And the punch line – all the “options” are nothing more than more costly payment arrangements.  Yeah, rearranging the deck chairs on the Titanic, and for huge fees on top of your debt!  Duh!

We provide the only system that is NOT a payment arrangement and the only service that is legal in all 50 states!  That's right; at least seven other states have outlawed settlement, consolidation and counseling!  Wow, what should that tell you!?

Our service is legal in all 50 states because we don't manage your money; we don't cause you more taxes because of forgiven/settled debt or exhaust your cash savings.  We solve your debt problem, for life!  We provide you with clean, new, stellar credit, just like rich people with a high net worth use everyday.  Don't believe it?  Why have we been doing it for the last 15 years?!  We've been in business probably before your credit accounts were even opened.

And almost not even worth mentioning, no more harassing phone calls from collectors, period.  In 30 seconds per call, that will be the last call from that collector when you follow our simple, time proven, system.

Why are the other services illegal in at least seven states?

Because…

Settlement will cost you 15% of your total debt and plunge you into a three year payment commitment and if you don't complete it, you'll be in worse debt than you ever could have imagined.  They will hold your money for a year, but you will continue paying the settlement company and answering collection calls and lawsuits.  And when the creditors and their collection buddies are screaming, calling you every day at work and home, you'd better hope they accept the settlement company's offer to pay less than what they say you owe.  In case they haven't told you this, the trend now for many creditors is to refuse ALL settlement offers!  And if they sue you before then, forget about it!

Many creditors, once they know a client is working with a debt-settlement company, will escalate the account.  That means sending it to a collection agency sooner or even suing you.  And when a creditor takes legal action, the debt-settlement companies drop the account: They don't have the right to give legal advice or represent you in court, and believe it or not, nor do their attorneys.

And what will you do when the IRS wants their share of the forgiven debt?  Will you cry to your accountant or just shut up and write a check like a good slave?

And one last point; your credit file, that will be toast!  Ever try to get a car loan with a personal credit score of 515?  Sure you can do that, at 53% interest and a huge down payment.  We'll show you how to buy a car on credit and not be personally responsible for the debt.

We'll show you how to buy a house at the price you want no matter how low your personal credit score!

Wait, maybe I should repeat that one again in case you were sleeping:

We will show you how to buy the exact house you want – and at the price you want -- no matter how low your personal credit score!

Oh, and bankruptcy, this is the same as being sued by all of your creditors within 30 days and then having an attorney tell you what will be done with your property and income.  You will have no power to negotiate and you will be treated like a child.  Oh and did I mention again that your credit will be toast also?!  I'll bet not one attorney will tell you that only those who have nothing to lose will qualify for a Chapter 7, meaning that they should not have filed bankruptcy in the first place.  Expect to get into a Chapter 13 payment plan; even if your attorney files under Chapter 7, eventually it will be removed into a Chapter 13!  If you don't believe me, check the court records to see how many petitions were removed by an order of the court.

Consolidation – Stop right there!  In the history of the human race, no one has ever been successful at going further into debt to get out of debt.  Although, if you work for the U.S. Congress you might not understand this quite yet.  It is a mathematical certainty that the same habits that got you into debt will NOT get you out of debt, period!  This is just another way to steal from you, and I don't care what they say about your “new” interest rate.  Any accountant can verify that you will be in more debt regardless, and did you know that 98% of those who enroll in consolidation are in more debt within 2 years?  I'll bet you your total debt that this is verifiable, check it out.

Counseling – Okay, this is a good one, someone who has no interest in your success or failure with your debt problems will help you get out of debt by telling you how to pay your creditors differently?!  (deck chairs, remember).  Did you know that credit counselors, even though they say they are non-profit and don't charge you anything except maybe an enrollment fee, get paid 8% to 15% of your total debt from the creditors they tell you how to pay?!  This is YOUR money, and they claim it's not profit.  So all the money, your money, that could be considered profit is simply paid as salary and bonuses to the owners and officers of the company so they can say it's non-profit and pay no taxes.  Ask them; ask the IRS and the SEC.  Ever wonder why the IRS investigates the so-called “non-profits” debt companies?  This is the reason.

Do you like these OPTIONS?

If you're sick and tired of the same garbage, if you want to keep your hard-earned money, and change your life today, change your habits, learn new habits and get superior credit like those with a high net worth do everyday, call me and join this program today.  Make that decision to change your life and eliminate your debt forever, increase your net worth and use credit that you'll never be personally responsible for like hundreds of thousands of others have done with my system since 1993.

