Who is really liable for the debt? Liability and the Obligation to pay it.
Video 4: Who is really liable for the debt
How often do you uphold your rights and collect that which is due to you?
For far too long the Banks have been getting away with daylight robbery. You, like most people, have been blind to their actions, because they shroud their actions with perceived-complexity.
You may be aware that Banks frequently sell loans onto other Banks and Collection Agencies?
But were you aware that Banks often separate the Liability (Balance) from the Obligation to Pay it (Credit Agreement), and then proceed to profit on both parts?
Every liability comes with an obligation-to-pay-it. If it doesn’t come with an obligation attached, then who is the party obligated to settle the li-ability and where is the proof of said obligation?
Answers are, as you may have guessed, in the video…
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