credit card debts

brockvale

Hi, I am unable to pay for my credit cards at the moment, just wondering what's the worst case can happen to me? I know they probably sell my debts to a recovery agency who will keeping ringing me and sending letters. will they bring me to court?

Paulw

Yes, ultimately they will most likely take you to court.

Your very first port of call would be to talk to your bank/credit card company and see if you can restructure the debt. You should also consider talking to MABS and see how they can assist you.

Don't just ignore the debt, no matter how it seems. Be pro-active, and talk to them.

muck_savage

if they bring a third party ( debt collecter) into this, they will break the contract, and also break the law, under the data protection act 1988/2003, its against the law to give your private information to a third party!! need help let me know!!

BrianD

muck_savage wrote: »

if they bring a third party ( debt collecter) into this, they will break the contract, and also break the law, under the data protection act 1988/2003, its against the law to give your private information to a third party!! need help let me know!!

Very unlikely that they are breaking the law or contract regarding data transfer. If you check your T&C's you'll probably find that you've already agreed to it. The debt collection agency would be providing a service to your bank and there would be some contract in place regarding the exchange and use of it i.e for the recovery of the debt.

For example Ulster Bank T& C's say

How we use your information and who we share it with ...

blah, blah, blah

1.2 We do not disclose your information to anyone outside the Group except

blah, blah, blah

1.2.3 to credit reference and fraud prevention agencies and other companies that provide a service to us or you.

Milk & Honey

muck_savage wrote: »

if they bring a third party ( debt collecter) into this, they will break the contract, and also break the law, under the data protection act 1988/2003, its against the law to give your private information to a third party!! need help let me know!!

Freeman!

muck_savage

BrianD wrote: »

Very unlikely that they are breaking the law or contract regarding data transfer. If you check your T&C's you'll probably find that you've already agreed to it. The debt collection agency would be providing a service to your bank and there would be some contract in place regarding the exchange and use of it i.e for the recovery of the debt.

For example Ulster Bank T& C's say

How we use your information and who we share it with ...

blah, blah, blah

1.2 We do not disclose your information to anyone outside the Group except

blah, blah, blah

1.2.3 to credit reference and fraud prevention agencies and other companies that provide a service to us or you.

go learn some law!! all debt collectors are third party interlopers, and have no legal standing in your affairs, only 2 partys can hold a contract,

ask for a copy of any contract you hold with any firm ie, bank, littlewoods etc, and youll never get it, because it dont exist. why?? they might have your name on a contract, but you wont find theirs, why?? because a corporation cannot under contract law hold a contract with a flesh and blood person!! you need two signatures to make a contract binding in a court of law!!

ive been thru this so i know!!

@ briand, blah blah on with your life lad, if you want to pay debts that banks have already cashed in on, fines and all other scams you go ahead, your prob mega rich and want to spend your entire life payin money to people who are laughin at ya.

castlepoint

talk to your bank.they should help you out.cut the card up.

blueythebear

muck_savage wrote: »

go learn some law!! all debt collectors are third party interlopers, and have no legal standing in your affairs, only 2 partys can hold a contract,

ask for a copy of any contract you hold with any firm ie, bank, littlewoods etc, and youll never get it, because it dont exist. why?? they might have your name on a contract, but you wont find theirs, why?? because a corporation cannot under contract law hold a contract with a flesh and blood person!! you need two signatures to make a contract binding in a court of law!!

ive been thru this so i know!!

@ briand, blah blah on with your life lad, if you want to pay debts that banks have already cashed in on, fines and all other scams you go ahead, your prob mega rich and want to spend your entire life payin money to people who are laughin at ya.

I think you should take your own advice and go learn some law.

There is much more to a contract than two signatures and persons can freely enter a contract with a corporation. How do you buy anything if that's not the case. Buy your shopping in Tesco and you enter into a contract to purchase those goods with a corporation (tesco), all in the absence of signatures.

On a less legalistic note, you take a loan, you should pay it back.

To the OP, talk to the Bank about this. They will listen and it's in their interest to have you pay it back (even at a little amount per month) as it costs more to enforce the debts through the courts etc.

BrianD

muck_savage wrote: »

go learn some law!! all debt collectors are third party interlopers, and have no legal standing in your affairs, only 2 partys can hold a contract,

I suggest that you take a good look at yours T&C's quickly then. Debt collection companies generally act as agents for the firm not interlopers. They do have a legal standing. Debts can be bought and sold. How do you think the world goes round? Our entire financial world is based on buying and selling debt. Hence the hole that we are in.

ask for a copy of any contract you hold with any firm ie, bank, littlewoods etc, and youll never get it, because it dont exist. why?? they might have your name on a contract, but you wont find theirs, why?? because a corporation cannot under contract law hold a contract with a flesh and blood person!! you need two signatures to make a contract binding in a court of law!!

ive been thru this so i know!!

@ briand, blah blah on with your life lad, if you want to pay debts that banks have already cashed in on, fines and all other scams you go ahead, your prob mega rich and want to spend your entire life payin money to people who are laughin at ya.

