Credit card debt is NOT a debt - Tommy Kilpatrick with Devyne Business
In this powerful episode of Ladies in the Market, we sit down with Tommy Kilpatrick, a solopreneur who turned a mountain of credit card debt into a mission.After being left with $85,000 in credit card debt, Tommy began to question the foundation of the system itself — and what he discovered changed everything. From uncovering the legal loopholes banks don’t want you to know to actually suing the banks and winning, Tommy walks us through how he challenged the validity of credit card debt and came out clean, with no derogatory marks on his report.We explore:Why many credit card debts aren’t backed by true promissory notesThe legal arguments he used to fight backHow he teaches others to use the same knowledgeThe difference between real debt and what’s simply claimedHow to protect yourself from predatory lending tacticsIf you’re struggling with debt or want to understand how the financial system works on a deeper level, this conversation is a must.Disclaimer: This episode is for educational purposes only. Please consult with a legal or financial advisor before taking action.Amazon Book: https://www.amazon.com/dp/B0D1DV398C/ref=sr_1_1?crid=2T2J79MRKEUEU&dib=eyJ2IjoiMSJ9.G90ZVPhD0xasgrjK1S6Zav-5RWRmyKGJXLtFrEC-vmXA6jUGS2pViUpmSgWO-Ej1.kCp4IluM5LPmPjlMj27czPETspNIHPNSRAuqq-BBEgw&dib_tag=se&keywords=forgive+and+forget+by+kilpatrick&qid=1738377754&sprefix=forgive+and+forget+by+kilpatrick%2Caps%2C328&sr=8-1Landing Page https://www.diy-debtrelief.com/Email: [email protected]: Tommy A. Kilpatrick https://www.facebook.com/profile.php?id=61571446316625Please don't shoot the messenger. I see myself as the accountant who discovered this massive bank fraud. Not unlike this guy:Newsweekhttps://www.newsweek.com/letitia-james-mortgage-fraud-trump-2060388Apr 24, 2025 — Sam Antar, the financial expert who accused New York Attorney General Letitia James of mortgage fraud, released new documents this week as part of his ...1. Banks don't lend money: https://www.educatedinlaw.org/2017/03/banks-dont-take-deposits-banks-dont-lend-money/#2. Banks must have a promissory note for the bank to grant a loan.https://upload.wikimedia.org/wikipedia/commons/4/4a/Modern_Money_Mechanics.pdfThe Federal Reserve says the only way a bank can make a loan is if you first sign a promissory note to pay and the bank will enter numbers in your free checking account. Page six, right column, second paragraph, second line.3. Fraud undoes all contracts.https://casetext.com/case/vokes-v-arthur-murray-incThe bank says you used the card, therefore you are contracted to our terms and conditions, but Hirschman v. Hodges, etc., (1910) In this case, the Florida Supreme Court found that a contract could be rescinded based on fraudulent misrepresentation.4. Banks match your deposits and all you have to do is to withdraw it and close the account; the same when the bank gave (GAVE YOU) a bank-issued alleged credit card that was in fact a “Gift Card” to induce you to be a customer, in this video he explains how to get free money from the bank: https://youtube.com/shorts/CbGSRvHgbKQ?si=9WOLMhxBMbKA6OtQ5. Dave Ramsey on CC Debt Relief Companies that scam you.https://youtube.com/shorts/MgEJIocyefc?si=43SEAZY4gphYPxw-