Hey, this sounds too good to be true, quick, call an attorney and ask for help!  Yeah right.  They'll just scare you into a payment arrangement, then you're back where you started or worse because they'll charge you for it, then you can still be sued and they'll charge you for that also.

You might think this system requires a dream team of attorneys, it doesn't!  No way, in fact if attorneys gave you the information in this system in the initial consultation, you would never believe you needed to pay them.  In fact, we have trained over 80 attorneys and law firms in at least 15 states on how to use my strategies so that they can actually provide a solution to their clients, instead of a bunch of forms.

“The collection calls wouldn't stop until I got your system, now I kind of miss them.”  Gina M.

“I didn't think you could help me because I was already served with papers, but thanks.  I filed what you gave me and the judge dismissed both cases and the attorney never even showed up.  Wow!  I just wish this worked as well for speeding tickets.”  George A.

“After months of struggling I finally saw the light at the end of the tunnel with your system.  I always suspected something wasn't right, and your system gave me the freedom to get out of debt, just like you promised!”  Jason D.

“My wife was really skeptical but she liked your written guarantees and I'm glad we went with the program.  Thanks to your system we've got a fresh start and are debt free and it only took a few months.”  Bill & Barbara E.

“Please pass my testimonial on to others.  Your system set me free.  Everyone I talked to said I had no chance and had to pay and it just didn't' make sense.  When I saw your offer I knew it was the perfect solution.  Please pass this along to everyone!”  Helen T.

Change Your Life Today!
Call me today and you can get started for as little as $39!

But Don't Spend One Dime Until You Get My Free Report:

What Would Your Attorney Say?

Once you've downloaded my free report, (and skip Blowing the Whistle on Credit Card Debt for now), I want to send you, also absolutely free, these three incredible bonuses:

BONUS #1
Three Secrets to Stopping Collection Calls in 30 Seconds

BONUS #2
Million Dollar Letter – Stops Debt Collectors Cold!

BONUS #3
Quick Fix Credit

And even though I hate personal credit, and how it makes slaves out of everyone who hasn't figured it out yet, I'll give you ALL of the information, complete with time-tested forms and instructions, you will ever need to dispute items on your credit report and remove incorrect and derogatory items within days.

Yes, give me all the free information you have listed here!

The Whole Story

Earlier this year a friend of mine who had just earned his wings in the United States Air Force was eligible for another promotion. Upon review, he was informed that his promotion would be withheld until he could resolve his overwhelming debt. His payments were current, but he just had a lot of debt. I asked what type of debt he had and he explained that aside from a few small accounts, most of it was student loans he utilized to further his career.

I suggested he have a meeting with his supervisor and explain that his debts were obtained legally, that they were used to further his professional career, that most of them were guaranteed by the United States, the same employer they both worked for, and that he and his supervisor were both employed by the largest debtor in human history, the United States. I talked with him a couple of weeks later. He was promptly given the promotion he earned.

There are many experts that can provide good advice about asset protection, investing, tax and estate planning. I am not an expert on these subjects and they are not included in what we're going to talk about here.

What you are about to discover is the only legal process of its kind that protects employment income from creditors and any other civil liability.  It can also protect your home equity and bank accounts against the same creditors without transferring any assets.  The process described also provides you with a means to increase your net worth without increasing your personal liability.  Upon completion of the 90 day process, you will have a corporate structure with a positive net worth.  It will be used to protect your employment income from creditors and as leverage to purchase assets on credit without incurring any personal liability.

But what about my credit score?

Recently I was doing my typical research and applying for a mortgage just to test out the process.  I don't use personal credit so my score is very low; in fact some lenders want to assign me a score. My wife's is similar but for some unknown reason her score is significantly higher, even though we have the same buying habits, we don't use credit.  To make my point about the use of credit cards or personal credit and how people are encouraged to rely on it, the mortgage broker looked at my credit file and then my wife's and suggested that my wife apply for the mortgage instead since her score was higher.  I asked how that made sense since she had no employment income or any other source of income and since I earned all the money for our household.  He actually could not answer me, except to say her score was higher.

So this is where we are, because you have good credit, you're eligible for more debt. And because you want to maintain good credit, you at least make your monthly minimum payments timely. This of course leads to what, more credit.  The cycle continues until one day the truth of compound interest punches you in the face. This is not a problem if the debt you incur is paying you. For example, if the thing you purchased with the debt is paying you enough money to pay the debt each month and leave you something extra. For most people, it's the opposite. They are paying the debt with their labor, time, and with a limited source of income. The more debt they acquire in this example, the more income they need from an outside source. This has a ceiling as we all know.

