By Johnny Liberty

Foreclosures and Commercial Liens

Declaring personal or corporate bankruptcy is not for everyone. Bankruptcy is not desirable for American Nationals or sovereign “state” Citizens as it creates a “commercial lien” upon your legal fiction “strawman” as a “U.S. citizen”, on your assets and future productivity. 

Instead of reclaiming “unalienable” (un-a-lien-able) rights as a sovereign “state” Citizen, you are requesting a “lien-able” bankruptcy from the government, instead of being “un-a-lien-able”. To declare bankruptcy is an admission that one is neither economically sovereign, nor capable of being financially responsible.

A U.S. bankruptcy court in Chapter 7, 11, 12 or 13 would make you a “ward of the court” and place your assets in “receivership”. Bankruptcy is not recommended for aspiring sovereigns. Here are a few alternatives to declaring bankruptcy. 

DISCHARGING DEBT

Third-Party Accord and Satisfaction

Accord and Satisfaction is a commercial process for discharging debt.  Sovereign “state” Citizens should not declare bankruptcy. Accord and Satisfaction may be an alternative for those who get over their head in “credit (Ø)” and cannot meet their debt obligations. 

For example, a third party on behalf of the debtor will offer a creditor consideration as a conditional Accord and Satisfaction in exchange for a full and complete “discharge (Ø)” of the “debt (Ø)”. If the consideration is offered and clearly designated on the back of the negotiable instrument (check), then accepted by the creditor, the debt is legally discharged in full. 

In the case of Ford Motor Company, a third party sent consideration on behalf of the debtor to Ford Motor Company. Ford Motor accepted the conditional Accord and Satisfaction when they deposited the check.

When Ford Motor realized what had happened, they tried to send the check back to the issuer, which it could not do by law. The cost of litigation for Ford Motor was prohibitive against a pro se litigant, so Ford settled for a full “discharge (Ø)” of the debt, and provided title to the truck free and clear. Accord and Satisfaction is one alternative to declaring “bankruptcy (Ø)”.

Repudiating Credit Card and Mortgage Fraud

The Great Snow Job by Barrie Konicov advocated massive credit card repudiation and mortgage debt cancellation, on the basis that those unlawful debts are perpetrating the fraudulent nature of the nation’s money system; a fraud that is currently hurling the country toward imminent financial collapse. 

Mr. Konikov’s methods are not for everyone, but for those faced with un-payable credit card debts, imminent foreclosure on a mortgage, or the prospects of bankruptcy. Perhaps this is a remedy, perhaps not. 

Barry Konicov advocates fighting bank fraud and outright theft by canceling personal debts. The “money (Ø)”system, he points out, is sustained by lies, cheating and thievery. Big bankers, who are all ultimately linked to the Federal Reserve Bank (FRB), create “money (Ø)” out of thin air every time a person swipes a credit card or makes a deposit to a bank account.

In a lawful system, borrowers put up collateral (something tangible) in order to borrow real wealth that actually comes from real deposits or investments at the bank. In our fraudulent system, borrowers are still putting up collateral that was created by their actual labors. However, the banks are loaning “credit (Ø)”, which is created out of thin air by electronic computer entries. 

As a result, bank customers become unwitting enablers of this systemic “bankster” fraud, and pay interest for the privilege. U.S. taxpayers, who have become accustomed to paying the U.S. government for the mere privilege of existing, have been hoodwinked into the same crooked system of paying back debt “money (Ø)” that never existed in the first place via federal and state income taxes. Furthermore, “citizens of the United States” are encouraged to be quiet, comply without thinking, and not dare to ask any questions regarding real purpose and legitimacy of the “income tax”. 

SHOW US THE LAW, THE STATUTE and THE IMPLEMENTING REGULATION

The private, for-profit corporation called the Federal Reserve Bank (FRB), creates “fiat debt money (Ø)” out of nothing at the government’s request. Then the Internal Re-Venue System (IRS) as a collection agency for the Federal Reserve Bank (FRB) and the International Monetary Fund (IMF) extracts debt payments from We the People who incorrectly assume that they have no other choice but to sweat and pay their “income taxes”.

Don’t let the system fool you; all it wants to do is rule you.”
~ Bruce Cockburn, Stealing Fire

References:

1. Timothy Lee Richardson, Patriot Resource Center (defunct)
2. The Great Snow Job: The Story of Taxes and Money, Fraud and Slavery by Barrie Konicov; Amazon; Reviewed by Esther Holmes, North American News Service, Spring ‘96, p.73; Commentary by Johnny Liberty.

Source: Sovereign’s Handbook by Johnny Liberty (30th Anniversary Edition), Volume 2 of 3, p.16 – ?

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