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 shit
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>>545627353Did I strike a nerve, Chaim?
>>545627269based, does this work for personal loans?
>>545627269>in courtlmao, id rather beat them in my front yard
>>545627608It depends on if it’s been securitized. This anon posted this in one of my threads a while back.
>https://ia801607.us.archive.org/3/items/uniform-commercial-code/Uniform%20Commercial%20Code.pdf
>https://www.govinfo.gov/content/pkg/STATUTE-77/pdf/STATUTE-77-Pg630.pdf
>>545627748They’re fags
>>545628007>>545628081Are you a lawyer, anon?
>>545629620OP How many nigger dicks did you suck today? thanks. nigger tier level thread found.
I enjoyed your video, but should I be nervous that I can't bench 180?
>>545627269Learn to write
>>545630343>not just buying a gun for self defense
>>545627759AI says this is full of shit.>>545627269AI says the strategy in the video is procedural delay tactics, but it cannot stop foreclosure.The real reason banks avoided foreclosure in 2008: if asset prices fall by more than the down payment (down payment wipeout) then foreclosure creates a realized capital loss, which then strains bank capital requirements, which is what they actually care about, not debt-to income.So if your down payment got wiped out, you could squat indefinitely until housing prices go up again.
>>545627269Sounds like Sovereign Citizen "if I say the right words like casting a magic spell, people will do what I want" bullshit.
>>545630982Cool. If I buy the gun on credit, later default on paying for it, the original creditor securitizes the debt, then later comes after me for defaulting on the debt, I may get to keep the gun if they can't show assignment?
>>545631026I fed this into AI and it says you're full of shit.
>>545627269Remember that if a YouTube video gives you disastrously bad legal and financial advice, they're not liable for the destruction it creates in your life. Judges do not care if you 100% believe what someone on YouTube said when making their judgements. That's not to say there aren't good strategies out there for dealing with debt collectors but most of these videos about "one magic secret that causes debt collectors to cower" are mostly stupid shit. Use some common sense and do so actual research yourself before fucking your life over following the advice of people who make a living off of you watching their videos.
>>545627269>lawyers>debt>JewsPut them in camps. That's my fix. Judges too. They are all Freemason Jew pedophiles.
>>545632082Judges are traitors to the constitution and should be properly sentenced for treason. Kys kike
>>545632164Those kikes made themselves upper class citizens to rule over the massesThere ain’t no justice They all deserve to be tried and sentenced in the Court of Public OpinionWE, THE PEOPLE
>>545631026>ai saysOh you mean the AI owned and operated by a bunch of jewish nigger faggot usury enablers?
>>545632218my judge was black. and he was a very nice man desu
>>545627759>>545627608No sane bank would do that for property but banks are run by jews after all.
>>545631026>ai saysBrain damage.
>>545627269Redpill 101 for the newfags/lurkersDebt is an imaginary tool crafted by jews to manipulate/torment goyim into doing thier bidding. Why do you think they hate alternative currencies so much? They killed heads of states and promoted regime change throughout millennia just to maintain this racket. Debt isn't real and its about time the white man ignored it, same with all the other pyschotic shit they peddle in society.
>>545631145That's basically how our government works though? How do you think the goons associated with epstein are currently evading accountability?
>>545634337Debt is just a normal concept hijacked and taken to absurdities by kikes. Until usury is punishable with death society will never begin to heal.
>>545634460They control mercenary forces that will kidnap/kill you if yoy do not cooperate with them. That is the functional difference.
This sort of stuff all looks neat and super convenient and "Yeah man we're gonna FUCK the system!!!"But when you really look into it it's all smoke and mirrors meant to enrapture the most idiotic sovcit types who are barely above room temperature IQ.I had to assume a $30,000 loan for solar panels when I bought my house and looked into this. The original solar company had gone bankrupt and sold the debt to a collections company. I got a REAL lawyer to look into it and it's not as easy as just pulling some magic trick and suddenly you don't have to pay the debt.The only companies you can screw over by demanding "assignment" or finding some loophole are the very small mom & pop types. Any company that's large enough to do real business is going to have jewish lawyers of their own who have made things air tight.I know people like OP who want to act like they know this super secret technique to beat the system, because they're special and smarter than everyone else! But that's not reality.
>>545627269>"you have to show assignment" which means you have to show that you have the debt or else you don't get shitso they print out original contract and present it, now what?
