This article delivers a devastating legal breakdown proving that lawful tender—once made and unrebutted—discharges auto loan debt under UCC §§ 3-601, 3-603, 3-310, 2-206, and 1-103, as codified in Cal. Com. Code §§ 3601, 3603, 3310, 2206, 1103, Fla. Stat. §§ 673.6011, 673.6031, 673.3101, 672.206, 671.103, and N.C.G.S. §§ 25-3-601, 25-3-603, 25-3-310, 25-2-206, 25-1-103. It exposes refusal to release a lien after lawful discharge as actionable fraud, conversion, embezzlement, and obstruction under state and federal law. With verified case law and commercial principles, it explains how silence equals acceptance and how creditors become commercially estopped. A must-read for secured parties, fiduciaries, and equity claimants demanding lien removal, declaratory relief, and commercial remedy.
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.
Did the fraudulent Car Dealership, Mortgage Company, or Utility Company tell you? You can tender payment via a bill of exchange, dollars/FRNs/portable bonds, checks and/or money orders (pubic and private), drafts, orders, and more!
While many Americans struggle to make car payments and/or struggle to save up to buy their dream cars, they are […]