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You May Still Have Some Debt Elimination Questions...
 

If I have received real goods and services for the bills I ran up on my credit cards, then why is it ethical for me to not repay those debts?

Because the money lenders were not the sources of those goods and services. The merchants who provided the goods and services were paid, but the money lenders produced nothing. Furthermore, the money lenders never loaned anything. No money ever came out of their accounts to issue your lines of credit. They pretended to make loans, when actually nothing was ever loaned. That is called fraud.  We are simply confronting them with the truth, and they cannot deny it.
We strongly recommend that everyone read the book The Creature from Jekyll Island, by G. Edward Griffin. It is available at Amazon.com. That book reveals the fascinating story of the creation of the Federal Reserve banking system, and how what the banks of today are “loaning” has never been true money, but rather just fictions created out of thin air, in a sophisticated strategy for the bankers to take over and enslave the world.
 

What happens to the status of the credit card after this process is complete? Are the credit cards cancelled or are they still useful?

Good question. A few months after the dispute process has begun, or at least after the debt has been cancelled, the credit card institution will close out that account. So no, that card will not be useful anymore. As a matter of fact, that institution would probably not want you again as a customer. After all, they’re making a pretty lucrative racket by pretending to loan money when nothing — not a penny — EVER came out of their accounts to ANY credit card customer! So when they realize you’re not going to play that game anymore, you’re no longer a viable source of free money for them.
They can’t prove that they didn’t commit fraud . . . and so that is why they will let the debt go away when you challenge them head on. But on the other hand, they’re going to keep their free gravy train going as long as possible. Customers who wise up to it are no longer welcome.
Further, in good conscience, it would not be ethical for the customer to deliberately create credit card debts and then cancel them, knowing in advance that it is a fraud. The action outlined by our system allows you to act in good faith, showing that you have learned about the fraud only AFTER having already unwittingly allowed the so-called “debt” to exist for some time, and after having mistakenly honored it by making payments to it.
 

I am considering your program for a signature loan with a small credit union that I also keep my personal funds in. Have you seen any repercussions like asset freezing or confiscation?

We have never heard of any institution confiscating the checking account of a customer who is cancelling their credit card debt with the same institution. And at the same time, to prevent any possibility of it happening, we have recommended that they consider removing their checking account . . . or at least most of the money in it . . . from that institution and moving it to another institution. That is just simple wisdom to be prudent and cautious. “Better safe than sorry.”
 

Is there is specific time frame that I need to send the letter once I have received correspondence from the bank / cc company?

Not really. Even if they give a deadline, you’re not legally bound by it if you don’t owe them anything. But just for maintaining the effectiveness of the campaign, it makes sense to respond within a reasonable time, like a week or two. In my own case, I usually responded within 2 or 3 days. In controversies like this, the one who is on the offensive usually has the advantage, so I hit right back quickly . . . to give them the strong impression that I am absolutely on top of them and We are neither wavering, unsure, wishy-washy, or lenient towards them. If you take too long, they might get the impression that you’re weak, or apathetic, and you might be easier to push over.
Your strategy is simple. One a 1:1 basis, for each thing they send you, you send one response right away. The response will always be the first dispute letter and affidavit, until and unless they get more belligerent and threatening. Then use the second letter. That’s it. It’s as simple as that. If they don’t respond point-for-point to the dispute letter and satisfy what it demands, and if they fade away from contacting you, then you have no need to pursue them any further.
 

Does one purchase include unlimited credit card cancellations?

Yes. Once you have the system, you have it for life, to use on as many unsecured debt cancellations as you wish.
 

Is there a limit to the amount of debt that I can cancel from one purchase of the system? What is limit?

There is no limit. In fact, it wouldn’t make sense to cancel just a portion of a debt. It’s all or nothing.
 

If I am current on the particular credit card I wish to cancel and am not in default, then how would I modify the process?

There is no change to make. The first sentence is “Thank you for the statement of [date], that your institution recently sent me, expecting payment for an alleged debt.” That remains true whether you are current on your payments or not. In any case, do NOT include a payment with it, because that would contradict the point of the dispute letter and remove the credibility of your challenge.
 

Can your system be used to settle a SALLIE MAE loan? I believe they are a private corporation and not affiliated with the US government.

Yes, if it is an unsecured loan . . . meaning signature only — not a mortgage secured by real estate or other hard assets. In other words, a boat, a car, real estate, or other asset pledged as collateral, such that they could “legally” take that item from you if you don’t repay the so-called “loan”? If not, then yes — the system can cancel it.