-10 votes

Here's the Absolute Magic Bullet for getting credit card collection agencies OFF YOUR BACK!

Scroll to the bottom of this page and click on "Debt Validation Letter"; it's a word doc that you fill out.


If something is in CAPITAL letters, you replace it with CAPITAL letters.

First you'll need to go to the post office and get a certified mail sticker/label and a signature return receipt (solid green color) that will be returned to you with the signature of who ever received your letter. This is your proof they received it.

The certified mail label (green & white label) will have a number on it that you will type up top of page 1 of your letter.

Make 2 copies of this 5 page letter; keep one for yourself. Make a copy of the letter the credit card co. or collection agency sent you and use it as the cover letter in your packet; it will be paper clipped to the other 5 pages.

Take the letter and get it notarized and mail it off. The day they receive the letter, you'll never hear from them again.

Absolutely guaranteed to work 100%. I've personally used it on 3 different cards, and here's their reply:

******************** CRICKETS ********************

They will make your collection account disappear; they will avoid you like the plague; you've just busted them in fraud and they know it. They cannot dispute your claim, it's impossible. If they can't dispute your affidavit point by point within 30 days, you win. It's over.

Try it, it works with tactical precision; deadly, deadly .......... DEADLY!

My friends have used it with 100% success too. Once you send this letter to the agency trying to collect from you, they will instantly make your collection account disappear.

One note: You can't send this to the original creditor/credit card company, you've got to wait until the account is sent to a third party debt collector. I remember hearing Dave Mack talk about that one night on one of his discussions, but don't remember the exact specifics of it.

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No. It's federally sanctioned. In fact...

We just found out that my other half has been getting scammed on her school loan. Seems the new loan owner has the right to resubmit it as a new debt so they can use the IRS to take her federal tax returns. They did this, got it paid off and then were allowed to resubmit again. They've recently taken her whole refund check for an amount that totaled over double the original amount. That's $8,300 original as of 5 years ago and 18,200 taken total including this year. ...Now we have to go do a ton of more research again. Argh!

Buying the Brooklyn Bridge?

The old adage is about fraud. Anyone defrauding another is STEALING and ought to be in jail. Banks perpetrate fraud with just about everything they do including issuing/lending CREDIT as though it were MONEY. This is counterfeiting, bait and switch, fraud.

The Steps of Common Fraud:

Step 1: Fraud in the Inducement: “… is intended to and which does cause one to execute an instrument, or make an agreement… The misrepresentation involved does not mislead one as the paper he signs but rather misleads as to the true facts of a situation, and the false impression it causes is a basis of a decision to sign or render a judgment”. Source: Steven H. Gifis, ‘Law Dictionary’, 5th Edition, Hauppauge: Barron’s Educational Series, Inc., 2003, s.v.: ‘Fraud’.

Step 2: Fraud in Fact by Deceit (Obfuscation and Denial) and Theft:

• “ACTUAL FRAUD. Deceit. Concealing something or making a false representation with an evil intent [scanter] when it causes injury to another…”. Source: Steven H. Gifis, ‘Law Dictionary’, 5th Edition, Happauge: Barron’s Educational Series, Inc., 2003, s.v.: ‘Fraud’.

• “THE TORT OF FRAUDULENT DECEIT… The elements of actionable deceit are: A false representation of a material fact made with knowledge of its falsity, or recklessly, or without reasonable grounds for believing its truth, and with intent to induce reliance thereon, on which plaintiff justifiably relies on his injury…”. Source: Steven H. Gifis, ‘Law Dictionary’, 5th Edition, Happauge: Barron’s Educational Series, Inc., 2003, s.v.: ‘Deceit’.

Step 3: Theft by Deception and Fraudulent Conveyance:


• “FRAUDULENT CONCEALMENT… The hiding or suppression of a material fact or circumstance which the party is legally or morally bound to disclose…”.

• “The test of whether failure to disclose material facts constitutes fraud is the existence of a duty, legal or equitable, arising from the relation of the parties: failure to disclose a material fact with intent to mislead or defraud under such circumstances being equivalent to an actual ‘fraudulent concealment’…”.

• To suspend running of limitations, it means the employment of artifice, planned to prevent inquiry or escape investigation and mislead or hinder acquirement of information disclosing a right of action, and acts relied on must be of an affirmative character and fraudulent…”.

