Debt Payoff

NOTICE OF LPN Security LAW – Authorities in Support of LPN Security Money PART 15, the last part of this series. In Conclusion: When a Commercial Bank sends the instrument to the Secretary of the Treasury for discharge of its own obligations and a problem arises concerning the instrument, a commercial response of some kind …

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The Bank approved and verified LPN Negotiable Security is in conformity with the Uniform Commercial Code that parties may rely on their presentment of obligations, our LPN Securities, as settled unless given a Notice of Dishonor, whether directly applicable to Treasury Dept. officers or not. This means that if the bank or Treasury does not …

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TITLE 31, SUBTITLE III, CHAPTER 31, SUBCHAPTER II, Sec. 3123 – Payment of obligations and interest on the public debt (a) The faith of the United States Government is pledged to pay in legal tender, principal and interest on the obligations of the Government issued under this chapter. “(b) The Secretary of the Treasury shall …

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Under this remedy for discharge of the public debt and recovery to you, there are TWO debts that would have been discharged in Federal Reserve debt Promissory Note instruments or checks drawn on the same as in your checking account, equally expanding the public debt by those transactions, are discharged against a SINGLE public National …

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Public Law 73-10, chapter 48 stat 112, Congressional Legislative Statute at Large Law that took the place of the House Joint Resolution 192, further declared ……. “every provision………which purports to give the BANK a right to require payment in gold or a particular kind of coin or currency….is declared to be against Public Policy; and …

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The legal statutory and professional definitions of “bank”, “banking”, and “banker” used in the United States Code, Code of Federal Regulations, and Uniform Commercial Code of colored law are not those commonly understood by you, for these terms, and these laws have made the statutory definition of “Bank” accordingly: UCC 4-105 PART 1 “Bank” means …

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TITLE 31, SUBTITLE IV, CHAPTER 51, SUB-CHAPTER 1, Sec. 5103 states: Legal Tender – United States coins and currency (including Federal Reserve promissory notes and circulating notes of Federal Reserve Banks and National Banks such as the Private Bankers Bank, N.A.) are legal tender for all debts, public charges, taxes, and dues. (emphasis added). But …

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Federal Reserve Promissory Notes, although made Dollars, legal tender and U.S. currency for all debts public and private in the Bankruptcy reorganization, can only discharge a debt because they are not lawful coin money. Therefore, there is no actual loan given. By Black’s law Dictionary, a loan is money lent and since there is no …

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The rights of a surety to recovery on his risk or loss when standing for the debts of another was reaffirmed again as late as 1962 in Pearlman v. Reliance Ins. Co., 371 U.S. 132 when the Court said: … “sureties compelled to pay debts for their principal have been deemed entitled to reimbursement, even …

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