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Having your debt forgiven without going through bankruptcy might sound like an impossible wish cheap nike air max 90 shoes , but companies that provide such services are using an actual law on the books. According to the National Economic Security and Reformation Act , NESARA, mortgage and bank debt can be erased in an effort to compensate consumers for bank and government fraud. The NESARA team has been authorized to pay out up to $9000 per card to financial institutions.


That is why for most people it sounds like a debt forgiveness plan. The Act seeks to compensate consumers for bank and government fraud by erasing their debt, reimbursing their lender cheap nike air max 90 wholesale , and freeing the consumer to be able to start again.


One of the reasons for the Act was to show the public that the government is aware of the horrific interest charges that credit card companies and banks charged. Since we live in a credit economy, few people were able to not agree to pay those charges in order to get a credit card. This acts seeks to make a moral statement to the public that they understand the usury practices of unregulated and free market companies and that they have a chance to erase their debt and move on.


With the state of the economy as it is, many credit companies are willing to erase up to 70% of a creditors debt by getting as much as they can before things get worse. There really is no hidden agenda here. A customer able to pay off his remaining debt in five years after having 40% to 70% erased is better than a customer who goes bankrupt and the entire sum is lost to the bank. Most banks and credit card companies are willing to take what they can from the debt-relief plan then to find themselves in similar situations as their customers.


NOTE: By researching and comparing the best credit card debt consolidation options in the market, you will determine the one that meets your very specific financial situation.


You are very welcome to visit the Credit Card Debt Counseling website – where you can see the best rated debt consolidators on the market.


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End.

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Mike Litman is the co-author of the #1 Best-selling book Conversations with Millionaires. Over the last 3 years, Mike has unleashed the greatness of tens of thousands of people worldwide. Networking Times Magazine called Mike Litman 'a modern day Napoleon Hill' and at the age of 30 he's already shared the stage with well-known speakers such as Mark Victor Hansen and Bob Proctor. When you have a website online it is important for you to try and get new visitors to your site, but it's also important to take care of the visitors that you actually already have. This is because you will want your existing visitors to keep returning to your site again and again.

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