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Insider Credit Defense Sneak Peak


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Take a sneak peek of my new e-book Insider Credit Defense available on Amazon. Learn what other credit card debt prevention e-book fail to mention yet is the single most powerful you need to know about to stop collectors and for all.

Published in: Economy & Finance, Business
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Insider Credit Defense Sneak Peak

  1. 1. Sneak Peek
  2. 2. Chapter 1 Are You Fighting Against A Credit Card Judgment? This is a system of information that is designed to educate and inform on the method of theory guides research. It exposes the majority of the time many credit card companies do not properly win judgments against borrowers and can be challenged. Most credit card judgments could likely be stopped if only borrowers would contest!
  3. 3. Okay, the credit card company also known as the BIG BANK is ready to collect on money owed from the borrower for allegedly using a credit card. Notice the word allegedly and please take note of it. For the bank this is now considered a bad loan when the borrower no longer continues to make at least the monthly minimum payments on the debt. Forensic means what occurred before a crime took place. Chapter 2: The Credit Crime Forensic
  4. 4. Upon receiving notice from a bill collector also known as collection agency borrowers should immediately demand a validation of the debt. Chapter 3: Action Plan
  5. 5. Every state has a statue of limitation for collecting on debt. What this means is that the credit card company has a certain time frame to take legal action to recover a bad debt. While morally the borrower is still responsible for the debt. But if the creditor fails to bring a lawsuit against the borrower within the statute of limitation legally the creditor cannot win a judgment or garnish wages. Chapter 4: Statute Of Limitations
  6. 6. Georgia Court of Appeals ruled on January 24, 2008 in Hill v. American Express that Georgia the statute of limitations on a credit card is six years after the amount becomes due and payable. Chapter 5: Important Rulings Updates
  7. 7. Types of wages can be garnished: wages salaries commissions bonuses or other income Take notice: Pension and retirement income can also be garnished. Chapter 6: Challenging Creditor Garnishments
  8. 8. The Consumer Credit Protection Act, provides that an employer cannot fire an employee for having a single debt garnished from their wages. However, the Act does not prevent the employer from firing the employee after two or more debts are garnished separately. Chapter 7: Creditor Garnishment Harm
  9. 9. Get my E-book at:
  10. 10. Get my E-book at: