This web site is
informational and not advisory. This page does not constitute legal
advice. No person or entity should act or forbear any act based on the
information contained herein. You should always contact an attorney,
authorized to practice law in your State, for specific legal advice. The
information and materials are true to the best of our knowledge.
Debt Elimination
and Financial
Advice
Permit me to issue
and control the money of a nation and I care not who makes its laws. - Mayer
Amschel Rothschild

#1
Discharge your Mortgage (Trust Deed)
Mortgage Elimination
is
an administrative process, which disputes the debt through
administrative procedures and administrative law. Using the statutes,
laws, case law and acts that are positive law, the process begins with administrative letters of dispute
sent to your mortgage bank. The administrative process is based on U.S.
Supreme Court decisions, United States Code (USC), the Fair Debt Collections
Practices Act, the Fair Credit Billing Act, the Uniform Commercial Code (UCC),
and numerous Banking and Lending laws.

"We Thought We Were Getting A Loan"
A letter to a friend:
Dear (name deleted)
I’ve recovered my composure, but I’m still
dazed. A friend called me to ask if my wife and I had a conventional mortgage
and if we did, did we realize that we were being badly misled? That’s a serious
charge and I didn’t understand, so he explained that our lender used the
promissory note we signed at closing to pay off the former property owner, never
loaned us money out of his own pocket, did not tell us, and still requires
monthly payments!
But, I protested, how can he do that?
We’ve paid more than $140,000 so far, keeping our agreement at the risk of
default and foreclosure. And wasn’t the lender taking a big risk with us for 30 years by lending us
the purchase price of our home? No, he wasn’t, isn’t, and never will be.
Little did I know that the lender deposited
our note in an account just like cash, and listed it as a new asset. He then
obtained credit from the Federal Reserve with this asset, expanded that money
anywhere from 9 OR MORE times, used some of the money to pay off the previous
property owner, and kept the rest. He never loaned us a dime! In fact, we
loaned him money and he literally carries our promissory note on his books as a
liability, just as if we had deposited cash in his account that he would then be
obliged to give back to us if we demanded it. We literally paid for our house
on the spot with that promissory note, but we’re paying again, over 30 years,
for the same house! This is crazy, I said! I thought we were getting a loan.
In fact it was an exchange. Value for
value. Our note for the house. No loan that passes the “sniff test” was
made to us at any time. The bank never loaned us anything.
In an honest loan agreement, the lender’s
supply of money would shrink by the amount that he loaned us. He’d be earning
his profit (interest) by risking money that was really his. In our case, the
lender’s pool of money exploded when he took advantage of his status as a
Federal Reserve lender and created money out of thin air with our note. If a
private lender tried this, it’d be counterfeiting and he’d end up in the
slammer.
It’s called fractional reserve banking and all
lenders who are part of the Federal Reserve System do the same thing. Only they
don’t tell you what they do with your note, and that’s dishonest. Why? Because
by law, if the actions of either party to an agreement significantly alter the
cost or risk as originally represented, he is obligated to inform the other
party. Lenders NEVER tell “borrowers” that their promissory notes are instant
cash cows, that they use your note to fund your own loan, or that they incur
little risk. But you still pay a second time, month after month, year after
year for something you’ve already paid for with that note!
The lender is NOT telling you that:
-
He’s funding the purchase of the property with your promissory
note and that no money comes out of his pocket to do that.
-
He does not incur nearly the risk he says he does.
-
Your note is a negotiable instrument, redeemable in cash for
up to nine times the face value of your note, exponentially increasing his
profit potential.
-
And if you understood what your lender did with your note and
you had a law dictionary, you’d realize what your Deed of Trust or Mortgage
really says, which is that……
-
Your lender accepted your Promissory Note as payment in full
for the property.