.... were into fantasy land here. Can you quote the case you won? I'm all ears.

FreudianSlippers

muck_savage wrote: »

go learn some law!! all debt collectors are third party interlopers, and have no legal standing in your affairs, only 2 partys can hold a contract,

ask for a copy of any contract you hold with any firm ie, bank, littlewoods etc, and youll never get it, because it dont exist. why?? they might have your name on a contract, but you wont find theirs, why?? because a corporation cannot under contract law hold a contract with a flesh and blood person!! you need two signatures to make a contract binding in a court of law!!

ive been thru this so i know!!

@ briand, blah blah on with your life lad, if you want to pay debts that banks have already cashed in on, fines and all other scams you go ahead, your prob mega rich and want to spend your entire life payin money to people who are laughin at ya.

You're going to have to do better than that here; this isn't After Hours. Explain yourself.

BornToKill

muck_savage wrote: »

if they bring a third party ( debt collecter) into this, they will break the contract, and also break the law, under the data protection act 1988/2003, its against the law to give your private information to a third party!! need help let me know!!

Ah, ... assignment? Agency?

Peregrinus

Ignore muck savage; he's raving. Practically everything he says here is completely wrong.

Assignment: the bank sells, or gives away, its claim against you to a third party. The terms of your agreement with the bank will allow them to do this.

Agency: while retaining ownership of its claim against you, the bank appoints a third party to handle, on the bank's behalf, the pesky business of actually collecting the money. The terms of your agreement with the bank will allow them to do this too. The bank pays them a fee to to this, which may be a percentage of whatever they succeed in collecting.

MagicSean

muck_savage wrote: »

@ briand, blah blah on with your life lad, if you want to pay debts that banks have already cashed in on, fines and all other scams you go ahead, your prob mega rich and want to spend your entire life payin money to people who are laughin at ya.

Why do you look down on someone who wants to pay what they owe? Your kind really annoy me. You borrow money for a house and for a car and then somehow think you shouldn't have to pay it back because it isn't "real". Yet you think you should still be able to keep your property.

muck_savage

Your signature creates the money, from which the back gets paid straight away. they then come lookin for money again by charging you payments!! thats gettin paid twice!! all debt collectors are THIRD PARTY INTERLOPERS!! the have no legal standings in your affairs, and the only way they will get their way is if YOU LET them!! you have no contract with the debt collectors and they cannot force you into doing anything unless YOU LET them!! contract law only allows 2 partys to hold a contract, not 3!! and to give information to a third party is to break the data protection act!! which will make the original contract breached!!

Why don’t credit card balances have to be paid and how have we already paid?
Well there is one simple reason, yet for you to truly believe it and get your head around to the idea, you will have to do a little research yourself and then start looking at the financial system of this world very, very differently. But if you are already in controversy with banks, building societies or any credit card corporations, which is causing you great stress, then there is a quick and lasting fix that will deal with these deceivers.
It works, and will give you plenty of time to then research how and why it works as it does. There will be pointers towards the areas of where to research, and then the rest of your journey is yours! The credit card corporation will obviously black-list you for your decision to not let them commit fraud and deception on you anymore, but that is the price!
Now their simple yet brilliantly executed trick (con) is in the name, ‘Credit’ card! You (well your signature or tick in a box on a pc screen and maybe a signature a few days later possibly, but not always) are a co-creator of credit with the credit card corporation.

There was NEVER a debt incurred by anyone or anything. Don’t believe it? Then write to the CEO of the credit card corporation and ask for the validation of where a debt was incurred. You will not get one because a debt/loss doesn’t, and never did exist! That alone will get the fraudsters off your back as you now have proof that they have, and continue to commit fraud!

If you want to know why the corrupt banks operate like this, simply investigate a thing called Fractional Reserve Banking, and you will soon discover why the world is in the trouble it is right now!
Now remember that when you get a phone call from the crooked corporation/s, do not give them your name or D/O/B. Inform them (politely) that you would be more than happy to assist them, and they should contact you by letter using recorded post and put any claim they believe they have against you on paper and signed by the corporations Chief Executive Officer (CEO). By the way, this won’t happen, as the CEO knows they are already committing a crime against public policy and would be committing commercial suicide if they even thought about it for more than half a second!

