How to Get Out of Paying Credit Card Debt - How to Avoid a Credit Card Lawsuit - YouTube

Are you worried about your credit card debt?

Are you fearful of debt collectors and collection attorneys?

Today, I want to convince you of one thing

and that is,

you do not have to pay your credit card debt if you cannot afford to pay it.

You do not have to sacrifice monthly essentials, food, clothing, rent or

mortgage, healthcare, utilities,

education

for credit card debt you cannot afford to pay

I want to introduce you to the only credit card debt relief program that

shows you how to legally avoid paying the credit card debt

you cannot afford to pay

without filing for bankruptcy.

The key is how you interact with debt collectors and collection attorneys.

I want to share with you what pitfalls to avoid with these people.

I'm going to tell you how you can actually enjoy the process

of getting out of debt

once you know what you are doing with these liars.

I am also going to give you some tips you can take away and use immediately.

But first I want to share my own credit card debt nightmare story with you.

Hi, My name is Mel Thompson. I owed $63,000 in credit

card debt before i learned how to avoid paying credit card debt I could not

afford to pay

without seeking bankruptcy protection.

Soon after making the great emotional and financial sacrifice separating from my wife

of nineteen years and leaving my 12 year old son's home

i began paying court ordered child support

which was 1/3

of my gross income.

Still it was able to establish a modest residence

near my son

with the income my 10-year-old consulting business generated.

Unfortunately my business began to suffer from the glut of domestic and off-shore

skilled professionals.

I was

having more and more trouble generating the income i needed to pay my bills and

child support.

My credit was excellent .I had numerous unused credit cards with low interest rates

and high charge limits.

I began using them

to pay bills each month I could not otherwise afford to pay.

My business continued to suffer

I reached the point where I was writing credit-card courtesy checks to cover my

monthly expenses and child support.

Soon my total minimum monthly credit card payments were over $1500

and increasing each month.

Eventually my business improved. I was making enough money to pay my expenses

and child support

but not the monthly credit card statement.

I considered bankruptcy

but that would mean the sale of the home I left my ex-wife and son in

but still jointly owned.

Putting them out and ruining my credit were unacceptable to me.

Finally i had to stop paying the credit card. It was that or not pay any

child support.

I did not know what to expect.. I was fearful and anxious.

i spent all my free time researching credit card debt collection,and

credit card debt relief options online.

I found a lot of "Pay-us-now-and-we-will-help-you-later" scams. Or, "we can help

you,

just trust our expertise". Everyone wanted to be paid a minimum of a few thousand

dollars.

Most of the so-called professionals suggested putting their fee on a credit

card

and then to stop paying that

card.

My credit cards soon charged off after six months of non-payment.

I owed a total of

$63,000.

My debts went to debt collectors.

Then, they went to debt collection law firms.

But fortunately I was finally ready to reply.

I had learned enough after months of research to be able to

craft carefully written

CMRRR communications

to respond to the threatening letters and phone calls

and my letters worked.

I escaped those credit card debts.

My credit rating soon improved. Within three years of

first being late with payments I was able to get a new car loan.

I learned first hand

I did not have to pay credit card debt, I could not afford to pay.

I want to help you do the same thing.

Today I continue to learn

and to help other people do what I did and

to find the peace of mind again

When you know what I know, you will see debt collectors and collection attorneys

as powerless.

But, they always have a new twist they hope will scare people into paying what

they cannot afford to pay.

Imagine what your life would be like

without the worry of credit card debt.

Think of the freedom you would have to make financial decisions, the freedom to

spend money responsibly, and the freedom to make plans for your future finances.

You would be free of all that excessive worrying. Healthcare, education, vacations,

new clothes

and all the other amenities in the normal life could be yours again without

excessive worry.

Instead of experiencing that stomach churning feeling when a debt collector

calls,

you'll be asking "Is that the best you can do?" when a debt collector threatens

you over the telephone.

i promised you some quick tips

Here are five things to avoid with credit card debt: Avoid anyone asking you to pay

money up front

before they can provide you with any kind of credit card debt relief.

