{"href":"http://player.captivate.fm/services/oembed?url=http%3A%2F%2Fplayer.captivate.fm%2Fepisode%2Fe0698371-41ca-4bf2-989e-f462ba3d875d","version":"1.0","provider_name":"Captivate.FM","provider_url":"https://www.captivate.fm","width":600,"height":200,"type":"rich","html":"","title":"Debt, Sovereignty & The Legal Loopholes Banks Don\u2019t Want You to Know \u2014 Tommy A. Kilpatrick","description":"In this explosive episode of Mind Over Matter, we meet Tommy A. Kilpatrick\u2014a former teacher, farmer, and author\u2014who voluntarily took a vow of poverty to uncover the truth about the financial system. After racking up over $85,000 in credit card debt due to a canceled publishing deal, Tommy refused to play by the banks\u2019 rules. Instead, he took on the system pro se, filing federal lawsuits without legal counsel\u2014not to win in court, but to prove a point. His mission? To reveal the fraud he believes underpins the modern credit system.\nTommy breaks down how alleged credit card debts from banks may lack legal standing, why invoices and promissory notes matter, and how closing your \"free\" checking account might just free you from hidden traps. If you\u2019ve ever questioned the legitimacy of your debt, this is the episode you can\u2019t afford to miss.\n\nAbout the Guest:Tommy A. Kilpatrick is a truth-seeker and author who walked away from traditional life to expose what he claims is a fraudulent credit system. Through lived experience, legal challenges, and supporting others in clearing debt, Tommy shares unorthodox yet thought-provoking insights into the true nature of debt and personal freedom.\n\nKey Takeaways :\n\n\nNot all credit card debt is created equal\u2014Tommy explains how to distinguish between store-issued cards with invoices and bank-issued credit cards without legal loan documents.\n\n\nHe argues that if a bank cannot provide a promissory note or invoice, the debt is legally unenforceable.\n\n\nFiling a federal lawsuit\u2014even one that gets dismissed\u2014can lead to the debt being wiped from your credit report. Tommy shares how this happened in his own life.\n\n\nThe power of language matters: using the word \u201calleged\u201d when referring to debt can protect your legal standing.\n\n\nFor those feeling overwhelmed by debt, the first step is asking critical questions and requesting the bank provide legal proof of the loan.\n\n\nTommy offers free consultations and access to his book Forget and Forget: How to Nuke Your Credit Card Debt to empower others.\n\n\nNote: Tommy shares his personal experiences and beliefs. Listeners are encouraged to consult certified legal and financial professionals before taking action.\n\u00a0\nConnect with Tommy Kilpatrick:\nEmail Tommy for a free consultation and a copy of his book\n\n\nBook a free 15-minute consultation: https://www.diy-debtrelief.com/\n\n\nFacebook: https://www.facebook.com/profile.php?id=61571446316625\u00a0\n\n\nBook: Forgive and Forget: How to Nuke Your Credit Card Debt (free with consultation)\n\n\nAmazon Book: https://www.amazon.com/dp/B0D1DV398C?ref_=cm_sw_r_ffobk_cp_ud_dp_TABG4YT3DN97G3VGCE7F.\u00a0\nEmail: \u00a0tom.yourhelpexpert@gmail.com\n\n\nMessage from the guest:\n\"Please don't shoot the messenger. I see myself as the accountant who discovered this massive bank fraud. Not unlike this guy:Newsweek:https://www.newsweek.com \u00a0\u203a letitia-james-fraud-accusationApr 24, 2025 \u2014 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 ...\n1.\u2060 \u2060Banks don't lend money: \u00a0https://www.educatedinlaw.org/2017/03/banks-dont-take-deposits-banks-dont-lend-money/#\u00a0\n2.\u2060 \u2060Banks must have a promissory note for the bank to grant a loan.https://upload.wikimedia.org/wikipedia/commons/4/4a/Modern_Money_Mechanics.pdf\u00a0\nThe 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. \u00a0Page six, right column, second paragraph, second line.\n3.\u2060 \u2060Fraud undoes all contracts.https://casetext.com/case/vokes-v-arthur-murray-inc\u00a0\nThe 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.\n\u00a0\nBanks match your deposits and all you have to do is to withdraw it and close the account; the same when the","thumbnail_width":300,"thumbnail_height":300,"thumbnail_url":"https://artwork.captivate.fm/f5e0dd22-67b6-47ee-9cda-03355850cb4a/zdjkyi5qcgc.jpg"}