Is it true that enforcing some little-known law can zero out your credit card debt?

Answer

Wouldn't that be nice?

But, if it were true, then how would any credit card company get paid their money? What is true is that there are scams out there wherein people are trying to avoid their legally incurred liabilities through various means. Some of these, if not illegal, are borderline illegal and certainly it's just a matter of time before laws are passed which close this (possible) loophole.

Even if there were some legal way to avoid paying what you owe; life has a way of evening out the scales of justice one way or another. We cannot avoid the consequences of our behavior. That is impossible. All those old cliches are true. You don't get something for nothing. You gotta pay what you owe. It is often less expensive and easier in the long run to own up and pay up without trying to duck and dodge.

• How can we know that is stable income or stably income?
• Stable income or stably income?
• Can a debt be sold to 3rd party if interest is paid each month?