Re: Does Credit Card Debt Elimination Work?
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Posted by Russell (67.0.217.107) on November 26, 2003 at 15:05:02:
In Reply to: Re: Does Credit Card Debt Elimination Work? posted by Walt on November 26, 2003 at 10:28:28:
Don't be so naive, credit card loans are most CERTAINLY illegal and have no money behind them, but do you want to know WHY nobody would dispute in this manner if they all knew? It's one simple word-FEAR, fear of collection agencies, fear what would happen if they lose. This kind of debt elimination is legal but it's not a commonly accepted way of getting out of debt. However I do understand the supreme court has said many times that banks cannot issue credit by guaranteeing the debt of another. There's the truth.
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