It is so important to understand the difference between the personal liability you have with your personal credit file and the absence of liability you have with a properly organized business.  Many of you have a great credit score, many of you actually pay money to receive regular reports of your score and in fact, many of you are actually proud of your credit score. Your credit score is attached to everything you own, your identity, even your self esteem.  If you have a problem in one aspect of your life, it carries over to other aspects just because of the credit file.  For example, your insurance rates might be higher because of a few late credit card payments last year. If you are late on a payment for example, something known as “universal default” allows all of your creditors to see the late payment and raise your interest rates. Because of your use and reliance on personal credit, you open the door for the entire world to learn about your financial situation. Your credit file is easily accessible to merchants, the government and even private investigators. If you have collection problems, those can result in the publishing of your financial situation in the public records. Your personal credit history is a leash; it is your ball and chain, it is your parents telling you how you should behave. You cannot walk away from your personal credit file; it will follow you for life.

If you are serious about acquiring wealth and improving the quality of life for your family and yourself, you must understand the benefits of not accepting personal liability for your efforts to invest and improve your financial situation.  I am talking about the difference between personal credit and business credit. I am talking about the difference between high school and a college graduate program.  I am talking about wise and intelligent planning and deliberate effort to increase your net worth and refusing to accept the personal liability for it.  Why would you stand on train tracks with your eyes closed just because everyone else appears to be doing the same?  You would not of course and you might be surprised to discover that those who you think are standing on the train tracks may actually not.  Why not join this exclusive membership of people who figured out these secrets for themselves?

It's time to break the expensive and self-defeating habit of relying on your personal credit and graduate to a bigger world of financial statements, business credit and business thinking.  It's time to dump those ideas you just accepted at face value because someone put a credit card in your mailbox before you even understood what the abbreviation “FICO” stood for.  It is time to move on to using tools that can truly serve your best interests in a way that sets you free from those who would benefit by retaining control over you.

I Don't Have Any Debts Do I?

Don't gamble, think again.  I am not advocating the non-payment of your personal debts, which would ruin your credit history.  I'm saying that today you know exactly which debts you have, but you cannot really factor in that unexpected lawsuit.  What I'm saying that with this new understanding, it would be a good idea to begin migrating from the use of personal credit where you're accepting personal liability for everything you do, to the use of business credit where your corporation accepts liability for all of your worthwhile investments and expenses and borrowing.  I'm trying to tell you that you're standing on the train tracks, jump off now.

Let me describe a possible situation.  Someone spent years in college to become a professional in some vocation.  He pays all of his bills, saves and invests his money for the future.  Like most of us he has customers, business associates, neighbors, friends, relatives, he drives a car and, he meets new people on occasion.  What if a neighbor decides to sue him because his dog barks too loud?  What if he is sued by envious associates or even worse, dissatisfied customers? Most of us might think that would be okay because we have professional liability insurance and home owners insurance and insurance against unexpected lawsuits? What?  You never heard of insurance against unexpected lawsuits?

Normally, you would defend yourself and depend on your attorney to do a good job of it and at the least expense.  That way, your insurance carrier would be happy and maybe agree to continue carrying your policy, even if the premiums increase a little. So why would anyone sue anyone else? It's the principle right? Please, it's the money, absolutely. Yeah, okay, there is a principal somewhere, but it's really all about the money they believe that you have and that they can take. You are insured right?  You are a professional with a business and/or employment income right?  Of course you have money to take, that's what everyone understands whether you do or not.

But what if you already had a judgment lien against you that this next creditor would have to wait behind, and wait and wait and wait until you decide he didn't have to wait anymore? Would it matter if you won or lost this unexpected lawsuit?  Maybe it would, but maybe not. If it didn't matter, how much in attorney fees do you think you'd have to pay?  Would you need to pay an attorney to defend yourself, to defend your money, if there was no money to take? What kind of insurance rates could you get if you were judgment proof? Have you ever asked what the premiums would cost to insure something that cannot be taken or that has no value?

What would your credit history look like?  Let's say that everyone's credit history was available for everyone else to see, hypothetically.  You pay your bills, never late, have lots of credit, but in order to make yourself judgment proof and save lots of money in potential legal fees and insurance premiums, you have this whopping judgment lien for about a quarter of a million dollars on your credit file as well. How would you explain this if asked?  It depends who is asking right?  If it's your close friend who is concerned about your well-being, you might explain that you created this lien as a type of insurance plan against unexpected creditors, to lower your potential expenses of legal fees and possibly even lower your liability insurance premiums.  You would explain that the trade-off is a lower personal credit score, but that you don't really care because now you are using a corporation and its credit history to invest your money and make wise purchases. Would your friend ask who he could talk with to have this done for him?