-
You enter the Deed of Trust or Mortgage agreement after
signing the Promissory Note as the sole owner of that “Fee Simple” property,
paid for in full by your signature on the note, and then you sign it away as
collateral for the privilege of paying again, paying this “trickster”
principal and interest for the next 30 years.
Whereas, silly us,
-
We thought we were taking out a loan.
-
We had to qualify for the loan, establish ourselves as a
worthy risk.
-
We had to jump through hoops to provide all the documentation
– tax statements, banking references, income statements, cash balances,
investments, other “loans”.
-
We felt so grateful to the lender for making it possible for
us to have a home.
-
We sweated the possibility of foreclosure, loss of our home
and our credit rating.
-
We’ve made every payment on time, over $140,000 so far, with
22 years of payments to go.
Have we kept our side of the bargain? You
bet we have. I even feel like we should keep paying because I’m old fashioned
and my granddaddy told me you don’t get something for nothing. Well, did we get
something for nothing? No, but the lender did! Were we tricked? Yes we were.
The lender created the money to purchase our
home from the previous owner out of thin air with our promissory note, expanded
it up to nine times, invested this free money to get free interest, never paid
taxes on this extra money he created, then held hostage the title to our home
that he didn’t pay for while he began collecting 2 ½ times the original purchase
price from us one month at a time for 30 years!
We gave that lender enormous value; value far
exceeding the purchase price of the home we live in. But, like millions of
other homeowners, we couldn’t see behind the curtain that was drawn when we
handed over the promissory note. We didn’t know how banking works. We didn’t
understand what constitutes value in our system these days, and the lender never
told us. Why would he? If he had, we’d have demanded a darn good reason why we
were going to have to pay him more than $500,000 over 30 years, for a house that
we had already paid for, not to mention the liberties he took with our note by
expanding its value without our permission.
We’re doing something about it, and you can
too. We’ve submitted our documents to a very professional company
that for a fee can satisfy the outstanding balance on our mortgage legally,
safely, and permanently. No more mortgage payments ever again in as little as 6
WEEKS TO 7 WEEKS
Your friend, (Name deleted)
The principles behind credit card debt and mortgage
debt elimination are the same. The procedures are different.
Debt Elimination (technically Debt
Settlement because you end up settling with the bank allowing them the voluntary
effort to discharge your debt) provides a
highly confidential administrative procedure that has thus far been 100%
effective. It's a non-confrontational way to insure there's no litigation.
After all, what bank would be dumb enough to want to take their own fraud into
court with someone who knows their secrets and how to deal with them?
Brief review of process:
For your protection, first a
Family Estate Amendable Complex Trust is established in the homeowner's name. (ie.
The Wilson Family Trust) The title is placed in the trust for asset protection
while the Trustee handles all legal aspects of the procedure, as well as, funds
distribution.
The Trust is set up as such:
The Grantor is you- the borrower. The Trustees are the two principles of the
Provider. You
decide whom to appoint as the beneficiary(s) of the Family Trust. (probably
yourself). Under law, a trustee has fiduciary responsibility to the
beneficiary. In this process, the Trustee's position
is to deal with the debt on the property.. not with the property itself. They
have no intention to sell the property or to take any other action against the
best interest of the Beneficiary(s).
The Trustees make a Presentment
to the bank in the form a cash-backed bond in double-amount of the promissory
note. In addition to the bond, the Trustee lawyers begin the legal process by
sending out a legal complaint in the form of a CPA Report that outlines 40 or
more different federal laws that have been violated in the "lending process".
Lender has a certain time frame from the date of acceptance to answer the claim.
NOTE: The bond
issued is a valid, rated instrument backed by a $120 Million Letter of Credit
against the Assets of an 85-year old, $800 Million Swiss Trust Company.