Source: Black, Henry Campbell, M.A., 'Black’s Law Dictionary’, Revised 4th Edition, St Paul: West Publishing Company, 1968, s.v. ‘Fraudulent Concealment’.


• “FRAUDULENT CONVEYANCE… A conveyance or transfer of property, the object of which is to defraud a creditor, or hinder or delay him, or to put such property beyond his reach…”.

• “Conveyance made with intent to avoid some duty or debt due by or incumbent or person (entity) making transfer…”.

Source: Black, Henry Campbell, M.A., ‘Black’s Law Dictionary', Revised 4th Edition, St Paul: West Publishing Company, 1968, s.v. ‘Fraudulent Conveyance’.

F it. I think I'm going...

...to Katmandu.

"We have allowed our nation to be over-taxed, over-regulated, and overrun by bureaucrats. The founders would be ashamed of us for what we are putting up with."
-Ron Paul

Like Dr. Paul wrote in his book "The Revolution:"

"Everyone plunders everyone."

I guess that takes the sting out of that pesky immorality argument.

Just blame someone else for your own irresponsible behavior so you won't feel so bad when you "stick it to 'em."

But the day someone tells me that a credit card company held a gun to their head and forced them to use their credit card to buy something, that's when I'll agree that you shouldn't have to repay the money you borrowed.

"We have allowed our nation to be over-taxed, over-regulated, and overrun by bureaucrats. The founders would be ashamed of us for what we are putting up with."
-Ron Paul

The Entire System Is Corrupt

The little guy will ALWAYS be left holding the empty bag. This should infuriate everyone:


just wait till JPM defaults

just wait till JPM defaults on the comex and leaves the tax payer with the bill.

But at the same time- who is entitled free goods and services?

People should at the very least be willing pay back the actual price of the goods & services they bought on credit. If you refuse to pay $5000.00 for the $500.00 couch- what excuse do you have for not paying at least $500.00?

It's paid

the minute you swipe & sign; you create the "money" and the merchant is paid.

Phil. 4:13

Yes , yes , yes and yes.

The money is created in the banking system by "request" of us, the people. Look into Modern Money Mechanics and book by Jesus Huerta de Soto " Money, Bank Credit and Economic Cycles from Von Mises Institute.
For those of you are bringing a moral argument I have this to say: your brainwash program still works. Get rid of IT!
The money you borrowed has never existed before you have borrowed them. You created them.
The moral issues comes here: when you pay them back to the banker his children used them to go to the best schools, but yours still go the public one.

And. Goverment dont print them or electronically crete them. Fed just acknowledges them and accounts for them. (Sorry Ron Paul. I still love you)

How long have you disregarded your credit card balance...

I went about 15 months and finally gave in to a 50% settlement an hour before the court hearing knowing then that the judge excepts a certified copy of the last monthly statement as validation and does not require an original contract agreement with my ink signature and date on it. I had watch many cases before my case and that was the case. But I have to note that all three credit card companies I was dealing with and their respective attorneys "never" produced the original contract so I suspect they are in the wrong. But they are the legal weasels that know how to play the system.

"First they ignore you, then they laugh at you, then they attack you, then you win!"

"The belief is worthless if the fear of social and physical punishment overrides the belief."

I think you mean "Silver Bullet" : )

The magic bullet is that convoluted one needed to make everything make sense that bounced and pinged off everyone and still came out looking pretty good- without actually being all that effective. : )

this, is a "silver bullet"

and explains the mentality of those in question.....



Love Seger.

Obama = O.ne B.ig A.ss M.istake A.merica

get out of denver babe,


and please tell D4L I meant no offense! methinks we both violated the "thou shalt not post" while imbibing protocol.

it is all good when you recognize the game you are playing.

Her Strut -


Hey, most of us here are guilty of it. Yukon Jack often posts here via my fingers... no worries

Obama = O.ne B.ig A.ss M.istake A.merica

Ha! Good stuff : )

I have to say though, I agree with this method of eliminating debt in (what I see) as the right circumstances. I would just hope that it's used as a last line of defense. That's all : )

"if yer drivein through nutbush"

better watch out for the police.

and have a way out!

If i borrow one thing (form)

If i borrow one thing (form) then i believe I should pay back that thing (same form). Likewise, if I grant the bank something of value in exchange for a loan, and they sell the collateral I granted, then i expect the bank to apply the proceeds of the valuable item I granted them to the outstanding loan, which would bring the account to zero.

