Credit Card Debt and Contract Law or Please File a Lawsuit Against Me Mr Card Company

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When it comes to credit card debt people needlessly worry about their original card contract and worry about potential lawsuits these card companies may bring against them.
Consequently debt collectors and collection Law firms are now the most popular feared villains in the card debt nightmare in the United States and Canada.
Instead of learning a few basics about credit cards people are out looking for consolidation loans, credit counseling, payday loans and even debt settlement provided by the card company to get out of what they think is a mess.
They've had so much banking gobbledygook poured on their heads they don't know which way is up anymore! So, if you've got debt you can either give the collectors everything, tie a few concrete blocks to your ankles and jump off Deep River Bridge and forget about it or you can spend two hours on this page learning how these card companies work.
Once you have the knowledge you can sit back, beg them to file a lawsuit against you, ring your phone off the hook and have them heaping money on you no matter what they try! It is suggested that you bookmark this page because every little search term you look at is going to leave you pleasantly weak kneed and happy kind of like good old Bill Clinton felt when he was training Monica Lewinsky to be an intern.
First you gotta get over your disbelief that banks don't throw money at you.
They do and you'll find proof using the search term "Frontline - the Chicago debacle" where banks were dumping free cards on millions of people and angering congressional lawmakers to the nth degree.
Now for your understanding of how banks don't lose a penny when you don't pay.
They don't pull money out of the banks vault but out of thin air to fund your account.
Use the search term "the gig is up - money, the Federal Reserve and you" to see how this scheme has turned into a war between the government and the banks.
Warning: this one's going to leave you very weak kneed so be sure you're sitting down.
Hopefully some of the misinformation you've always had is angering you and as your temperature rises melting the gobbledygook off your face, perhaps you're ready to believe you really can play their dumb game and actually take some money from them.
Use the search term "FTC debt video" to see the law those angry congressional members wrote for you back in 1966.
The Fair Debt Collection Practices Act sets forth your rights when dealing with collectors over the phone and through written collection notices.
Record every collector phone call and hope they curse you, claim they're sending the police to get you and are going to file a lawsuit against you, all of which are violations.
Here's the trick: never give them any information other than your name and smile each time they do a violation because it's worth a minimum of $1000.
Does this phone thing really work? Use search terms like "man wins $1.
5 million from debt collector" or "woman sues collector wins $8.
1 million" to see how easy it is to take money from these insanely greedy people.
Hopefully you didn't forget to max out your card because it's just money over the dam for the banks.
You should now have a very high testosterone level from what you have learned but here's a great one to use when some quack lawyer files a lawsuit against you.
If you can find your original card contract check to see if it says "arbitration" can be used to settle this account.
Guess what boys and girls, the card companies used it to cheat people and it's been outlawed! There is no longer any arbitration because the government shut them down! You just mosey into court with your contract and say your honor my card contract says this can be settled by arbitration and I don't wish to take up the courts time so I'd like to inform the opposing attorney I choose arbitration to settle this account.
It will take a few moments for the quack lawyer to realize he's been had big-time! Don't be surprised if he passes out when he realizes all the money he spent on law school was a total waste! Hopefully these few hours you spent here on this information page has helped you to understand credit card debt, a little about contract law and lawsuits that might be filed against you.
As always if you didn't enjoy yourself like Uncle Bill, the concrete blocks are available nationwide for your convenience.
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