2018-11-22 at 3:51 PM UTC
Has anyone heard of this practice working? I know you can buy your own debt the same way investors do, (for pennies on the dollar) but how would one go about doing this? Do I need to basically default on my shit? We could break the economy if we do this right guys.
2018-11-22 at 4:02 PM UTC
mikeyagain
African Astronaut
[unalterably regard the persecutor]
I'm saving my pennies for a skank ho tranny...
2018-11-22 at 4:02 PM UTC
Faking your own death is easier
2018-11-23 at 4:12 PM UTC
aldra
JIDF Controlled Opposition
pretty interesting idea
though I think the debt collectors buy in bulk; you can't select what/whose debt you want to buy
2018-11-23 at 5:39 PM UTC
the idea is as retarded as people who thought they could use the power generated by a generator to power a motor that in turn turns the said generator to make a perpetual machine.
2018-11-24 at 9:28 AM UTC
yeah rolaids , why you want one you pretend chink retard? your schtick sucks ass you dumdum
2018-11-26 at 12:03 PM UTC
@Ajax partially was inspiration.
If You do your own looking into it you realize the banks current practices are fraudulent anyways. You contract with a bank/financial institution. This creates a promissory note, which the bank in turn cuts you a check for. Then they claim they wrote you the check for the amount that they paid out in return. But the catch is they sell your debt so they get their money back and you no longer owe it to the financial institution. You never contracted with the 3rd party debt collectors, therefore you owe them no money. It's 7am so I apologize if this is all over the place, it's just my general understanding.
2018-11-27 at 3:35 AM UTC
Ajax
African Astronaut
[rumor the placative aphakia]
Most contracted debt obligations have clauses in them stating that your debt can be sold or transferred.
The real fraud is committed by the fed.