In Answer To A Couple Of Questions About Debt Write-off

First Questions…

Today I was asked about loans in Ireland and if we can help people in the Republic get their debts written off legally and ethically as we can in the UK.

Unfortunately this is not possible at this time, because the laws in Ireland are not the same as in the UK, so the same process doesn't work there. It is a shame because in the research I have been doing over the last 18 months, I have come to realise that the way money is used as a form of bondage, not just for Third World countries but also for individuals in the First World, I have really become a little evangelical about it. It is similar to the way that doctors in Victorian times thought that it was healthy for people to smoke tobacco and take opium on a daily basis; today it is perpetual debt that is the curse of human life. In Victorian times people became addicts to drugs, thinking it was good, now people have become trapped by debt in the same way. See the move “Money as Debt” on our website. http://www.ideservedebtfreedom.com/index.php?name=moneyasdebt

Second Questions…

I was also asked about whether debt write-off would damage your credit rating. That partly depends on the technique used and the attitude of the bank. We use a system that seeks to avoid any adverse reports and ends in your credit rating being cleaned up on completion of the process. The unfortunate fact is that, even though it is completely illegal, the banks will endeavour to damage your credit rating. However, once the process is complete and they have been forced to write off the debt, your credit rating is then cleared up.

I have been amazed at the cavalier disregard the banks have to the law, which is why they are in this crazy position whereby about 85% of the loans they have made over the past decades are completely unenforceable.

I truly believe that the actions of individuals to hold them accountable will finally force them to obey the law and treat customers with respect.

As I said in one of my previous posts, Paul Flynn, MP for Newport West commented in the House of Commons, "Having checked the numbers of robberies and muggings in the past year, I can say with certainty that the public are much more likely to be robbed by the financial services industry than by burglars or muggers. The difference is that criminal theft is usually a single event, but robbery by financial institutions continues every week for decades." (Hansard Report – 11th June 2002). This is the simple truth, crazy as it sounds, but true all the same.

My single aim is to set as many people as possible free from personal debt, so if you or anyone you know needs help let me know, I really want to help.

To your freedom!
Chris
http://www.IDeserveDebtFreedom.com