https://m.youtube.com/watch?v=wh_1_WHmz3wtl;dw:okay so this is a video from a lawyer to other lawyers about how to beat debt collectors and banks who are suing you because you owe them money.>like mortgage backed securities, all debt is wrapped up into securities>the bank that creates the loan then sells the loan to another entity (for example citibank sells their credit card debt to citigroup as a security)>by making this debt a security and then selling it the bank is able to show less "debt to income" so the bank can borrow more money to then lend to people (it's a scam)>so when the bank goes to collect the money you owe them they don't own the debt anymore>this makes them a 3rd party debt collector which means they have to be subject to federal debt collection laws which are much more strict than the laws about an original lender trying to collect a debt>because it is a security, trying to prove who even owns the debt is a mess>"you have to show assignment" which means you have to show that you have the debt or else you don't get shitthis could make debt collection impossible
Hey shylock, a new generation isn't accepting your "credit" "opportunity" in order to blow it off like a nigger because your ponzi scheme makes it impossible to lose money. I don't want you loanshark "card", your usury points, or give a shit about your kosher score. FUCK OFF.
>>538911898This was the hot topic just after the 2008 real estate crash. All the mortgages were combined into pool and split into different tranches and sold as MBS, and the Mortgage Electronic Recording System (MERS) was supposed to keep track of who owned the mortgages and who should get what % of mortgage payments to fund the payout for the MBS, and after the mortgages were put into the MBS blender no one cold track who actually owned the mortgage any more.
Imagine this. the profession "lawyer" bitch of the courts gives goyim the same advice as sam hyde. Common swindler criminal with a society that fellates them .
>>538912219The common lawyer is the kike rat attorney working for the credit card companies and lying to the judge that you owe them money without proper ownership of any debt since everything is securitized.
>>538912183Yeah that’s what happens in the present. Everything is securitized and mixed so much that the kike attorneys can’t prove in court that you actually owe them any money.
>>538912309And because this "man of the people" is propeling the antithesis of the dialectic, you should listen to him? Holy shit you binary reactionary retards are devoid of thought that comes from your own mind. Refuse their game. Don't welcome in the snake and then pilpul like a rat. The semantics you are bringing up, regardless of me agreeing with your distinction on the secured nature of the debt, is intrinsic to the scam. The weed must be removed from the root. Say no to the corporate shylock and loanshark altogether. I am just saying this because the acceleration to further niggermax the credit companies is what will bring about the synthesis of this thesis and antithesis. The synthesis being a blockchain ledger system. Read about Iceland Bail Ins.
>>538912454I’m not advocating for debt maxxing, anon. However, this information is useful for anons being sued by kikes.
Something like 90% of debt lawsuit are won by default because the defendant doesn't even show up to court. The attorney for the creditor can show up to court with 100 cases, none of which are properly documented. Around 90 will be won without a trial because no one showed up to defend. With those last ten, the judge will try to get the creditor lawyer and the debtor to work out a deal without a trial. Maybe one out of those ten will demand a trial, in which cases if the lawyer doesn't have proof of the debt being owned by their client, it gets dismissed. If the lawyer works for the credit card company or the company's law firm, they'll usually have proof of the debt. The securitization angle is going to be treated like sovereign citizen arguments. But if the debt has been sold and resold outright, it's quite common for them to be unable to show chain of custody of the debt, which must be end-to-end from the original credit agreement to the current claimed owner. This is why you should always show up for court even if you're 100% guilty of running up debt and you simply decided to not pay it off.
>>538912376Citi shows up with the credit card agreement you signed and you show up with vague notions that they might have bundled it and transferred it but zero proof. They have documentation, you don't. The judge, annoyed by you being the 2000th person to think they've found a novel legal defense, rules against you while you cry "but I saw it on YouTube!" Your best defense isn't this bozo's unworkable legal theory. It's the probability that the other side is disorganized or lazy so they didn't bring (or retain) the proper documentation. If you walk into court with YT as your lawyer, you're going to get ass raped by the judge who is tired of hearing this stupid crap.
>>538911898i beat them all because i have no debt. whitoid bread.>oh no i failed so hard because im retarded>but gais this next time it will all change and shieetyou cant help it, retard.
blackoids have your exact same problem its just 15 points lower in the spectrum.
a jew is smarter than you when hes 12 years old, when his brain is fully developed youre like a monkey compared to him.good luck fighting this, monke. youre so stupid, you allready sit in your zoo encampment looking outside where the real freedom is.
i have this theory that hashem only grants jewish people exclusive rights to fully developed brains. has something to do with the magnetic field of a jewish brain.
they cant develope correctly. its artificially limited.
for the goy. this is why theyre all so stupid, hashem did this.
