The Uniform Commercial Code (UCC) provides a structured legal framework for negotiable instruments, obligations, and their discharge. Among its provisions, sections like UCC §§ 3-303, 3-604, 3-104, 3-409, 2-206, and 1-103 reveal a clear foundation for the Accepted for Value (A4V) process. This process allows obligations such as mortgages, loans, or other debts to be addressed through lawful mechanisms of discharge, settlement, or setoff.
A bill of exchange can function as "legal tender" or "tender of payment," but its status depends on acceptance and context but regardless, if tendered correctly, it does discharge the debt and respective amount tendered. It is a written instrument where one party (the drawer) orders another (the drawee) to pay a specific amount to a third party (the payee). While bills of exchange can be negotiable, they can also be non-negotiable, meaning they don’t always transfer ownership upon indorsement.
A troubling, injurious, damaging, and treasonous aspect of Zillow’s operations is its reporting of properties as being in "pre-foreclosure" or "pending auction" status when, in reality, these properties are already titled in the name of a private, non-statutory, irrevocable trust. These properties are not subject to any legitimate foreclosure and are clearly beyond the jurisdiction of the COUNTY RECORDER. While this may appear to be an innocuous feature, it has profound implications for Americans, particularly non-citizen nationals, nationals of the United States, internationally protected persons, and State Citizens, who are being adversely affected, injured, and damaged by these practices.
“Lawful money” is a term used in the Federal Reserve Act, the act that authorizes the Board of Governors of the […]
Many people are banking incorrectly, misunderstanding the true nature of financial obligations and the protections available to them under the law. According to 18 U.S. Code § 8, an "obligation or other security of the United States" is defined broadly, indicating that all such obligations fall under the purview and responsibility of the U.S. Treasury. This includes Federal Reserve bank notes, coupons, United States notes, Treasury notes, gold certificates, silver certificates, fractional notes, certificates of deposit, bills, checks, or drafts for money. This has profound implications for how we understand debts and bills.
Private Citizen – is someone who is private and not governed by any de facto corporation like the U.S. […]