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View Full Version : Help me find legal theories to support refusing to pay companies that take bailout $$




Rael
03-04-2009, 08:44 PM
I owe a particular bank a sum of money. This bank has received a huge amount of bailout money. I have decided that since I will be making payments on this debt to the bank through my taxes, with the federal government as the middleman, it is no longer necessary for me to send payments directly to the bank.

The bank will invariably attempt to continue to collect payment from me directly. I would like to get some ideas for a legal basis for what I am doing. Oh, I know I probably won't win. But that's not the point. Die on your feet or live on your knees.

At this point I am thinking that I could make the argument that if I continue to pay the bank, they will be unjustly enriched. Any other ideas?

Danke
03-04-2009, 08:54 PM
Secured or unsecured debt?

Rael
03-04-2009, 08:55 PM
Secured or unsecured debt?

Unsecured.

Danke
03-04-2009, 08:59 PM
http://www.amazon.com/Beating-Debt-Collectors-Richard-Cornforth/dp/0975886541

Rael
03-04-2009, 09:03 PM
http://www.amazon.com/Beating-Debt-Collectors-Richard-Cornforth/dp/0975886541

LOL. The title and the picture on the front alone warrant 4 stars from amazon :D

Danke
03-04-2009, 09:09 PM
Check this one out, Cornforth says good things about Bill Bauer.

http://www.creditwrench.com/