In next few minutes I’m going to show you why non-payment of credit card debt you cannot afford to pay is not as bad as it sounds. Hi, my name is Mel Thompson. A few years ago I owed $63,000 in credit card debt I could not afford to pay. I was forced to find non-payment alternatives to bankruptcy. And fortunately, I did find the solution and with it I was able to avoid that debt. Today, it is my goal to share what I learned with other people who cannot afford to pay their credit card debt. I have written the Credit Card Debt Survival Guide and I have counseled several individuals
on what to do with their particular credit card debt situation. What I learned by writing to and
communicating with debt collectors and collection attorneys is that they cannot make any money from people who owe but who also know exactly how to legally resist their collection efforts. Even court action. Debt collectors are paid on a percentage of what they collect. They are simply not going to waste their
time attempting to collect from someone who knows how to legally resist them. The really neat thing I learned was how little resistance it takes to
frustrate debt collectors and the collection attorneys. One or at most a few properly worded CMRR letters will make debt collectors decide they do not want to spend anymore time with us. But what happens when we frustrate one debt collector or collection law firm attempting to collect a credit card debt from us is that that debt gets passed onto another debt collector who starts a fresh with us. Believe it or not, this is a sign we’re winning the battle. Each time we hear from a new debt
collector we just send them the same old CMRR letter. With my six credit card debts, this
process happened about every three to six months for the first two years. Then for the next two years it happened
once or twice a year until finally no more debt collection attempts from anyone. The conventional means of credit card
debt relief are all full or partial payment solutions. Debt settlement, debt consolidation or
debt management plans just do not work if you cannot afford to
pay. A recent study reported only twenty percent of debt management plans are ever actually completed. And paying credit card debt with other credit cards or worse a home equity loan is simply thoughtless. If you cannot afford to pay without
sacrificing monthly essentials, do not pa because you think you have
no choice. You do have a choice. There is one conventional means of
non-payment and that is bankruptcy. What is the worst that can happen to you?
The answer is bankruptcy. But bankruptcy will stop a court judgment if things should ever get that far. Here is why non-payment without filing bankruptcy is a such good path to credit card debt relief. Debt collectors and collection attorneys
could be dealt with as I have begun to show you. Without bankruptcy your assets remain
safe. Nothing short of a court judgement can take your assets away from you and
your credit is damaged much less. The ten year stain of bankruptcy on your credit report becomes two to four years of bad credit depending on your overall credit situation. It is time for you to make credit card
debt relief by non-payment, a strategic decision. if you could do this rationally. Leaving your emotions, fear, guilt,
feelings of helplessness out of it then you could greatly reduce your
suffering and worry. Sometimes large businesses are forced to
not pay less important creditors. Just make this a rational, business decision. Clearly this insider knowledge about the
weaknesses of debt collectors is the key you making this decision. You cand read my blog posts and pages on my website and learn more about the credit card
debt collection process and the naked opportunistic defeatable
nature of debt collectors. Go to my website and get my free 7
Dangers of Not Knowing How to Deal with A Debt Collector Go to Get started today and good luck!