whats your defense?

can someone clarify this for me?



you apply for a credit card, you get it, after a year or two you discover this website. you currently have a $4000 balance and have used the card all this time. you send a VOD to the CRA's, they say it cant be verified. you go to the bank and ask them to verfiy, they wont, you dont pay, they send to collections and then to court.



so now im confused, whats your defense? the debt couldnt be verified so you shouldnt have to pay even though you obviously used the card and this can easily be proven?



sorry im very new to this.., lots of information to absorb, lots of questions. thanks for the clarification.

if the mafia loans you "money" are you obliged to pay it back legally?



think about it and do some algebra on that statement...



jon

[KaosTheory]

Your defence is fraud. They have not verified the debt when asked to. You have given a sufficient amount of time to do so. They have basically admitted to fraud by their silence. What is your situation exactly? Have you been summons? If so, have you considered filing a motion to strike? There are a few things you can do. There is a lot of homework in store for you though.

those are the keywords, debt verified. why would you need it verified if you know the debt is yours and it could be proven with merchant receipts and statements?



is this not the right idea?



this seems to be the wrong way to go about it, and if it went to court youd be commiting purjury.



if your defense is fraud, then the fraud is the fact that the CCC used your promissery note to fund the "loan".



i keep reading verify, verify, verify. what exactly are you trying to verify, that the debt belongs to you? if the card is in your posession and you used it, how could you possibly turn around and say "i dont remember this, i need this debt verfied!"



now if you feel that you have been defrauded by the bank, and by asking for verfication would reveal this fraud, then i understand this concept.



nothing has happened to me, this is just hypothetical.



before i ran into any of this i sent settlement checks to my CC with the settlement statement on the back of the check. they have all endorsed it, thus agreeing to my terms. one check however magically came back with the agreement missing, pretty sneaky how the banks shred original checks and only keeps copies, copies dont pickup white-out!

Originally Posted by droog79

those are the keywords, debt verified. why would you need it verified if you know the debt is yours and it could be proven with merchant receipts and statements?



is this not the right idea?



this seems to be the wrong way to go about it, and if it went to court youd be commiting purjury.



if your defense is fraud, then the fraud is the fact that the CCC used your promissery note to fund the "loan".



i keep reading verify, verify, verify. what exactly are you trying to verify, that the debt belongs to you? if the card is in your posession and you used it, how could you possibly turn around and say "i dont remember this, i need this debt verfied!"



now if you feel that you have been defrauded by the bank, and by asking for verfication would reveal this fraud, then i understand this concept.



nothing has happened to me, this is just hypothetical.



before i ran into any of this i sent settlement checks to my CC with the settlement statement on the back of the check. they have all endorsed it, thus agreeing to my terms. one check however magically came back with the agreement missing, pretty sneaky how the banks shred original checks and only keeps copies, copies dont pickup white-out!

THE WHOLE CONCEPT OF THIS "MOVEMENT" IS THAT WE UNDERSTAND HOW THE BANKS COMMIT FRAUD EVERY DAY WHEN THEY ISSUE CREDIT.

THE REASON YOU ASK FOR VALIDATION OF THE ALLEGED DEBT FIRST IS TO MAKE THE BANK PROVE TO YOU THAT A LEGITIMATE DEBT EXISTS. THE BANK WILL NEVER SHOW YOU PROOF AND WON'T LET YOU SEE THE ORIGINAL CONTRACT/AGREEMENT YOU SIGNED.



YOU OUGHT TO SPEND SOME TIME READING ON HOW THE FEDERAL RESERVE REALLY OPERATES AND HOW MONEY WORKS IN THIS COUNTRY.



CHECK OUT THE DOWNLOADS SECTION. IT'S GOT TONS OF GOOD STUFF.

[seeker]

before i ran into any of this i sent settlement checks to my CC with the settlement statement on the back of the check. they have all endorsed it, thus agreeing to my terms. one check however magically came back with the agreement missing, pretty sneaky how the banks shred original checks and only keeps copies, copies dont pickup white-out!



Can you explain? Did you do a novation contract on the back of your check?



seeker

PJ, thanks that clears it up. just needed to hear "legitimate debt".



so what do***ents would constitute "certified verification" assuming the loan/credit was legitimate?



seeker, on the back of my check i printed:

"Endorsement of this item by the within

named payee, or an agent thereof, con-

stitues acceptance of same as full and

complete settlement of Chase

Account #4185XXXXXXXXXXXX."

hmmm, another strange thing happened with one of the settlement checks. it never got cashed, BUT the payment posted on my account.

[Jerseee]

Droog,



I highly recommend you go to the downloads section of this site and read up on banking and money issues.



You are asking questions taht you can easily find the answer to by reading that necessary material.



This is not to throw you off or cast you aside but, if you read that material---most if not all of your questions will be answered. And go through this forum and read the threads in this forum. More than likely someone has asked similiar questions that you have and read the history of how that situation unfolded.