The Federal Trade Commission recently prohibited debt settlement firms

from seeking payment before any settlement takes place.

But these firms are already finding loopholes in the new regulations. The offer

of help can be so tempting.

Don't let yourself be scammed.

Avoid debt collector phone calls.

When it comes to credit card debt,

anything important only takes place in writing. You only expose yourself to

scary lies and threats

by listening to a debt collector over the phone.

Avoid admitting in writing, inadvertently or otherwise, that a debt is yours.

Because of a credit card debt's open account nature, debt collectors and

collection attorneys have difficulty legally proving your ownership of

credit card debt.

Do not make their job easy for them. This is not a reflection on your characterr

this is simply a sound legal strategy

for dealing with these liars.

Avoid arbitration.

Do not agree to participate in an arbitration proceeding about credit card debt.

Arbitration essentially robs you of your rights.

When you agreed arbitration,

you agree that the debt is yours.

Avoid the offer of a token debt settlement plan by a debt collector

or junk debt buyer.

That will restart the statute of limitations on your debt

and it will prove that the debt is yours.

Here are three things you can enjoy when you interact with debt collectors

as soon as you learn some simple skills from me.

When you hear from a junk debt buyer (JDB) who has just purchased one of your

delinquent credit card debts, instead of feeling dread,

you will feel relief because you know how

easy JDBs are to defeat.

Did you know they only expect to collect from one-third of the debts they buy?

When you hear from a debt collector collecting for a junk debt buyer who owns one of

your debts, you will enjoy knowing

how powerless they are to harm you.

When you receive a letter

in a collection attorney's letterhead seeking to collect one of your debts owned by a

junk debt buyer,

you will enjoy sending a demand for proof of your indebtedness

that you now know they cannot effectively answer.

There are three tips you can use right away:

Avoid committing financial debt by guilt.

Stop acting and feeling "guilty"

because of your credit card debt.

The worst thing you can do is admit that you owe a debt to some stranger writing or

calling.

By stonewalling and not admitting to the debt,

you are not being dishonest,

you are simply not willing to discuss your financial affairs

with someone you don't know.

This is a sound legal strategy. Debt collectors and collection attorneys

are lazy. They want you to prove you owe the debt, because they cannot do

a good job of that.

He's got to respond to a debt collector over the telephone.

You are just a voice on the other end of the phone.

You could be anyone.

I only communicate about my financial matters in writing

and only with those people

who are known to me.

He's got to distinguish a lawyer's letter

addressing your particular situation

from a debt collectors prospecting tool

that happens to be on a law firm's letterhead and signed by a lawyer.

If it says, "This communication

has not been reviewed

by an attorney..."

all they're doing is casting out a net with mass mailing to numerous debtors

knowing that many will call him

to work out a payment plan and most others

will not respond.

That makes the non responders good candidates

for no-show default judgments -

a collection attorney's

bread and butter.

Are you going through life with a feeling of financial hopelessness?

i know the feeling.

I have been in the same credit card debt situation you are in.

Compare that to just living a normal life without any major financial crises

to worry about. Truly appreciate the difference.

if you use what you can learn from me, you will come to the same appreciation.

There is hope.

Just because you cannot pay does that mean you are helpless. In the rest of

this video i'm going to show you

why there is hope.

It is not your fault.

It was not my fault.

Many perhaps,

most of his encounter temporary financial difficulty at some point

in our lives. Unfortunately our financial establishment is focused on short term

results and while they can hope for a too big to fail bailout

we're stuck holding the bag.

They will give us any time to recover from a temporary difficulties

and to repay what we owe. Instead, they write off the debts we cannot pay after

six months

and sell them for 10 cents on the dollar to junk debt buyers

who try to profit from our misfortune.

Unaffordable credit card debt is a very serious problem.

Bankruptcy,your credit card debt court judgment could ruin any of us.

We don't want to see our assets sold to pay an unsecured credit card debt.

