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The sealed indictments might be simple debt collections

 
Bright Side
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01/12/2019 02:23 PM

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The sealed indictments might be simple debt collections
From a trusted source.

The sealed indictments are real - the number is growing and huge.

However the problem is these indictments are not against those who have abused their power but rather against Joe and Jane Average regarding mistatements and outright fraud they've committed on federal loan applications including mortgages and student loans.

When the crash comes, the holders of this debt will have a backup means of covering their ass.

Don't believe me? The number of county and state debt collection lawsuits on things like credit cards is up 10000% since 1999. They're just now dipping their toe in the federal pool.

It's a new boiler room. Buy up debt for pennies on the dollar, sue the applicant, rack up legal fees they have to pay for and then collect against their houses and other collateral when they can't pay or don't show up for court.

I have a friend who's a process server (they just deliver they don't get to pick what) and he said it's all he gets for business these days.
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Crypto-Tard

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01/12/2019 02:30 PM

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Re: The sealed indictments might be simple debt collections
Makes sense. The unseemly side of debt. Someone has to perfect and collect.
In the end, the truth is revealed. You might not accept it, but it will be right in front of you and undeniably true.
Bright Side  (OP)
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01/12/2019 07:03 PM

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Re: The sealed indictments might be simple debt collections
Makes sense. The unseemly side of debt. Someone has to perfect and collect.
 Quoting: Crypto-Tard


And the unseemly side of legislation that makes it all possible.

There's an entire part of the legal industry that's developing because of this. Not only do you get sued for your debt, you pay the legal fees associated with your debt too.

Try and avoid the suit? More fees for investigation and court filings. More delivery fees get added to your bill. And God forbid you threaten your process server and they send out the sherriff at $500 bucks a pop.

Sorry to burst the hopeful bubble about the sealed indictments not being for the elite or illuminati. Looks like it's not that kind pf conspiracy.

My question is who's getting rich off this? My process server friend isn't but he guarantees someone is making hundreds of millions.
You're the only one who gets to choose your vision... is the glass half empty or half full?

Ps.55:22 Give your burdens to the LORD, and he will take care of you. He will not permit the godly to slip and fall.