960 on March 3rd, 2010

    So, what you saying is do not show up at court and later challenge it if they find you default?
    What would be the ground for such a challenges?

  22. cognitivefun on March 5th, 2010

    Yes, lawsuits are just one more step to getting out of debt. They are not a terrible thing. I have anecdotal evidence that 80% of cases can be won as described in the video. And the rest, well, so what…they can be settled too.

  23. CreditScoreGoneWild on March 9th, 2010

    Keep in mind sometimes the Defendant is the one who is punished. Often simply because they are Pro-Se. YOU may find that you will have to pay their court costs if you lose. However, “if you got nothing, then you’ve got nothing to lose.” :)

    IMO it’s best to not participate until they get a default judgment. In most cases you will find that the judgment is easily voided later on. Just make sure you don’t wait more than a year to challenge it. Most judgments are void.

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