The bank can keep the bond as
payment based upon the following certain condition: The Lender must validate the
debt. In other words, the Lender must PROVE a legitimate and valid loan was
given. If the Lender accepts the bond and cashes it without providing the
necessary documentation regarding the validity of the loan, the Lender agrees
that the Client/Trust has been damaged 10 times the amount of the bond. Cashing
and acceptance of the bond is acceptance of these conditions. (Remember, the
Lender really never loaned you anything)
The Trustee's legal team will
notify you when your loan(s) is/are satisfied. Usually, this will happen within
45 to 60 days from the time the paperwork is approved. Your lender may or may
not let client know or acknowledge this. Once the loan(s) is/are satisfied,
re-financing begins. The client is to refinance the property at the maximum loan
to value ratio possible. The purpose of this new re-financing is for the you,
the client, to compensate the Provider. All
remaining funds belong to you, the client.
The process takes 5-7 months in
most cases; however, the contract has a full year for complete performance. The
end result is that the client gets free and clear title to the home and a good
amount of cash in hand. The Family Trust can stay in place for at least a year.
After one year, you have the option to continue the Trust at a fee of $1,000
per/year. This is a phenomenal protection device from any manner of creditor or
financial predator who would attempt to attack your assets.
#2
Discharge your Credit Cards, Auto Loans, and other
unsecured loans
Credit Card Debt Elimination
Welcome to a new debt free world. Debt is
one of the biggest worries for most families and small businesses Qualified
professionals have solutions to help set you free from debts forever through
debt elimination (without bankruptcy).....not debt consolidation, not debt management--debt
elimination!
It's real and thousands of people just like you have taken back
their lives through debt elimination. The process is legal and ethical, does
not draw on US Treasury but on the bond illegally and immorally established
to use the wealth of each American born and consigned as collateral on the
national debt. Now you can assume control of your own corporation (your
corporate self that was created with your birth certificate) as is your
legal birthright. (They never told you about this, did they?)
Last
year there were over 1.3 million bankruptcies, the majority caused by
unmanageable credit card debt. What these credit card holders didn't realize is
that when banks approved their credit card and established their credit limit -- the banks used the applicant's name and signature to create the money to fund
the card. So, in essence, it was the applicant's own money!
You created the money with your signature. The
bank never actually loaned you anything. They never had the money to loan
to begin with. This applies to mortgage loans, as well. This is how
the entire American banking system works. Never do they loan you anything
out of their pocket, yet they expect you to pay them back every month for
something they did not give you.
How can
such a con game be allowed? A few generations back, just as a new Congress and
President were about to take office, and when many Congressmen and Senators had left
Washington, DC for their Christmas holiday, laws drafted by international
bankers to set up the Federal Reserve System were passed hurriedly with little
debate. Most people do not realize this, but the Federal Reserve also owns and
controls the IRS. The Federal Reserve is a private corporation and IS NOT a part
of the government. Our constitution clearly states that only the U.S.
Treasury can create money. Then how did a private corporation - the Fed -
get where it is?
The Federal Reserve is not part of the U.S government, there is no
"Reserve" and it is not a
"Bank". It is a cartel of rich
bankers, mostly european, who control the US and World (along with other central banks) money
supplies.
There
are existing statutes, policies and procedures that banks and other financial
institutions are required to follow, however. Even a cursory examination of
these laws reveals that modern lenders breach their contract with
every
customer! Banks, credit card companies, and other financial institutions
advertise that they are in business of lending money, but this is so false that
their own accounting system shows that the exact opposite is true. They
take your note that you signed, and convert it into a bank asset without telling
you. They then deposit it into their asset account as their asset.
In bookkeeping, when you make an entry into the asset column, you have to
balance it with another entry in the liability column. What do you think
they enter? They make an entry that they owe you that same amount back!!
But they don't tell you that part.
Usury Law states that no interest can be
charged for a loan that never existed. The credit card companies never gave you
a loan. If you think they did, ask yourself this question. Did your credit card
company ever send you money for the amount of your credit card limit along with
your credit card when you first got it?
