This Blog is set up to assist attorneys responding to various "Debt Elimination", "monetary protester", "money lent", "Modern Money Mechanics", "Mandrake Mechinism", "'The Creature from Jekyll island" and "militia" types of defenses to credit card accounts. Typically these defenses are based upon the Plaintiff not being a holder in due course, failure to prove that the Plaintiff uses "generally accepted accounting principles", the "FDCPA", and Fair Credit Billing Act. As I have time I will post

Monday, February 16, 2004

This Group believes that by filing a UCC on himself a debtor can discharge the obligation.
The Mortgage Elimination Process: "By filing your UCC-1 financial statement, security agreement, negotiable bill of exchange and the Federal Reserve routing numbers with the fictitious corporate government entities, you separate yourself from that accommodation and take the position as the first creditor to that debtor. The debt belongs to the Corporate You, but the real you has been making the payments. Now you will stand first in line to utilize the collateral held in your trust account by the government. Using this trust account as they have done, you can assign credit to the bank at which you, the fictitious entity, owe the debt. A simple transaction discharges that debt."

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