New Bankruptcy Law parts of the unsecured debt allows you to keep and earn money

So what is a new replacement act of bankruptcy that allows you to keep and earn money or even more important because not everyone uses it? In a nutshell, is the recipient of a coin and not a money maker. There is no money to do with the promotion of the trading system so that only those who invoke their constitutional right to earn something.

This method works very well for unsecured debts, like credit cards, medical bills, foreclosures or bank foreclosurescredit is still in debt with your money after your protected structure was taken. Once a collection agency gets involved you're home free and can do serious collection of strictly regulated industry.

When collectors involving many people mistakenly believe that a formal bankruptcy is the only way out of a bad situation, but nothing could be further from the truth. It all began when banks found an unconventional way to defraud the publicusing a new type of plastic money called credit card.

The new concept of plastic money has allowed banks to take money out of thin air to fund the account and pay outrageous interest rates to keep the borrower called slavery for many years trying to repay the money did not exist. To understand this concept, please use the search term, "the show is over - the Federal Reserve Money and You", a video seminar presented at the University of Colorado Law School.

Afterpass through this age of enlightenment of the concert, it's time to see when and why a very angry Congress almost completely covered with plastic out of the law without realizing all forms of unsecured arrears. Use the search term "debacle of the Chicago" their understanding of this "act of substitution" will begin to become clear.

The resulting compromise legislation called the Fair Debt Collection Practices Act, which was written byCongress angry. The law has given everyone the chance to get away from the plastic debt is protected such as foreclosures and seizures of the elements of physics have been taken from you.

When it comes to a collector, their relationships with those who are strictly regulated by the Law Library, which is exactly the purpose of the Act 1966. If you choose not to pay the card bill Congress does not want to be bothered with some collectors who are looking to continue thefraudulent deception banks try to collect the money that was not in the first place.

What collectors can and can not say is depicted in a cartoon diluted sample can be seen with your search term "Federal Trade Commission Debt video." To receive money from violations of the collection is enough to burn collection requests as legal evidence. A violation of $ 1,000 is all you need to get your account marked "paid as agreed" in exchange for not filing a complaint.

To avoidtechnicians in the law of contract collectors do not give any information over the phone other than your name and respond to the collection of his communications with a call for "proof of debt" have-nots. Phone violations start at a minimum of $ 1000 and if you choose to play the recording of a jury, the imported breeds. Search terms as "the man wins $ 1,500,000 collector" or "woman wins lawsuit collector to $ 8,100,000, will show you how easy it is.

After takingthe time to learn about this new bankruptcy law by the parties of all unsecured debts, now you can keep everyone and make money when collectors harass you all with a very angry that Congress intended to 'set bankers.