What if it's not a friend who is asking, what if it's another creditor?  This creditor could easily see that you are judgment proof, probably with little or no discussion. Why would he go to the expense of trying to sue you?

But what about the house you put in your name before you completed this process?  If you sold the house at this point, with that judgment lien, the title company would tell you that at the closing, they would need to pay off that judgment lien and then you could take the balance if there was any money left. So you get the money, but it goes to your corporation. The only problem with this is that you will lose your protection and need to replace that judgment lien.  This is only an example of how a liability you do not yet see can develop into something that is very expensive and lasts a long time.  You should be able to imagine other variations on this theme.

What about the debts of which you are already aware?  What if you reach a point where you either cannot pay or decide that there is no economical benefit for you to continue making payments on your personal debt? How is the creditor paid, or how does the creditor recover, assuming we're talking about a bank?  Let's continue to examine this in terms of how creditors make their money.

How do banks really make their money?

You would be very surprised to discover that the bank made its money literally at the moment your account was opened.  In fact, the bank did something known as originate the money in your credit account.  Yes, the money came from nowhere, not another account or another bank; it was originated or created because of the bank's license to create money.  The other word for it is counterfeit.  A Federal Reserve Note is not a U.S. Dollar.  It doesn't stop there.

Let's assume what I just explained is not true or that it can never be proven.  The credit account opened for your use was assigned or transferred into a group of similar accounts, other customers with a similar credit score, and it was “securitized”.  Securitize is the process prescribed by the Securities and Exchange Commission that allows companies to create a security and offer it to the public for purchase as an investment. In this example of credit card accounts, this investment is known as “asset backed securities”.  Your credit account, or your labor, is taken as the asset of the bank. It is their asset and your liability. You can call your broker today and purchase some, just like stocks and bonds.

So while the credit account or receivable has a significant value to the bank, even if you never pay a dime into it, even if you use all the credit money and never make a payment, its value doesn't change, or I should say it changes but is not diminished.  You see, either the creditor's continued profit is sustained because you are paying, and because investors are buying a share of it, or because the bank can convert the account into a judgment lien and retain the value of the account just the same. To a bank, a judgment lien is cash. But this is not the end of how the bank makes more money from the account.

Because it did not receive your payments, and obtained a judgment lien, the uncollected balance is claimed as a deduction against its taxable income. For investors, this is known as cash flow. In other words, the banks are able to create several sources of cash flow from a credit account that is not receiving payments. Let me ask you one more question and just let you think about it for as long as you want. Since the credit account is an asset, whether because you pay every month, or investors buy a share in it, or it becomes a judgment lien or is claimed as a deduction against taxable income, is it also insured?

My point is that the banks make their money from day one, don't be concerned about them. If you borrowed from your mom, pay her back by all means and she really did lend you her own money.  If you borrowed from the bank, pay it back if you want, or if you are able, or only if it suits your needs or personal beliefs.

Remember that the longer you can use someone else's money, the greater it will benefit you. If you had borrowed $20 in 2004, that might have been enough to fill your gas tank. Two years later, it could fill only half your tank. How many of you can relate to this? The price of gas did not really increase, in fact the value of the gas did not increase, but the value of the currency declined substantially, so it takes more units of currency to buy the same quantity as time continues.

What does this say about the money you put into your savings account? Every year it's worth less and less, even though the same quantity is there.  So where does this “money” go? The question is, “Where does the value of this money go?”  If you worked 40 hours for $400 and put that in your savings account ten years ago, each year that amount would have depreciated in value by the rate of inflation, and I'm not talking about the published rate. The real rate of inflation is about three times what they publish.  Its spending power in ten years would be about $250.  Who or what took the value of your $150, of your 15 hours of labor? Somebody was and is stealing from you and you never saw it and you can't do anything about it.  The cause is inflation and the perpetrator is the banking system, yes; the very same credit providers that sent you that first credit card in the mail.

What happens if you don't pay?

This is a good question, but I like to ask a different one instead: What would you do with the next eighteen credit card payments?  This is what many clients have come to refer to as their Fresh Start Plan.

It takes about eighteen months before any substantial collection action takes place. In other words, according to thousands of statistics and over twelve years of research, this would be the earliest time before you would be faced with a collection lawsuit.