If they keep troubling you by phone with various threats…oh they do make us laugh bless them; simply write to the CEO using Recorded Post with something very similar to the example below in black bold:

Oh, and if you are worried about threats of Bailiffs, visit a great site that shows you how to deal with them very effectively, peacefully and lawfully. Bailiffs commit fraud, it’s just you probably are not aware of that yet! Click here to be taken to Screw The Bailiff – Clamping Down on Bailiff Crime!
You will soon start waking up to who you really are. This is to assist you whilst you’re waking up and becoming confident with the realisation that no man or woman has power over you, as you have no power of them! All are, and is, equal under whatever label you use to mean Source/Being/Divine…
****************************************

CEO (WHATEVER) BANK
Full Address of their Head Office
Date:
Sent Recorded Post
NOTICE REGARDING ACCOUNT # (whatever the number is)
Dear Sir or Madam:
I would be happy to settle any financial obligation I might lawfully owe as soon as I have received the following documents from you.
1. Validation of the actual debt (the actual accounting).
2. Verification of your claim against me (a sworn affidavit or a hand signed invoice)
3. A copy of the contract signed by both parties and therefore binding both parties.
I hereby give you fourteen (14) days to reply to this notice with a notice sent using recorded post, and signed by the CEO under their full commercial liability and penalties of perjury, assuring and promising me that all of the replies and details given to the above requests are true and without deception, fraud or mischief.
Yours truly,
By: ____________________(agent)_Date: ____________
****************************************
In the world of commerce get used to autographing and using (agent) in brackets after your autograph. This is because you are an agent for NAME in ALL CAPITALS, and the NAME is NOT you!

Now the banks cannot validate/prove the debt because they never sustained a loss and a debt never existed. They cannot verify any claim against you because you are not the NAME they are billing. They cannot produce a copy of the contract because one doesn’t exist; all that exists is an unenforceable unilateral contract, or what the banks refer to as ‘your contract with us’ and this is not a valid bilateral agreement, since the four requirements of a lawful, binding contract were not met on the credit card application. These are as follows:
1. Full disclosure (we are not told that we are creating the credit with our signature).
2. Equal consideration (they bring nothing to the table, hence they have nothing to lose).
3. Lawful terms and conditions (they are based upon fraud).
4. Signatures of the Parties/Meeting of the Minds (corporations cannot sign because they have no right, or mind, to contract as they are legal fictions).

Oh, and always be polite and loving. Remember that the vast majority are not aware of this and so resist becoming righteous. Help others by allowing them, not restricting or trying to control them. You will soon see how much easier that is when you realise the corrupt law makers haven’t ever had any true power over you.

This also helps you stay in honour, which you will start to discover is a massive thing in Admiralty/Commercial redemption.
Credit cards are based upon fraud and are win/win for the banks and lose/lose for everyone else. It is one of the slickest cons on the planet!
And an interesting spiritual slant:
So don’t worry and stay calm; after a little bit of watching and reading you will have some of the bigger dots joined up and be able to see straight through the massive deception, and your power will come flooding back…the very equal power that the Creator had always intended us to have, and the power His Son assured for us if all we would do is open our eyes, believe and accept. The Bible talks of sin and commerce talks of debt. Debt and sin are both one of the same, and all natural born human beings had their debts/sins prepaid when the Son of the Creator died on the cross to take care of all past, present and future sins/debts.
And once you see through the deception you will also come to believe the concept, and once you believe and accept the concept and the symbolism of the crucifixion/for-give/prepay/bonds/insurance/debt/sin, you will soon see how symbolic the books in the Bible truly are! This is not about any specific religion, yet remember the Bible is the root of Law in the UK, USA, CANADA, NZ, AUSTRALIA and on and on, and the concepts of both Common Law and Admiralty/Merchant/Commercial Law, herald from the Bible.
For many, many years the UK, IRELAND, USA, CANADA and most other countries have been bankrupt, and operating in commerce using Law of Merchant Law/Admiralty Law. This is done by the use of insurance policies/bonds. Your NAME already has unlimited liability insurance in the shape of your Birth Certificate (Bond/insurance policy), and your National Insurance policy. You are the sole beneficiary of your NAME/Corporation’s Bond, yet you just didn’t know it. It can be reclaimed but first arm yourself with the knowledge, as a little information can be a dangerous thing!
Admiralty law is adversarial, which means the opposition doesn’t have to tell you what they are doing, yet it is unlawful to use fraud and mischief in contracts. Once you start to discover what has happened here, you will never see the world in the same way again!

MagicSean

By your logic are you not committing fraud by using your card to purchase goods?

Ms Minnie Mouse

Muck_Savage - do you work in either law or finance? If so, I don't know how you're still employed.

You are talking bullsh*t. I'm not saying you're the only one - daily I have to correct people who come out with this cr*p. Strangely enough - I still have a job and they've all paid up. Why? Because I know what I'm talking about. You, my dear, do not.

I also know contract law better than you - and I'm only starting my first year of the degree! One of the original cases in contract law was a) between a company and a private individual and b) there wasn't a signature to be seen! (Carlill v Carbolic Smoke Ball Co. [1893] 1 QB 256; [1891-1894] All E.R. Rep. 127, Court of Appeal in case you want to check it out)

Additionally, when you sign up for any credit facility - or indeed, any banking facility - you have to provide what we generally know as Anti Money Laundering documentation. Proof of identity IS established through means both manual and electronic. I'm not addressing each point in turn because, frankly, I can't be arsed.

Funny how you're accusing these companies of committing fraud and in the same post encouraging others how to commit fraud. Although, of course, you are very wrong.

I believe there is a conspiracy theory thread somewhere. You might have better luck there.