Educator and Author
Don’t believe anything in this book. Take this book to your CPA and have s/he read the chapter “Act 1 Scene 1”, and hear from their own lips, that the bank could never have issued you a true credit card. This may be the first time your CPA has ever realized that their own bank-issued credit card is, in reality, a debit card.
Welcome to Tommy Kilpatrick's approach to dealing with bank-issued alleged credit card debt by challenging its legitimacy by sending a letter to the bank. According to Kilpatrick, he believes that bank-issued alleged credit card debt may be categorized as an "alleged debt," meaning he suggests it's legally disputable or even unenforceable if handled correctly.