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The Credit Card
Solution utilizes a compliance process, using existing
Federal law and enforceable in Federal courts, by which a consumer can
benefit from Federal rules and regulations which insure fair
treatment that is too often ignored in today’s credit and
legal system. This process is being employed on a
regular basis to allow justice where it has often been unavailable to
the average citizen.
The Credit Card Solution operates under the watchful eye and guidance
of attorneys who provide legal advice, guidance in preparation and filing of any
necessary legal paperwork, and guidance in staying in full compliance with any and all state and federal
laws.
HOW THE PROCESS WORKS
With the
exception of the government, no other entity which enters anything on your credit reports does it in
the legally prescribed manner. Therefore, they are not in compliance and can be
challenged. If you, as a consumer, have tried to have a negative entry removed from your
credit reports, or even paid a company to attempt to do it for you, then you know how incredibly
frustrating it can be. The CRA’s (Credit Reporting Agencies) are required, by law, to remove any
non-compliant entries, although they typically ignore consumer requests to do so. The
Credit Card Solution challenges their violations on your behalf. When they ignore
the law on more than one occasion, they have created a pattern of non-compliance with federal
law. The Credit Card Solution can then give them a choice of a lawsuit or the
option of facing a compliance audit/validation review. Either way, they eventually comply with the law
and remove the non-compliant items from your credit reports. Watch the
video on Credit Restoration for a full explanation of this part of our
process.
The Credit Card
Solution can also challenges the validity of unsecured debt at a financial institution. A
look at the General Ledger of a bank that you supposedly owe, say, $20,000 on an unsecured debt, such as a credit
card account, shows that you owe the bank nothing and you owe yourself the $20,000 according to their bookkeeping
system. Therefore, that bank can be advised that the debt is not valid whether
that debt is still at the bank or has been charged off. The proprietary process that The
Credit Card Solution uses is successful in having the bank invalidate the debt. That debt
no longer exists. If there is hesitation, the compliance audit/validation review process can,
again, be used. Watch the video on Debt Invalidation for a full explanation of
this part of the process.
If that bank has
charged off your account and sold it to a collection firm, usually an attorney collection firm, that firm can
now be notified that they are trying to collect on an invalid debt and must stop immediately or face legal
consequences themselves. If that firm has proceeded with court action against you, and you
are still pre-judgment, time permitting, The Credit Card Solution can file a federal court FDCPA
1692 lawsuit against the collection attorney(s). The Fair Debt Collection
Practices Act is an extremely strong deterrent because in 99% of all cases, the attorneys/debt
collectors are in violation of many parts of it. The court can be notified that the
attorney collectors are being sued in federal court and a stay is requested. The
attorneys/debt collectors typically settle out of court. Watch the
videos on the Fair Debt Collection Practices Act for a full explanation of this part of the
process.
Get Help Now!
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