If I borrow $100 FRNS from a friend, then ill pay them back $100 frns, I think this is fair.

It is fair...

but only if you enter into a contract that specifically forbids the sale of the "debt". Good luck getting into one of those with a financial institution...they ain't yer friend.

Wha? .....hey....who stole my country?

I have used

a very similar letter and it worked, the only problem is they have sold the debt to a new company. so i need to send it again.

At $.10 on the dollar ...

don't expect a third one to come after you, unless it is a big debt.

the only reason

I stopped paying them was my interest rate went from 4.9 percent to 30 percent. I had a huge fight with the credit card company. So it was the principal of the matter for me.


Please explain...

I see attorneys who buy un-adjudicated debt all of the time...credit card debt as small as $500.00...who chase the debtors into court. That they purchased the debt from the original or a secondary creditor for sometimes less than $.01 on the dollar is EXACTLY why they WILL come after you a "third time". The latter the owner...the more aggressive he is likely to be, given the larger windfall upon solution. Of course, the latter the owner, the more likely he is to accept a "settlement" below the face value of the debt.

As an aside...one of the biggest firms on the east coast (and certainly in Maryland) for this is "Pasadena Receivables"..which is owned and operated by Libertarian candidate Michael Peroutka and his brother.

Wha? .....hey....who stole my country?

Think about what you have just said ...

Now remember that this is post housing bubble environment where less than 25% of the population has equity in their homes ...

and real unemployment is approaching 20% ...

Now go back and google those collection agencies that you remember and see if they are still in business.

I would rather be a roofer in Florida or a concrete guy in Arizona than trying to make a living by getting blood out of a stone.


You don't appear to understand the power of a judgment. Judgments can allow for the seizure of real assets and the garnishment of one's wages. Believe me, given that bloodless stones exist, time also exists and judgments last for 12 years in my state and prior to their expiration, they can be renewed for an additional 12 years...indefinitely... for a mere ten dollars. While you do, a judgment never has to die.

No one is in the same financial position they were in 8 years ago...people heal...and stones can renew their blood supply...

Wha? .....hey....who stole my country?

A suit ...

A judgement (default or otherwise) ...

A lien ...

A foreclosure ...

A garnishment ...

A renewal ...

All to collect $500.

These guys are logging receivable assets that really should be net liabilities.

The debt collection industry is literally a skeleton of what it was 5 years ago.

If a debt is second hand ...

In these days, it has no value to a third hand buyer.

Tell that...

To Michael Peroutka who is still going strong.

Not sure what your accounting background is but most of these debts are held on the books as non-cash assets (inventory) at their cash value (what the attorney paid). Income is then imputed on the cash basis via credits to inventory and revenue, and corresponding debits to cash and the appropriate expense account (for the cost of the inventory).

Just because economic activity has been reduced, and more people are in dire straits, certainly doesn't mean that collections attorney's are dropping like flies.

What it really does is drasticly lower their aquisition costs in obtaining more debt to chase. Profitability per debt is lowered, however volume is increased.

Of course some entities exist that never intend to reduce the debt to judgment...in that case...I might be inclined to agree that the business model probably will not be very profitable in the current environment. As to judgments and the willingness to obtain it, and as I so much as said, time heals all wounds...and the ones that die from the wounds are simply a part of doing business to these guys.

Believe me, the percentages work in the favor of the attorneys...all day...every day.

Wha? .....hey....who stole my country?

There is an axiom in the debt collection industry ...

20% of the paper is 80% collectable.

The rest is worthless.

The first debt collector gets the first shot at that 20%.

The second one is left with the scraps.

The third would be left with garbage that costs more to collect than the paper is worth.

That is all I am saying.

Nobody is going to take a shot at it, even for free.

It's a liability even to own the paper.

Even if the crap gets renewed and circumstances change, the paper is completely worthless. The cost to litigate far exceeds any expectation to collect.

Paper will get recycled once, but, unless it is a large debt, it rarely ever gets recycled a third time.

And if the paper stays in the same hands, this guys letter is still good and he won't be bothered.

Do you see what I am saying now?

Quick question ...

Does anybody know if it is possible to buy a home using a credit card?


Use to be able to do it. I dont know if you still can. We use to buy them with multiple credit cards, although it has been many years since we did that. depends on what part of the country you are buying in.You can get a house in some parts of the country for less than 10k