Go Back   Suijuris Forums > Educational & Learning > Banks, Collectors, and CRAs
User Name
Password

Reply
 
Thread Tools Display Modes
  #1  
Old 07-19-2004, 09:51 PM
Smart-Aleck Smart-Aleck is offline
Unplugged
 
Join Date: Oct 2004
Posts: 54
Payment in Sand Dollars?

Hello!



After studying what people have to say on this site and many others, I have come to the following conclusion:



We should be able to payoff mortgage notes simply by sending a box of Sand Dollars.



I know many mortgage notes simply ask for payment in a certain number, or 'funds', and some say 'lawful money'. If there is no such thing as 'lawful money', wouldn't ANYTHING be considered money? Are there ever circumstances where a note would specifically ask for FRN?



I can imagine the banks surprise opening the box and seeing a pile of shells, and when they phone... "OH SO MY MONEY'S NO GOOD HERE?"
Reply With Quote
  #2  
Old 07-19-2004, 10:12 PM
suijuris's Avatar
suijuris suijuris is offline
Come and Get Some!
 
Join Date: Oct 2004
Location: South Carolina
Posts: 1,511
Payment in Sand Dollars?

I am not sure that I would send a box of sand and expect anything good to come of it.



But on the contrary, the US is not the only country that calls it's currency 'dollars', and you may be suprised to know that some of these other countries have a conversion rate of 1 to 10, or better...



Enough said.



__________________
When a statute, code, or court holding changes tomorrow, does reality change? Does truth change? Does right and wrong change?
If so, there are no absolutes, and the only logical conclusion is that reality, truth, and right and wrong are determined arbitrarily on a daily basis by those with the most power, guns, and money, and the rest of us can choose to run, fight, or be their slaves.
Reply With Quote
  #3  
Old 07-20-2004, 12:02 AM
Jerseee's Avatar
Jerseee Jerseee is offline
Come and Get Some!
 
Join Date: Oct 2004
Location: Texas
Posts: 2,837
Payment in Sand Dollars?

Smart-aleck,



If it is accepted it is good. Just imagine if you refused to accept FRNs as payment or consideration. What in the world would someone do?
__________________
"FOR AS HE THINKETH IN HIS HEART, SO IS HE."
Reply With Quote
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
UCC 1-207, Code & Cites suijuris UCC 45 04-27-2008 03:46 PM
Cites - FDCPA (Title 15, Chapter 41, Subchapter V) suijuris Banks, Collectors, and CRAs 38 11-04-2007 03:54 PM
"Money" created out of thin air iamfreeru2 Banks, Collectors, and CRAs 253 07-15-2006 11:18 AM
State license to practice law jaylon Court 0 09-08-2005 04:02 PM
Promissory Note Thread Derailed by the "Judge" Judge Roy Bean Banks, Collectors, and CRAs 394 07-15-2005 08:28 PM


All times are GMT -7. The time now is 12:24 AM.
Powered by vBulletin Version 3.5.1
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 2.4.0
2003-2007 Copyright by Law Research Group, LLC Terms of Use | Sitemap | Privacy Policy | Notice/Disclaimer