Accepted For Value Does It Really Work?
What is meant by “Accepted for Value”?
Accepted for Value, or A4V, is the straightforward process of paying one’s bills whereby one writes on a remittance form included in your bills.
All you do is fill in the boxes with the requested amount along with the date and then write the following across the form at an angle-
“Accepted for Value, Exemption ID, Exempt from Levy” and include your National Insurance number on the form, sign it and print your name. endorse the form on the back side with your name and current date.
What Works When “Accepted For Value Does Not?
Some people who surf the internet looking for instructions or stories about the Accepted for Value Redemption Process get caught behind a brick wall in a state of information paralysis, or are not able to enforce discharging of their debt.
Hopefully, you will find the help needed to clear up the confusion about what is not working and how to get it working while providing new foundations for your understanding of the application. Beware, this information is for your entertainment only!
According to Wikipedia, “Banker’s Acceptance” is another used for “Accepted for Value”. The definition is below:
Accepted for Value is an example of Language that is written over a Bill, Invoice, or Statement.
Banker’s Acceptance is a term used for promise of future payment, time draft so to speak, that is drawn on and guaranteed by a bank deposit. The Banker’s Acceptance agreement spells out the amount of money to be paid, the person who will receive it, and the date on which it will be paid. Once this is accepted, the draft is then the bank’s liability on unconditional basis. Draft holders can sell or exchange it with another buyer at a discounted price if they are willing to hold off until the draft matures to withdraw the funds.
As Winston Shrout puts it, a maxim of commercial law states that the one providing the liability is also the one that must provide the remedy. That means you must absorb the debt or bill — however, since DEBT IS Money and backing by precious metals has been eliminated. As an admiralty system, the commercial world allows forgiveness of debts.
There is a “hidden” commercial remedy we can use — we can “accept” invoices, bills, statements or other evidence of our debts just by signing them — give the instrument life — and return it “for value” (for the total balance value indicated on the invoice), and discharge it by returning it to the instrument’s issuer. Black’s Law Dictionary definition of Banker’s Acceptance states that this is in accordance with HJR 192/Public Law 7310 and with Biblical Law (most of the world, including the U.S. has removed precious metals as backing for Currency).
Most of us do this very thing every day when we transfer Federal Reserve Notes “for value”. i.e. “For the Value” of £1, £20, or £100 which is on currency used to discharge debts. There is no precious metal backing on assets, but they are traded in “good faith” and the number printed on it is “accepted”. We simply “accept” the number on the instrument’s face as its value. Therefore, a £20 note is accepted as a Positive Number in our accounting process and will discharge a debt of £20 as full settlement of that account.
In the end, banks or creditors expect a form of public currency, so they simply go along with this remedy without considering it nonsense. To our way of thinking, something that doesn’t work is “nonsense”. We do not operate our lives on THEORY. Nevertheless, there are processes in place to challenge debts, not with private citizens, but with corporations and in court and these are proven processes tested over time. By connecting with us you will be guided by real life case studies of individuals we have helped and learn about what truly works. Best of all is that the processes we use work time after time when worked properly! It is just a theory that A4V does not work. We hear from people every week, via 200 calls and emails, telling us they have not been able to make it work for them.
Let’s proceed with A4V history and “theory”
Similar to FRN’s A4V’s are worthless except for the value printed on them when the other party has “accepted” that. The difference between FRN’s and A4V lies in the fact that with a Secured Party Creditor a lien is placed on your birth certificate estate when an A4V is involved. There is a value placed on birth certificate bonds and these are traded so that you could at one time look up the value using the birth certificate or cusip number. Birth certificates are used by the government as collateral for taking out additional loans from International Creditors such as IMF, Rothschild European banks and others.
What you should remember when sending an Accepted For Value Endorsement is that it provides evidence of a debt, and its value is speculative. Any bond, note or bill attached to it is only as good as its accepted value. Therefore, when it is sent to your creditor and they do not send it back to you, this is proof that they have accepted it and you have successfully discharged your debt and it is no longer your obligation to pay.
Accepted for Value Goes Viral:
As of 2008, the Accepted For Value craze has gone viral due to a conference recording by Doug Riddle on talkshoe.com concerning a number of successful Accepted For Value attempts by niche students who were desperate to find a sure-fire method of effortlessly paying their debts. First-hand accounts and apparent successes caused excitement throughout a generation of people who have distaste for the IRS, government and big corporations and who think the world around them is hopelessly corrupt. Their hope is to find a hidden hole through which they can escape their planet prison.
The ensuing years included a viral revolution over Accepted For Value where an insignificant number of Libertarian, Patriot, and Constitutionalist supporters of Ron Paul Alex Jones and some Old-School Constitutionalists were involved. What came of this was a breed within the niche sect of researchers who wanted desperately to pay credit card debts and rescue homes from foreclosure. Many who were once unsuccessful in fighting the IRS changed directions with the “Acceptance” mindset and have since found success where others have wound up in U.S. jails because of fighting with agencies using constitutional arguments.
The 2008 financial collapse saw a spike in the number of people attempting to stop or delay foreclosure so they could stay in their homes. People working on their own or with lawyers combined efforts with individuals studying the powerful and popular “How to Win in Court/Jurisdictionary” course to form a new research community learn more about how to prepare for defending a personal lawsuit. They converged on talkshoe.com and other privately held membership websites and supportive churches throughout the entire country. Numbers of these individuals actually embraced the Accepted for Value methods.
In just a few months of the airing of the talkshoe episode, many were asking, “What do you think about Accepted for Value?”
Four separate posts sprang up on DailyPaul.com that include the one titled “What is Accepted for Value?” dated December, 2008.
