Debt Clearing Hacker

Regulations and Requirements:

Our organisation offers the unique service of debt clearing and reduction,  there are many controversies with this service and of course we cannot clear everyone’s debt. There are some criteria which we take in to consideration before we are able to validate if your debt can be cleared or reduce.Debt Clearing Hacker

  • Remember that you are not committed with us yet, but if you place an order, we will have a contract, and you must fulfill it mandatorily.
  • Not to read or misunderstand the rules is not justification for not fulfill them.
  • Provide all records of your credit and debt history
  • Provide details of your financial institution and operations relating to your debt.
  • Once you place an order, we don’t accept any modification or cancellation. If you are not sure about our service, DO NOT order anything yet. Debt clearing hacker

A hacker could wipe the debt of a handful of select individuals but not everybody’s. There are too many checks and balances, both digital and non-digital. Here is a short list of reasons why it’s impossible:

  • Banks/lenders would realize quickly that all their customers disappeared or at the very least they stopped generating revenue.
  • Most companies still have printed documents, contract copies, etc. on file.
  • Both creditors and collection agencies make lots of calls to delinquent borrowers. They would wonder why there are no calls to make and pull up their written notes and call logs with debtor names.Debt Clearing Hacker
  • The credit reporting agencies would have your credit history. And, everyone that requested your credit report would have a hard copy.
  • A single hacker would have to be omnipotent to even attempt this.

If you are a hacker, could you have wiped out everybody’s debt?

No. Even the most skilled hacker in the world can’t hack everyone’s debt away.Debt Clearing Hacker

“Debt”, or bank balance, is stored on the banks’ servers in databases. Each bank is responsible for backing up their own data, otherwise it takes just one “hack” to bring down the whole bank.

Once the database is wiped/corrupted/changed, the people who put their money in the bank won’t get it back automatically, and the bank will owe it to them. It probably won’t be able to do that, will go bankrupt (literally bankrupt), and the customers won’t have anything.

But, if the bank makes backups often, a recent version of the database will be available. Whatever changed in that period between the last backup and the hack is irretrievable unless people have the receipts or backups of their own (with legal legitimacy!) to prove it.Debt Clearing Hacker

So no, you can’t wipe everyone’s debt off of a single bank, let alone the whole world.

In addition to the practical impossibility of it, wiping away everyone’s debt will make other people lose money.

Say a farmer sells a supermarket a carton of eggs every day, and the supermarket pays the farmer each week. Now here comes our gloriously skilled hacker and vaporises the supermarket’s debt. The farmer gave the supermarket eggs, didn’t get payed, and now the supermarket doesn’t owe him anything. Problem.

If you mean it in a way that the farmer in this example gets money too, that’s basically causing inflation. You’re generating more money, so in a way, there’s more supply to the demand for money and the worth of each dollar decreases, so prices must go up and everything becomes more expensive. People continue to lose money, they continue to be in debt, and nothing has changed except that you’ve cause inflation.Debt Clearing Hacker

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