Financial Shield
Step Two – Financial Shield© – The Power Generator
The purpose of the Financial Shield© is to ward off the imminent collection advances of your lenders and to provide a buffer of time during which your assets are protected from levies and attachment. The Financial Shield© does not eliminate debt. It is a “power generator” in that it shifts control away from the banks and places it in your hands, where it should be.
This shield and resultant power shift tend to reduce the percentage of law suits and to render adverse judgments virtually harmless as explained and addressed in the program.
There are three major considerations for you to qualify:
Where do you live? You are more fully protected in some states than others. The strategies will change depending on the state where you live.
What is your employment status? Techniques are different for wage and salaried employees as opposed to contract workers or business owners. You may need additional modules depending on your employment status.
Who do you owe? Different banks have different collection rules that they follow. We know each of their requirements. We will be able to identify exactly what to do with each creditor and you may have a greater need for additional program modules.
Putting the Financial Shield© in place requires between 6 weeks and 90 days depending on your needs. All of the work to properly position you behind the Shield is handled by the law firm’s system. We only need your contact information and full legal name to get the ball rolling. We do not need your social security number, list of creditors, or amounts owed. The Shield takes the form of a properly documented and true “lien” which is filed in your state capital, either with the Secretary of State or whatever the appropriate locus may be for that jurisdiction, plus a filed lis pendens, law suit, and wage garnishment if needed.
Within a few months the credit reporting agencies will have found these filings and will enter this significant lien and court action into your credit report. This in itself will discourage many creditors from suing as they will realize that the time and expense of the suit may be for nothing. The lien will cover your properties and assets within your state of residence. Some applicants will need to file in multiple states if they hold equities in more than one state. If you are employed for wages or a salary, the law suit and garnishment will protect your income.
If credit obligations are in only one party’s name, then only that party will need the Shield. If credit was acquired jointly, then husband and wife, for example, will both need their separate Shields.
Please note that the Shield’s effectiveness has been compared to concrete – freshly poured it is soft. Allowed to mature it gets harder and harder. This is why time is of the essence. You do not want to wait to put your Shield in place as waiting may reduce your Shield’s effectiveness. We recommend that you retain the protection of the Financial Shield for at least a year to give your creditors sufficient time to determine you are a poor collection account.
If you have multiple credit cards and only one is in collection, the Shield can offer you protection from the remaining debt. However, for the card or cards that are already in the legal process, Control Your Creditors© is the solution. Please contact us now! Click here
