Oh, so you have no lawful money bank account. Thanks for that.
Maybe allodial person does.
Oh, so you have no lawful money bank account. Thanks for that.
Maybe allodial person does.
The banks are *supposed* to simply provide notice to the Treasury Dept. when a bank account is opened without an SSN and open a non-interest bearing account. In some countries interest-bearing accounts are the only option.
At that time, for that account there was not a demand made for lawful money.Quote:
Originally Posted by JohnnyCash
That leaves us wondering ... just how did allodial establish his/her bank account?Quote:
Originally Posted by allodial
I have tended to recommend to the furthest extent possible that accounts never be opened in one's name, non-statutory entities preferable. I'm unaware of have any bank accounts in my name. Even cops have complimented me on this point.Quote:
Originally Posted by JohnnyCash
Greedy relatives and stalkers and shady folk aren't happy with that kind of thing when they can't find out where you bank or what name the accounts might be in and if one dies or becomes incapacitated they don't get anything through probate--so knocking you off for money loses its attraction (i.e. no probate and they aren't next of kin to a business).
I've heard stories of "good sweet daughters" who drained their mom's bank accounts and maxed out credit cards while she was in the hospital because of being certain mom was gonna die.
Wolves hate it when sheep aren't easy to eat.
OK thanks, sounds like you don't use bank accounts. Are you taking advantage of the remedy (from private credit) that Congress has made available?
Can still do it for company accounts. But as I mentioned, if making bonds/notes/bills are denominated in lawful money--they don't need to be 'redeemed for lawful money'. At the mortgage table and car note desk chances are the promise to pay involves "dollars in the lawful money of the United States (or United States of America)". The typical check is in DOLLARS and the $ symbol is typically in a box.Quote:
Originally Posted by JohnnyCash
As mentioned, a fictitious reg. or a certificate of authority + an IRS EIN assignment can be utilized as part of opening accounts. Also a company can open accounts as a trustee/agent with account titles like "COMPANY CO AAF JOHN DOE".
Very interesting answer, thank you. If my questions make you at all uncomfortable simply tell me. I wonder ... if presented an out-of-state check as payment for services ... what would you do with it?
I could hand to one of my trustees or deposit it in the appropriate account myself. I tend to have the trustees take care of those things. The Trustee or whoever can deposit it in exchange for credit on account or mark it redeemed for lawful money. These days I can take a scan of a check and deposit it electronically. I have found using injket printers to be more convenient than stamps although I do have access to stamp making services.Quote:
Originally Posted by JohnnyCash
Paypal is another viable payment receipt method.
Interesting word choices. You "could" and you "can" ... but you've never done it in the past, and you're not about to start now, eh?Quote:
Originally Posted by allodial