Old Project Avalon Forum (ARCHIVE) - View Single Post - Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayable.

Mike_Jetson · 11-06-2008, 08:22 PM

Sounds very much like what could happen now.

Eliminate third world debt. Oh hold on but that wouldnt be ethical. We still need to squeeze their blood and tears for the money they owe us which we created from thin air.

Another point. Some solicitors will know this but many wont. When you buy a house with a mortgage the reason you have certain papers to sign without putting a date on them is because you technically own the house before the mortgage is created. You dont get the money to buy the house. You borrow the money against the value of a property you own. You must first own the property. It is simply transfered from one to another

11-06-2008, 08:22 PM	#57
Mike_Jetson Avalon Senior Member Join Date: Sep 2008 Location: North East ENGLAND Posts: 345	Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl Sounds very much like what could happen now. Eliminate third world debt. Oh hold on but that wouldnt be ethical. We still need to squeeze their blood and tears for the money they owe us which we created from thin air. Another point. Some solicitors will know this but many wont. When you buy a house with a mortgage the reason you have certain papers to sign without putting a date on them is because you technically own the house before the mortgage is created. You dont get the money to buy the house. You borrow the money against the value of a property you own. You must first own the property. It is simply transfered from one to another