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Thread: Exactly what does the IRS agent think?

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  1. #10
    Quote Originally Posted by Hbert997 View Post
    I will look over the Rickman case carefully this weekend...thank you for posting it. And, also for explaining that he didn't DEMAND his paycheck to be lawful money pursuant to Title 12 USC Sub. Section 411.

    Now for the bigger question...(at least for me)! Do you see it possible to "retroactively" apply this remedy to years past in which there is controversy? For instance, for several years past I didn't file...then, upon poor "legal" advice, filed for those years and then have been garnished/levied...even to the tune of substantial $$$'s. According to their files, I still owe for back years and I have had to file for banko to buy time. Now with my head back out, finding this remedy has been a godsend to my current situation. However, can I nullify/void/alter going back in history using this remedy? Hbert
    I am new as well. I have already endorsed two checks via 12.411 and have the same questions to 'correct' previous redemptions to lawful money. Having read Mr. Merrill's comment that 'bank relied on our signature, etc' and part of me agrees it may be "water over the bridge" Nonetheless, question remains in my mind how UCS 12.411 applies ONLY at time of endorsement: "They shall be redeemed in lawful money on demand..." this is open ended; ie, it does not state a specific time, event (endorsement) or has expiration period. Why not deposit a check w/ naked endorsement, take Fed Res notes and then demand 'lawful money'...who will say "oops, sorry, too late!".......also saw part of another post "By the time you are holding cash, you have already made your demand.." again...why is it too late?...not clear. regards!
    Last edited by hvncb; 07-10-11 at 11:30 PM.

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