Most people are concerned about what happens in the meantime, such as collection calls and letters. A collection call is nothing different than a telemarketing call. The caller is trying to make a sale by obtaining a payment commitment over the phone. It is usually enough to ask the caller to correspond in writing. If the calls don't stop, a simple notification that unwanted telephone calls are a crime is enough to get positive results quickly.

A collection letter is much more beneficial because it provides useful information about who is demanding payment. Certain collectors are prepared to sue and enforce the collection while others are usually bluffing or trying to intimidate you into making payment arrangements.

For example, a third party collection notice usually does not result in a collection lawsuit. A collection notice on attorney letter-head, but signed by an employee of a debt collection firm is usually the same, except that some attorney allowed them to use his letter-head. A collection notice from the creditor is the same also. It is fairly easy to understand that only a collection notice from a local attorney can be expected to result in a lawsuit within the next ninety days. And if the attorney is representing a third party collector, the collection case is easier to defeat than if he is representing the creditor.
So let me ask you again, while you are not paying your creditors, are you saving those monthly payments and/or investing them through your corporation? Are you improving your financial situation while delaying your creditors? That would be the wisest use of your money in most cases. What could you do with the next eighteen payments?

What about when you don't pay and the police come to your house to arrest you and put you in debtor's prison? And what about when you don't pay and they back a tow truck up to your house and tow it away? And what about when you don't pay and they pin a note to your shirt so your parents read it the next time you come home? Right, these things don't happen. You will only receive phone calls which can be reduced or eliminated with little effort and you will only receive more mail, paper in the mail.

In the worst case, you will receive paper that is filed in court, and even though this paper can result in the legal taking of your employment income, it won't do anything else, except delay your ability to continue acquiring more personal debt with your credit history.  In the worst case of all, your paycheck can be garnished, but your bank accounts can be protected and so can your home. Your paycheck has the greatest risk.  Did you know that the Consumer Credit Protection Act penalizes employers for taking any action against employees having collection problems?  Your employment cannot be terminated because you have collection problems without substantial civil and even criminal penalties imposed against the employer.

The following is a description of the limits imposed against the process of wage garnishments from judgment creditors such as banks, debt collectors and private parties.  The summary of it is that a person will pay far less money if he never offers a settlement, joins a consolidation program or files bankruptcy.  The same is true with each of our programs, both the Fresh Start and Debt Free for Life.

Attorneys have an ethical and legal obligation to explain the facts about what is truly at risk in a collection process to their clients. I believe recommending to a client that filing bankruptcy will best serve his interests is irresponsible and possibly negligent in most cases.  Because I am not an attorney, it will be easy for many attorneys to try and discredit my opinion; however, the fact remains, the numbers speak for themselves.  The same is true for recommending a settlement, when a client is certain to pay far less money simply by defending the collection, forcing the plaintiff to meet the burden of proof and subjecting himself to the possibility of a wage garnishment.

These garnishment restrictions are imposed under the Consumer Credit Protection Act.
The law sets the maximum amount that may be garnished in any workweek or pay period, regardless of the number of garnishment orders received by the employer. For ordinary garnishments (i.e., those not for support, bankruptcy, or any state or federal tax), the weekly amount may not exceed the lesser of two figures: 25 percent of the employee's disposable earnings, or the amount by which an employee's disposable earnings are greater than 30 times the federal minimum wage (currently $5.15 an hour).  For illustration, if the pay period is weekly and disposable earnings are $154.50 ($5.15 X 30) or less, there can be no garnishment. If disposable earnings are more than $154.50 but less than $206.00 ($5.15 X 40), the amount above $154.50 can be garnished. A maximum of 25 percent can be garnished, if disposable income earnings are $206.00 or more. When pay periods cover more than one week, multiples of the weekly restrictions must be used to calculate the maximum amounts that may be garnished.

Many people will offer a settlement in order to prevent a wage garnishment.  First of all no creditor will talk to you; they might talk to a settlement company.  You will pay 15% of your total debt for their services.  But then not all creditors will even negotiate with them either or stop calling you even if you have a settlement service.

Settlement requires that you pay from your savings or borrow from friends or family. The result is what you would imagine, less cash to use toward building your net worth, owing people that are close to you, and what most are never informed of is that a settlement creates a federal income tax liability against the amount not collected.  So if you settle a $10,000 debt for 50%, or $5,000, your taxable income will increase by $5,000.  This income is known as “imputed income” and you will receive a Form 1099 at the end of the year. If you forget to include this in your filing, you could be audited.