Contract Law states that when you sign an
agreement or contract, you must be given full disclosure of what is about to
happen, yet the credit card company or bank never told you how they were going
to fund your credit card, did they? Since the bank or credit card company never
told you any of this, the contract is null and void because you were mislead.
You assumed that they were loaning you the money when in fact that is not true.
It was in essence you, yourself, who gave yourself that loan. The bank only acts
as a vehicle to make that happen for you.
The truth is
your strength and we show you how to use it to your advantage in correcting this.
Does this sound incredible to you? That you could actually cancel your
credit card debts and never make another payment? More than a few of the
people who have come to us
for help have felt that way, too:
It just
takes a willingness to see the truth behind the illusion and the courage
......to take
back your power......
|
"When I called you about debt termination, the very idea sounded pretty
crazy. But, I'd about run out of options, so I decided to go for it. Sure
does feel good to have 70K of debt off my back! Thanks!"
-- Steve B.,
Missouri |
Below is an actual document that reveals the power that
banker's expect to exert on the hapless people who become victims to their
banking system that gives people the illusion that they are in debt to the
bankers. They are actually saying how they want to control us...by
foreclosing on us we become weak and fearful and hence compliant like sheep.
E X T R A
C T: THE BANKER'S MANIFEST
Capital must
protect itself in every way, through combination and through legislation. Debts
must be collected and loans and mortgages foreclosed as soon as possible. When
through a process of law the common people lost their homes, they will be more
tractable and more easily governed by the strong arm of the law, applied by the
central power of wealth, under control of leading financiers. People without
homes will not quarrel with their leaders. This is well known among our
principal men now engaged in forming an imperialism of capital to govern the
world. By dividing the people we can get them to expend their energies in
fighting over questions of no importance to us except as teachers of the common
herd. Thus, by discrete action we can secure for ourselves what has been
generally planned and successfully accomplished.
from
the Banker's Manifest, for private circulation among leading bankers only.
"Civil Servants' Year Book (The Organizer)" Jan 1934 & "New American" Feb 1934
PS
This applies for credit card debts and student loans debts as well.
|
A great industrial nation is controlled by it's
system of credit. Our system of credit is concentrated in the hands of a few
men. We have come to be one of the worst ruled, one of the most completely
controlled and dominated governments in the world--no longer a government of
free opinion, no longer a government by conviction and vote of the majority, but
a government by the opinion and duress of small groups of dominant men.
--President Woodrow Wilson
|
| Read excerpts from the
book "The Creature from Jekyll Island
The
following is a detailed explanation of how our Credit Card Program works,
including the timeline of all events.
The first step in the Credit
Card Program is to submit, with your membership documents, a completed form
listing all the credit cards on which you wish to complete the process as
well as a copy (front and back) of all credit card statements. Along with
these statement should be payment in the amount of $100.00 for each credit
card submitted. All payments made are required to be in certified funds.
The
Credit Card Program is based on the enforcement of federal consumer
protection laws under the Fair Credit Billing Act (FCBA), the Truth In
Lending Act, (TILA), Fair Credit Reporting Act (FCRA), Fair Debt Collections
Procedure Act (FDCPA), as well as usury violations by the lender.
Once we have received
all documents and payment, we will start the process by emailing you a
letter to be sent to the lender along with instructions on how to complete
and mail the letter. Once the letter has been mailed, you will need to
forward to us (via fax or US Mail) any correspondence from the lender or any
party purporting to represent the lender so we can determine if any follow
up correspondence will be required. Once two billing cycles or ninety days
have elapsed, you will contact ADE so we can put you in touch with the
attorney that will handle your case. The attorney will require the
following items. Copies of the last three credit card statements, a phone
log of any calls made by the lender to you, the date and time of the call,
the reason the lender called and a copy of all three credit reports which
should be ordered at the same time you will be contacting the attorney. The
credit reports are going to be reviewed by the attorney to be sure the
lender did not violate the credit reporting requirements.
