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Feb
14
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According to the National Economic Security and Reformation Act , NESARA, mortgage and bank debt can be erased in an effort to compensate consumers for bank and government fraud. The NESARA team has been authorized to pay out up to $9000 per card to financial institutions.
One of the reasons for the Act was to show the public that the government is aware of the horrific interest charges that credit card companies and banks charged. Since we live in a credit economy, few people were able to not agree to pay those charges in order to get a credit card debt settlement. This acts seeks to make a moral statement to the public that they understand the usury practices of unregulated and free market companies and that they have a chance to erase their debt and move on.