Regarding consolidation, did you know that 98% of all people enrolled in a consolidation program never complete it and even owe more money when they drop out?  These should be illegal.  Bankruptcy?  Let me just say that there is no such thing. The only protection you might qualify for is if you have nothing to protect. Did you know the banking system lobbied for years and their attorneys even wrote the actual language in the legislation that made bankruptcy so unavailable?
The Fresh Start program is the only method available that allows you to look at your debt situation in terms of your ability and willingness to pay, as opposed to paying a percentage of what the entire world says you owe.  Do the math and you'll see how keeping your money makes much better sense.

What is “Debt Free For Life”?

It is the leverage you need to protect your income for a lifetime and catapult your net worth without more personal debt.  I will bet that you have a telephone and probably even a computer. I’m sure you have a tooth brush and more than likely; you use or own a car. You live in either a house or an apartment. These are all tools we use to improve the quality of our lives and maintain our physical health. Do you also own a corporation and use it to improve and maintain your financial health? This is the single most important tool of the rich and did you know that it takes almost no money, time or expertise to establish and use?

How many of you know exactly what you would do with twenty million dollars if I handed it to you right now? How would you respond to a lawsuit against you for twenty million dollars?  Did you know that investing through your own corporation and business credit file eliminates any personal liability as you build your wealth?  Did you know you can have a corporation for only a few hundred dollars and within 90 days, show a positive net worth?  Do you realize that the better personal credit you have; the more personal debt liability you can accumulate?  Did you know that banks make a profit five different ways on your credit account, even when no payment is made?  Did you know there is one way to use this same corporation to block creditors from attaching your employment income?  Did you know that using personal credit gives the world information about your financial situation and there is no escaping the connection between your name and your use of credit?

Imagine a list of creditors, each of whom intends to sue you and attach your employment income. Although your income earned as a resident within Texas, Pennsylvania, South Carolina and North Carolina would not be subject to any levy, your bank accounts and home equity would.

Within your list of creditors, there will be a specific date, assuming that each wins a lawsuit against you, when a judgment is awarded in their favor.  Assuming all take the same diligent action to collect, the creditor which has the earliest date will be able to obtain a wage garnishment first. This action would preclude every other creditor from imposing the same wage garnishment until the first is satisfied or released.  Why?  You can thank the Consumer Credit Protection Act which is adopted into state law in all fifty states and also adopted into the rules of civil procedure in every county in the country. Although we can expect this law to be in place for a very long time, the program is designed to continue providing the same benefits without interruption in the unlikely even that the law is changed or repealed.

Now imagine if that first creditor gave you ownership of that first judgment lien and wage garnishment, so that now all the money being garnished from your paycheck is paid directly to you.  Closer to reality, what if that first judgment lien creditor is a corporation over which you have exclusive control but have no legal ownership interest.  This corporation would then block every other creditor for as long as the collection process was in place and renewed timely. Furthermore, this corporation would have a positive net worth.   Although this situation is profoundly powerful and advantageous to anyone with credit card or other unsecured debt, it’s only the beginning.

Because of the book value of this corporation, it can be utilized in creating a new business credit file with Dunn & Bradstreet. The book value is not necessary of course, but is very helpful to moving the process along quickly.

Now imagine using this new credit to purchase an investment such as a duplex or a stock that pays you $100 per month. It may not seem like much at first, but it is money you don’t have to work for because it comes after you pay other people to work for you and manage that investment and pay the debt service on it. Did you ever believe that it’s possible to borrow money in order to increase your net worth and cash flow without working more hours?

What’s more is that since you purchased an asset, your new business credit looks even better, so you’ll be encouraged to buy more assets on credit and again, increase your net worth and cash flow. And what is even more, you will be doing all of this without incurring any personal liability.

This segment of the process involves filing basic forms that are already prepared and published for your use.

Now what about that bank account that’s in your name and just waiting for another judgment creditor to attach?  A long established legal principle explained in a Supreme Court decision known as United States v. National Bank of Commerce provides the solution. It’s quite simple; a creditor is limited to taking property over which only you have exclusive control.  A creditor can attach your personal property for a personal debt which you are liable, but cannot attach personal property if you own or control it with another person who is not liable to the same extent.

A common example of this is in a bank account.  As the sole signer on a personal account, your money could be taken by a judgment lien creditor.  But as a signer on an account in which no one signer has exclusive rights to withdraw the funds, no judgment lien creditor could take the money unless it could be taken from all signers at once. It would be like if you were the signer on a bank account for your homeowners association, acting as its treasurer. It’s not your money, so it cannot be taken to satisfy your personal debts.  Or this is similar to money that might be available to you through a corporate expense account to travel, because it’s not your money, because its money owned by the corporation for which you are employed, again it cannot be taken for your personal debts.  Our system will enable you to continue your usual banking practices but under the protection of this new corporation.