If the lender agrees
to settle the credit card debt without filing a legal action the attorney
will negotiate the payment of their fees within the settlement.
If a legal action is
required to be filed to get the lender to the negotiation table, the
attorney will be negotiating for release of the debt, monetary damages (of
which you will receive 60%), as well as attorney fees and cost of the
action.
Once the process is
complete, you will have no further obligation to us or the attorney that has
handled your case.
The time line of this
process will be a minimum of ninety days and depending on how far the lender
wants to take it, it could be between four to eight months before a
settlement is achieved by your attorney.
Payments on your
credit cards can stop when the letter goes out to the lender. You also have
the option of keeping them current until there is a settlement with the
lender. If you are already in default on your payments, then there is no
reason to resume payments. Keeping current keeps your credit report clean
during the process and you should be able to recover those payments as
over-payments as part of the settlement. Stopping your payments will
usually temporally tarnish your credit report, which will also increase the
amount of damages you would receive in a settlement from the lender.
This is the entire
details and timeline for the Credit Card Program. If you wish to receive
the documents needed to begin the process, please contact us below. |
-
If you are considering a debt
consolidation, read this first
"The ugly truth about why consolidation is a very
bad idea."
-
FACT: The so-called
non-profit debt consolidation services make thousands of dollars from the
money you do pay toward the settlement to your creditors.
-
FACT: Your creditors will report
the unpaid settlement portion to the IRS as imputed income and you will have
to pay income taxes on the money you did not pay to the creditor through
consolidation.
-
What!? That is insane!
-
Wait, it gets worse! The
creditors in your consolidation agreement will continue to report your account
to all credit bureaus as a bad debt that was never repaid. What incentive do
you have to make any deals with them?
-
Did you know that 98% of the people who
qualify for debt consolidation programs never complete them? They
can't afford to continue the payments and when they finally give up, they find
that their debts are much higher than when they began debt consolidation.
-
What if you just stopped paying? Gee, who ever
thought of that? There are no more benefits or incentives to continue paying,
the only thing you can look forward to is wasting more money until you realize
it's hopeless.
-
If you are considering working with a
company that does Arbitration, read this first
There are several companies marketing debt
termination programs. The credit card banks continuously are finding ways to
fight back. They are not idle. All this talk about them not really loaning you
anything can be countered with clever legal chess moves. They are as tireless as
we are determined, but they have a bigger stake - they are fighting for their
existence. They do make small incremental gains and a good company will be able
to adjust and follow procedure that is successful. A great number of the debt
elimination companies use a process called ARBITRATION. An arbitration, as
defined by the debt elimination industry, is the implementation of a series of
legal correspondence sent to a credit card issuing bank in an effort to
demonstrate a legal basis to petition for a relief of debt.
Upon completion of a series of
correspondence and their related responses, the
collected evidence is brought before an arbitration
council in your area. Generally, a bank is unable to
bear the burden of proof required to validate the
debt in dispute as we have discussed above. An
arbitration is usually found in favor of the
applicant, forwarded to the bank and an appeal for
relief requested. However, this older methodology
has several inherent weaknesses.
What are the problems with
arbitration? Initially, years ago, 5-6
letters were adequate to complete the process and
Arbitraion worked. The banks would discharge
the debt. Now, it is not less than 20
perfectly constructed correspondence, with their
required acknowledgments, to overcome bank
responses. The banks are now, as of the end of
2003, ignoring arbitration findings and
counter-suing the client. If the client,
bearing the burden and cost of a lawsuit, does
ultimately win, the banks have begun sending an IRS
form 1099c for the full aggregate amount of the
cards disputed. A federal tax liability is now
due upon receipt. Consolidation, debt reduction and
mediation companies, without exception and as a
result of their processes, can and have caused this
exposure their clientele.
Is this a SCAM? Click
Here
|
Next Step for
Credit Cards More Information - Next
Mortgages
Next |