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Old 03-05-2004, 12:56 PM
Montana
 
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Bonds for discharging debt



I noticed in one of Jerseee's recent&posts that he referred using a bond to discharge the debt.


Could somebody please expand on this.& I have heard it several times recently but I don't yet understand it.&


Thanks,


Sara-Jane
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  #2  
Old 03-05-2004, 06:39 PM
kgod999
 
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Re:Bonds for discharging debt

A& bond is just another form of a promise to pay. You basically are saying that you are underwriting the liability of the strawman. Some people use them instead of a bill of exchange because of the federal government often accusing people of "possibly" using fraudulent instruments when using bills of exchanges. They even refer to bonds as possible fraudulent instruments, but its all a scare tactic, bonds are widely used to raise money.
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Old 03-05-2004, 10:31 PM
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Jerseee Jerseee is offline
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Re:Bonds for discharging debt

Even by the government. And Especially the courts!
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Old 03-06-2004, 07:24 AM
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rushpat rushpat is offline
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Re:Bonds for discharging debt



Rice McLeod is big on the use of bonds of discharge.& Do a websearch on them and you see links.


At freedomnews.com, there are links to mp3 audiofiles where he talks about them.


Also, at his info site:


http://beam.to/tapes


there are lots of tapes of his seminars you can order for cheap.& The guy that runs that site also has a disc of forms they have developed.


Another place to look is at:


http://www.worldnewsstand.net/law/bond.htm


&
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