The corporate structure utilized in this program is a corporate partnership, also known as a limited liability company. It provides its members with something called “charging order protection”.  This is a technical term which we defined in the previous example.

Did you know that a judgment lien that is recorded in the county in which you personally own real estate can attach to the equity and the judgment lien creditor can collect upon refinancing or the sale of the property?  In fact, you cannot even transfer the property out of your name because it might be construed as fraud and reversed.  The Debt Free for Life Plan creates a situation that holds that first lien position and in nearly every situation, allows you to retain all of your equity without transferring title or selling.
The Uniform Fraudulent Conveyance Act states that if you transfer property at a loss in order to escape creditors, the transfer can be voided and reversed and then taken by the creditors for violating this statute. The process undertaken through the Debt Free for Life Plan creates the opposite situation. Upon its completion, your financial situation is drastically improved, no property is transferred and many times you become solvent just because of the program benefits.

Now that you have power over your creditors, and a vehicle to increase your net worth and cash flow, you can be generous with your creditors and resolve those unpaid accounts on terms which suit your personal needs.

Who qualifies?

Anyone with employment income, property or assets qualifies.  Anyone who uses personal credit is a good candidate.  Most people that invest or save money do so in their personal name, while at the same time incurring personal debts for a variety of reasons.  Why attach your savings and investments to your personal debts this way when they can be easily separated?

If you are using personal credit for purchases now, and suffer some kind of hardship that you didn’t expect, such as identity theft, you won’t be protected against creditors.

That’s right!  This incredible system protects you against identity theft without silly monthly fees.

On the other hand, if you are accustomed to using business credit, you will have no personal liability and this provides you with the continuity you need to get back on track. If you have unsecured debt that you’re either current on, or struggling to make payments on, it doesn’t matter, being prepared for anything is to your advantage.

The more money in savings and investments you have, the better prospect you are for this service. The more unsecured debt an individual has, the more benefits are available through the program. People who would seek out or be qualified for a debt settlement program or consolidation are an excellent prospect because the costs for these programs are enormous compared to ours. Because creditors and collectors know that because bankruptcy is no longer a feasible option for nearly every consumer who would consider it, they are much less willing to offer lower settlements. Furthermore, settlements reached through settlement firms will cause additional federal income tax liabilities for imputed income (forgiven debt).

I like to use this additional example.  If you are the owner of your car, and the owner of your house, everywhere you drive, your house is driving with you.  Why?  Because if you incur a liability because of the risky practice of driving (that’s why we have insurance), then anything you own can be attached to that potential liability.  Don’t think that your insurance will protect you against lawsuits.  What else do you own that is driving around in your car with you?

This program greatly benefits anyone who is employed and no more than three months behind on any eligible credit or collection account (no collection attempts from an attorney).  It is the ideal purpose if you simply want to use this program as a guarantee of protection against unknown collection or liabilities. Many professionals pay for liability insurance, which simply opens the door for potential lawsuits since there is money to be taken. Our powerful and time tested strategies absolutely close the door on all creditors; in fact it slams the door shut and greatly discourages anyone from wanting to initiate any claims against you.

I don't believe it.

It is usually the attorneys who claim that this service must be a scam.  The response is usually “If it sounds too good to be true, it probably is.”  I believe the reason for this is because they cannot sell it, or, don’t understand it, or didn’t think of it themselves.  I have had one CPA say “…it isn’t legal, but it’s not illegal, it’s grey.”  If this makes any sense at all, the truth is that he did not understand it, and since he was not qualified to give legal advice, could not simply admit that he didn’t know and just made this ambiguous response.

Please investigate for yourself; investigate me, my ideas and my business and determine for yourself whether or not I am operating any type of deceitful or fraudulent enterprise. Since 1993, my mission has been to reform the consumer debt service industry so that consumers have real solutions to their debt problems and totally understand how to analyze their situation, truly from a risk perspective.  At the same time, providing everyone, even those without any hint of a debt problem, the protection they need against personal liability to their income.  This is not asset protection per se but the only means available that absolutely protects employment income.  Remember that it is usually this income which allows people to acquire assets which can then be protected.  To assist in your investigation, you may direct your written inquiries about the law firm processing the patent application, the application itself and the law firm that obtained the trade name registration or any other inquiries to this organization.

