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1040v Discharge Debt Guide
1040v Discharge Debt Guide
DISCLAIMER: This is information I have found on different web sites and forums, from
around the web. I make no promises that it works, nor do I promise it won't work. You
must do your own research, and decide if it it something you want to try. Doing so,
however, is of your own personal responsibility, and you will not hold myself, or any other
parties responsible. This is for entertainment purposes ONLY! This is also in the US, only;
I'm not sure of how it is in other nations.
Before I post how to discharge debt, it's important to understand what it is. Read your money: "This
note is legal tender for all debts, public and private." As you may know, in The US Constitution, the
only money is gold and silver. Starting in 1933, up through the 1960s, gold and silver, for the most
part, was removed from circulation. The note is "tendering the promise to pay, when money is
available."
www.afn.org/~govern/bankruptcy.html
So, with the US being bankrupt, what are our options? One such option, is as follows:
When you get a bill (eg, for student loans), there will be a part saying "detach with your payment."
That is your "coupon."
2) IF there is a block where you are expected to enter the "numbers" reflecting the amount, then use
it by filling in the block(s)
3) Wherever you find room near the top right of the statement/coupon, write "Money Order"
4) Fill out a 1040-V, blocks 1, 2 (if applicable), 3 and 4 (a 1040-V is attached to this post for your use)
Nothing "fancy" in the address, just your plain old everyday address details)
That's it, you're done. But, it may be a good idea to CC copies to the party you are "paying". The IRS
can take their sweet time in processing, so the other side may have to be patient. I'm told that there
are a few governmental offices, state and federal, that can negotiate your tender if they are so
inclined to actually do so. The IRS will process it, so I'm told, no questions asked. If you are concerned
that the state/federal/whoever may try to negotiate and then wait for the IRS to pay (an attempt to
double dip), then mark the 1040-V you send them as "Non-negotiable".