Nor, do we want to be forced into a payment plan for five years.

All these possibilities create feelings of fear, hopelessness, uncertainty

and loss of independence.

Those feelings in turn make it more difficult for us to help ourselves out

of this difficult situation.

I have the answer to this difficult problem. I have seen through the veil and found

the villains to be powerless.

The answer is simple.

I discovered a way out. It is a path anyone can follow

Debt collectors and collection attorneys make threats and tell lies to get our money.

They are villains.

But, they are easy to defeat, even in court

if you know how.

As I said

my solution is simple.

First, do not listen to the credit debt relief scam artists

who make it sound like it is harder than it is to get out of debt. Second,

read what I learned about the true powerless nature

of debt collectors and collection attorneys. And, last, let me show you what to

write to debt collectors and collection attorneys to make them decide they would

rather pursue other less well-informed consumers with debt

My debt validation letters are tested and proven.

I advise many people on how to use this technique. No one has yet to accuse me of

leading them astray.

As i've been telling you

the best way to get rid of debt collectors and collection attorneys is to

first educate ourselves about exactly why debt collectors

and collection attorneys have no real power to harm us.

when we can lose our fears and feelings of guilt

we can simply implement the proper written communications that precisely

make the legal disputes and the basic demands

that collectors and collection attorneys

are surprisingly unable to meet..

When debt collectors see these disputes and demands they give up on us

to chase other less well-informed debtors.

When collection attorneys see appropriate legal disputes and demands

in a letter from us

the last thing they want to do is waste their time in court

with us.

They would much rather spend their time suing other consumers, who fall for their

threats and intimidation.

Remember, collection attorneys

to not get paid until the actually collect some money.

Also, most states limit the amount of fees these lawyers can add to a debt

to 20 percent of the alleged amount owed.

They do not want to fight informed consumers,

they just want to collect from uninformed consumers.

This is my system of learning materials and coaching.

A few of us can do it on our own,

while many of us need the advice or guiding hand of someone who has already

done it.

In addition, different people learn in different ways.

Some of us learn by reading and some of us learn by reading and watching and listening.

While many others need to personally interact with someone to understand and retain

information.

I have structured my program

for all the different types of learners.

Depending on how you process information

and how much help you need,

I have developed very-reasonable-priced, specialized learning materials for you

to take advantage of

to make your transition to a debt free life as easy and painless as possible.

First there is the Credit Card Debt Survival Guide.

This is the book that I wrote. It tells the whole story

and includes chapters

on what to write

to debt collectors and collection attorneys. There is letter text that you

can copy, paste

and customize edit

to your own situation.

There are 230 pages of detail here with numerous links

to source material.

You yourself could see through the veil with all this background

information.

a place in .... on how to avoid court summons and how to respond to debt

collectors and collection attorneys.

You could find a link to the complete table of contents on my website.

If a video would help you digest this information, .

you can watch my twenty minute video on how to write debt collector letters.

This twenty minute video

explains the process of putting together a letter that will make a debt collector and

collection attorney decide

they do not want to spend any more time with you.

You get it with a letter from the Credit Card Debt Survival Guide, so you can quickly customize that letter to

each debt collectors while following, or starting and stopping the video.

I could also offer you monthly personalized support. One-month support with the e-book

and video.

I will discuss

your situation,

the edge of the debt specific creditors

over the phone with you

and give you my analysis and recommendations.

Then I will review

and edit your letters before they go out.

I will be available for any follow-up by telephone

or email you may need.

The total cost of these instruments is a fraction of

the average attorney's fee for one hour of their time.

And unlike a bankruptcy attorney or credit card debt relief scammer,

I cover you with a 60 day money-back guarantee, no questions asked.

If you want your money back you get it back. Remember, this is the only easily

affordable credit card debt relief program that shows you how to legally

avoid paying your credit card debt you cannot afford to pay

without filing for bankruptcy.

When you get started today

and get this debt behind you,

what do you have to lose?