I will be the first to tell you that a patent pending status does not make something which is already illegal, into something legal.  To understand that the process is legal, it is important to understand its principles.  First of all, it does not convey property in any way, it does not make anyone insolvent; in fact, it assists people in becoming solvent while protecting their source of income so that they can meet their personal obligations on terms that fit their needs first.  Our service conforms to the requirements of the Uniform Fraudulent Conveyance Act and meets the criteria of “fair consideration” as defined therein.  The process is not classified under any activities regulated as a security and there are no tax consequences.  The program enables you to take advantage of using business credit that does not attach to or create any personal debts.

In every single example where I have explained these programs to anyone, professional, attorney, person without experience in this area, where it was understood, it was met with overwhelming approval and appreciation for taking the effort and risk of making it available.  I say “risk” because there are certain groups of businesses and individuals who would really appreciate the opportunity to stop us from helping you.  I truly hope you can understand and realize the utility of this program and use it for your own personal benefit.  Why leave that sole source of wealth exposed to any civil liability when this tool is so available?

John Gliha

John Gliha is the founder and creator of Family First Debt Relief, Zero Debt in 90 Days and its programs and is the author of Winning the Collection Game®, Blowing the Whistle on Credit Card Debt and co-founder of the only national network of attorneys using these systems.

Gliha’s professional career began in college from a paper he wrote based on his theory that children could learn advanced mathematics at the elementary level if they were provided with the right opportunity.  His professor challenged him to prove it. So within a few months he was producing board games and visiting local elementary schools to test out his theories.  This was not only consistent with his thesis; it was proven as he watched fourth grade students solving algebraic equations within one hour of instruction.  Parents and teachers bought his program faster than he could produce it.  After a couple of years, he shelved the endeavor to focus on some of his own personal problems, credit card debt.

This was in the early 1990s, so $20,000 of credit card debt was substantial, especially since this was more than his annual income.  He worked for IBM for three years and then Motorola for one before his efforts to resolve his own debt problems turned into something unexpected.

After consulting not only with attorneys and settlement programs, but debt collection managers themselves, Gliha concluded that making no payments until he was financially solvent would best serve his interests.  He believed then and still does that serving the interests of himself first better enables him to meet obligations he has to others.

At first he was terrified.  He received collection notices in the mail and rude phone calls to try and coerce him into making payment commitments over the phone.  But he had his own plan and he was following it.  He spent many hours in the law library studying the federal and state laws regarding the collection process and more importantly, what most attorneys never consider advising their clients of, what exactly is at risk if you don’t pay what or when creditors and collectors demand.

He discovered that with all of the legal requirements imposed against the collection process, if they were simply followed, the perception of overwhelming debt collection problems could be diminished to a point where most people would feel comfortable dealing with them.

So he did.  He took advantage of every legal requirement imposed against collectors. They had to respond to him in writing, they had to stop calling him at home and at work, and all the while, he knew exactly what he was risking.  This was the big secret, in the worst case collection, his usual credit card payments would be cut in half if he were sued and had his paycheck garnished.  He didn’t tell the collectors that he knew this; he simply followed a process that developed as he received each correspondence from collectors.

He was never sued for any collection account, and today he has the use of credit just like before, but pays his balance every month.  This real life discovery was so empowering that he began sharing his story with others.  At the time, it was not very acceptable to admit having debt problems. Times have certainly changed though.  Once he explained his story, others were opened to discussing their own debt problems.  He shared his experience and knowledge freely until one day he realized that it was about all he was doing, the phone would not stop ringing (this was a few years before the Internet was popular).

Using his thesis from college about education, he believed that he could successfully share his research with others and help them achieve the same benefits.  So in 1998 he decided to compile all of his research into one book and call it “Winning the Collection Game”. Over the years he has substantially expanded the research to a point where it goes into every detail about how your attorney could successfully defend you against a collection lawsuit (if he or she really wanted to).

Since 2002 his research into the monopolistic and unfair collection practices by creditors such as MBNA has helped thousands of unsuspecting people avoid the scheme of binding arbitration.  The research and records collected over this three year period are now being used as evidence against eight creditors in an anti-trust lawsuit filed in New York.

Since 2004, he has taught over 80 attorneys in more than 15 states how to use his strategies and truly help their clients, instead of just getting them into another costly and wasteful payment plan.  Instead of offering settlements, attorneys in this network now force creditors to produce evidence that would support their complaints.  In many cases, creditors do not even have a signed agreement or proof of damages.  If everyone knew this, negotiating settlements as low as 5% or nothing would be accepted practice.