Letter of Credit "1099A remedy" - suggestion only

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Letter of Credit "1099A remedy" - suggestion only

iamsomedude
Administrator
posted Jan 16, 2016 by some_dude
I do not like using the word "remedy" but it appear people are having issues with CREATIVE ACCOUTNING ... here is the key: you are BOTH lender and borrower; ALPHA and OMEGA ... make the record REFLECT THIS FACT.

Here is something to consider: The COUNTY GOVERNMENT is the UNITED STATES and the COUNTY TREASURY is an EXTENTION of the UNITED STATES TREASURY. The BIRTH RECORD is an RECEIPT for INDEMNIFICAITON.

One should be able to issue a BOND/PROMISSORY NOTE to the COUNTY GOVERNMENT for DOUBLE THE AMOUNT of the CLAIM; this would be the AMOUNT the COUNTY BORROWS from the SSN ACCOUNT established to ACCOUNT FOR the TRADE NAME PROPERTY; TRADE NAME would be LENDER on a 1099A with the COUNTY GOVERNMENT as the BORROWER on the same with the PROPERTY being the BOND/PROMISSORY NOTE ISSUED and the date of acquisition being the date BOND/PROMISSORY NOTE was MAILED via REGISTERED MAIL. TRADE NAME address is "your" CURRENT ADDRESS.

The Judgment or Order Issued would the AMOUNT the DBA TRADE NAME PROPERTY BORROWS from the COUNTY GOVERNMENT; TRADE NAME would be BORROWER on a 1099A with the COUNTY GOVERNMENT as the LENDER on the same with the PROPERTY being the PROPERTY SUBJECT TO POSSESSION and the date of acquisition being the date JUDGEMENT/ORDER was ISSUED. TRADE NAME address is "your" CURRENT ADDRESS.

One ALSO fills out a 1099INT to report the ISSUANCE OF CREDIT FROM THE SECURITY (BC) as HOLDER IN DUE COURSE as an ORDER to the SECURITIES INTERMEDIARY in the AMOUNT OF THE BOND/PROMISSORY NOTE ... the PAYER would be DEPARTMENT OF TREASURY ... EIN 39-9721015 ... RECIPIENT would the DBA TRADE NAME through the SSN ... the "Tax-exempt and tax credit bond CUSIP no." (box #14) is the LAST 9 DIGITS OF YOUR BIRTH CERTIFICATE ... STOP PAYING THESE GUYS $$$$ TO GET THE BC CUSIP NUMBER. TRADE NAME address is "your" CURRENT ADDRESS.

You know, it is funny, but as I write this, I get the funny feeling that all "money transfers" are treated AS IF money had exchanged hands, but nothing really does ... just an illusion to feed people's egos so they don't see the truth that the WHOLE SYSTEM is just based on an HONOR SYSTEM. You honor my promise, I honor yours ... the amount is 100% irrelevant. It is almost like saying "If money were real, I would gladly pay you Tuesday for a hamburger today." ... too damn funny, but anyhow ...

TIP: You can fill out the 1099A and 1099INT and submit online here 1099online.com ... 1099online will also MAIL the PROPER FORMS to the RECIPIENTS. This will ensure the information is filled out correctly and even does an TIN MATCH to ensure the EIN Numbers are correct.

Now, fill out a FORM 56 and nominate the COUNTY GOVERNMENT as the FIDUCIARY. The "Court and Administrative Proceedings" (PART III) would be as follows:

For MORTGAGES:
Name of Court: Wayne County Register of Deeds
Date initiating proceedings: 4/16/73
Address of Court: 400 Monroe Street, # 700
Docket: LIBER 18394, PAGE 677, F804698
City: Detroit, Michigan
Date: 06 / 29 / 1981
Time: n/a
Place of other proceedings: State of Ohio;E940 0057

For OTHER PROCEEDINGS:
Name of Court: YOUR STATE REGISTRAR
Date initiating proceedings: DATE BC WAS SIGNED BY DOC
Address of Court: ADDRESS OF BC RECORD STORAGE
Docket: BIRHT RECORD NUMBER
City: CITY, STATE of REGISTRAR
Date: DATE BC WAS RECEIVED BY REGISTRAR
Time: n/a
Place of other proceedings: Birth County

Create an ASSIGNMENT of the BOND/PROMISSORY NOTE for the BENEFIT OF CREDITORS (see 31 USC 3713 (a)(1)(A)(i) and 11 USC 558) along with the BOND/PROMISSORY NOTE and a COPY OF THE LIBER 18394, PAGE 677, F804698 (for Mortgages: CLICK HERE TO DOWNLOAD) OR a COPY OF THE AUTHENTICATED BIRTH RECORD (for Other Matters)

Attach to a W8BEN ... here is an example filled out for a mortgage. Please use some common sense when filling this out for another matter. This is not rocket science and you do not have to get it perfect.

