From the impression someone left me with when he share his perspective on this in a seminar,
"
Accepted for Value" is, you,
acting as agent for the PERSON, accept the presentment/bill/fine/fee
to the PERSON
from the US, State[s], Municipal Corporation[s], Federal Reserve and branches, agents thereof
et al., etc..
And, because of HJR-192 (you know, when all the gold was seized &
in return the people were given '
unlimited credit') the debt is able to be
discharged [
not paid] via the social social security account #000-00-0000 opened for the PERSON, an Implied [constructive] Trust established via the New Deal.
It is aginst public policy to "pay" anything because it requires lawful money (gold & silver) to do so.
He who has the gold "pays" the bills. So in life in the post New Deal STATES[S],
debt is discharged... unless you have Dollars, then you could "pay" it, but are not
required to "pay" anything as this is aginst "public policy". You
must discharge your debts to settle your accounts though. There are other ways to do this then tendering Federal Reserve Notes from what I understand and others are very aware of.
If there is an accountant amount the People reading this thread prehaps we could get a better lesson on T Accounts and double entery book keeping...
Imagin for a moment that someone, the (US) owes a PERSON
1,000,000.00, [keep in mind the "credit" is actualy unlimited] and they can't pay you
yet, so they have a
-1,000,000.00 debt with you, and, you have a
1,000,000.00 credit with them...
PERSON "T" ACCOUNT #000-00-0000
PERSON'S Books - US Books
+| -..................+| -
1,000,000.00|.......... ............|1,000,000.00
Now, a day comes that you end up owing them
5000.00 for something... you could discharge the debt by charging up their account, and, then they would only have a debt of
-995,000.00 with you & you would only have a credit of 995,000.00 with them.
PERSON "T" ACCOUNT #000-00-000
PERSON'S Books - US Books
+| -.......................+| -
1,000,000.00|............................|1,000,000.00
|5000.00>5000.00|
995,000.00|............................|995,000.00
By, acting as agent for the PERSON, and, Accepting for Value the charge [a fine for example], to the PERSON'S Account, the debt is discharged & the account[s] are further settled.
I believe that is the
jist of
Accepted for Value.
Shoonra, I don't see how you could "
Accept for Value" anything but 'charges' either...
Prehaps some people are looking to
Refuse for Cause "
non-financial documents such as [shoonra, do you mean 'administrative hearing's'?] court papers, subpoenae, official forms and the like"?
Further, I am not sure if debts with
non-government establishments can be discharged like this... like if you owe your neighbor 'money', or the guy who worked on your roof, etc... even if I could, I don't think it would be right and I would not choose to do that.
Prehaps someone else could elaborate and/or correct any misinformation?
Its kind of a complex subject that I am still really just learning about it.