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collection action
I think you will have to comprehend the debt action comprehensively or you will invite collection activity and its headaches.
For example you intend to "endorse" the coupon. If you literally endorse the coupon then you are in approbation of the bought credit etc. If you sign with your legal name that will be considered endorsement because it is a legal fiction speaking to them.
The man generates the credit by endorsement.
So you have to be the man, in the true name withdrawing endorsement by authorizing the credit or mortgage company to redeem the full amount of the coupon, principle and all.
These things all have to come together if you expect the setoff.
Regards,
David Merrill.
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