There you go ... there may be some stuff missing or maybe some stuff different or maybe this won't even work at all ... who knows. I just make shit up as I go along anyhow.



But what I do know is that this is done in accordance with 28 USC 3206 (Public Law 101-647; 104 Stat. 4959)

28 USC 3206 -
A person who pursuant to an execution or order issued under this chapter by a court (such as 28 USC 3002(8)) pays or delivers to the United States, a United States marshal, or a receiver, money or other personal property in which a judgment debtor has or will have an interest, or so pays a debt such person owes the judgment debtor, is discharged from such debt to the judgment debtor to the extent of the payment or delivery.


The US TREASURY issues CREDIT from the SECURITY or BIRTH RECORD to ACCOUNT FOR a DEBT INCURRED by the USE of the DBA TRADE NAME in PUBLIC. The BOND/PROMISSORY NOTE basically ASSIGNS that CREDIT to the COUNTY TREASURY for OFF-SET against the JUDGEMENT/ORDER and the IRS has also been NOTICED to ACCOUNT FOR the TRANSACTION and ENSURE the TRUSTEES do their job.


Now EXACTLY under what CONSTITUTIONAL AUTHORITY does the DEBT COLLECTOR operate outside DC to collect a DEBT of which the PRINCIPAL has a PUBLIC CONTRACTUAL OBLIGATION: ACQUIT AND DISCHARGE FROM FURTHER OBLIGATION the PERSON of whom the debt collector is initiating an action of which appears to be a contract against the PUBLIC CONTRACTUAL OBLIGATION?
[Last edited Feb 05, 2016]
~ Boris

We are called to be architects of the future, not its victims;
Resistance is futile.

If you think you can, you are correct.
If you think you can't, you are correct.





some_dude said Jan 27, 2016
update: for this process, it is recommended one fill out an OP-90 and 91 to release the contract.

On the OF-90: the contract number is the court case / account being collected upon. The name would be the name on the account and Last, First-Middle; executor as the warranted contracting officer and then describe the property to be released from escrow; Use a separate sheet of paper if need be.

On the OF-91: the U.S. Government Contract Number would the deed/mortgage/bc number. The Account Number would be the court case / account being collected upon. The name would be the name on the account and Last, First-Middle; executor as the warranted contracting officer and then describe the property to be released from escrow; Use a separate sheet of paper if need be. The Financial Institution would be Department of the Treasury, IRS. The financial institution would the one collecting on the account: see 31 USC ยง 5312 (2) and you will see what is defined as a FINANCIAL INSTITUTION and will see that most of your ACCOUNTS are held and serviced in FINANCIAL INSTITUTIONS, even if you did not consider some of these as such (and there are some surprises), so this "process" should work with ALL of these FINANCIAL INSTITUTIONS.

And submit all originals to the COUNTY GOVERNMENT on bond paper and make two copies: get both copies stamped by IRS and then submit originals and then keep a copy for yourself and submit copies to whom you think is necessary.

I know this is a process and a bit complex, but this is the accounting behind the scenes.

Buddy has instructed a woman through this and she put it all in to a foreclosure. As it turns out, not only did the foreclosure disappear, but a couple of other unrelated cases that she did not even address. Now, it appears the property is also being removed from the registry and it was not by her request.
[Last edited Jan 28, 2016]
~ Boris

We are called to be architects of the future, not its victims;
Resistance is futile.

If you think you can, you are correct.
If you think you can't, you are correct.




Ethan Edwin said Jan 28, 2016
Boris,

An Op-90, 91. Links?

-Howie





some_dude said Jan 28, 2016

www.google.com
~ Boris

We are called to be architects of the future, not its victims;
Resistance is futile.

If you think you can, you are correct.
If you think you can't, you are correct.





Ethan Edwin said Jan 28, 2016
For anyone who is curious, it is Form OF-90, not OP-90. If one does a search for OP-90 form, one will come to Beethoven. Which may, or may not be helpful in what Boris is describing above.

So, here is the link to find form OF-90, which is a GSA form:

http://www.gsa.gov/portal/forms/type/OP 

-Howie





some_dude said Jan 28, 2016
apologies .. fixed.

Thank you.
~ Boris

We are called to be architects of the future, not its victims;
Resistance is futile.

If you think you can, you are correct.
If you think you can't, you are correct.




Ethan Edwin said Jan 28, 2016
Never a problem Boris, you are the man.

-Howie




JohnDziegiel said Mar 14, 2016
how would someone get the IRS to stamp the copies?
John Dz
~ Boris

We are called to be architects of the future, not its victims;
Resistance is futile.

If you think you can, you are correct.
If you think you can't, you are correct.