Doug’s talkshoe instructions were simple: write on the invoice “Accepted for Value, Return for Value, Exempt From Levy and, Deposit it to U.S. Treasure and Charge Same to John H. Doe 123-45-6789 Adjust The Balance To Zero, or something similar.
He goes on to say, Mail the same to Stop 4440 Ogden, Utah in care of the Internal Revenue Service (Criminal Investigation Division).
For those afraid to send Accepted for Value notices to the IRS, particularly when asserting their right by sending CID… that’s a leap of faith. A number of those hesitant or fearful, but noticed others received remedy…temporarily.
It wasn’t long till discharged debts through A4V started failing. The rate for success through this simple method went to “0” over the next 8 years, but Winston Shrout and Doug Riddle continue selling coaching and video how-tos on the subject. What made it work? Was this just a diversionary tactic involving “smoke and mirrors” intended to lead people astray? Maybe there were elements in the IRS that allowed these successes to lead us in the wrong direction away from a more powerful remedy within reach.
No matter, now those attempting the Doug Riddle method of A4V are reporting that it does not work. They have called the IRS and been told they know nothing of their A4V. Posts have also sprung up on the internet calling A4V a scam.
Within a few years, teachers and Commerce Coaches such as Brandon Alexander Adams, who founded CreditorsInCommerce.com compiled the teachings of Doug Riddle and Winston Shrout of Accepted for Value fame into an online enforcement team. Along with his partners he began teaching at private workshops throughout the nation informing people of their administrative enforcement process which is often called “Administrative Procedures” or the “Administrative Process”.
Brandon explained at one of his CIC/MIC seminars that the intended purpose of this Administrative Process is to create a record. Furthermore, he teaches the importance of creating an admissible record that one can then submit into court evidence for which the judge then takes judicial notice of on the record. At this point he rules in your favor to have your Claim that the A4V you sent to your creditor made your debt null and void. That decision affirms the elimination of your obligation and now you have a $0 balance and this will be recognized by the court system and the public.
This powerful and involved process has many fine details and intricacies and beginners should search for a qualified coach capable of walking them through the steps. Even so, it is a longshot that you will ever get the court to enforce an A4V. What we have noticed is that those who are the most tenacious and determination are the ones their opponent is likely to drop all charges or cut a sweet enough deal that it would be foolish to turn it down. We don’t mean there are no cases that have won, but that was due to a number of factors. (We prefer facilitating discussion surrounding something that when done right works every time fir specific issues. We discuss this on our private workshop webinars, telephone communication with members and emails.)
There are, of course, other processes that are similar to A4V, such as sending a second promissory note to your creditor or bank and then enforcing that. Then again, if it takes force to get the courts to recognize your discharge of debt and compel the creditor to zero out your account or stop collection efforts, it is obvious that the A4V process is only appropriate because a) you have no other options b) you cannot afford making the payments c) the services are no longer needed.
The gist of this is that, it won’t work if you continue making each month’s credit card payment while suing the bank over a private promissory note, an A4V, or other instrument. If you think it is worthy of your time, go ahead and do it… if you have already walked away from something that is. It may not be worth your time and effort to open a lawsuit over something as small as a $1,000 credit card debt that you can no longer make payments on. My recommendation is that when you a few small bills that you can no longer pay, walk away, move on, and get involved with something more constructive such as beginning to work on an online business that will reap much needed rewards.
You have a high balance, but no longer need the service? In such cases it may be wise pursue debt verification procedures and couple that with getting prepared for a Federal Lawsuit that is based on the FCRA and FDCPA. In cases like that you have the courts, attorneys, and judges to help you out. Actually, you can win a lot of money that way so contact us privately to learn about our strategy. You can do that as a private member.
According to Brandon, students attempting A4V on their own to stop foreclosure on their mortgage succeed at an extremely low rate, and he recommends that people do everything they can to continue paying the mortgage, get a job or second job and do things the old-fashioned way. As a matter of fact, Brandon pays his own mortgage and doesn’t try to hide that fact. Don’t you think it is insane that some people jump into theoretical processes and their teachers continue paying their own bills the regular way? Brandon thinks so and agrees that public remedies, like Verification of Debt and FDCPA, work better than all that theoretical private-side kind of stuff, like A4V and the enforcement of private promissory notes.
There is something else that people have tried along with Accepted for Value is Electronic Funds Transfer or EFT for short. This is being taught and it looks like this may be a way of using a closed checking account to offset the debt. The definition in Black’s Law dictionary for a Closed Account is “used for setoff and adjustments”. What electronic funds transfer does is transfer, unless you are not aware of the entire puzzle picture. In all likelihood, instead of a transfer it will just be reversed in short order and naïve students who do not understand the methods of rebutting resumptions may just be faced with criminal charges.
Winston and Brandon both along with those of us at UCL advise that you completely AVOID this thing called EFT until you are adept at working your way through it. Yes, we did it ourselves, but it was necessary to go to court as we went through our foreclosure case so we could show it to the judge and get him to admit we had paid the bank. Your best bet is to be prepared to jump in with both feet or just forget about it! The way we understand it is that it can be done, but our hope is that people think hard before doing it and then make sure you know what you’re doing and be confident in your abilities. Have you audited the checking account to ensure (and to gather evidence) that it could be used if you go through Setoffs and Adjustments? Nobody does it, but there are many things to consider.
Remember those “simple” Accepted for Value or A4V successes you keep hearing about online? They actually account for about 1% of cases and just do not happen any longer.
If you are in the UK and have over £5000 worth of unsecured debt, please click below: