IRS works for
creditors. IRS has forms that allow you
to be a creditor and acquire funds that are in escrow. An outstanding balance, for instance, on an
American Express card is in escrow. The
funds are there – you just have to tell the IRS with the proper tax filings to
access those funds and pay that guy off with them or return those funds to me.
You can OID any
funds that go out of your bank account – and get them back. Acquire escrow funds with a 1099-A.
If you file a
1099-OID as Recipient, those get reported on a 1040 if you want to get the
funds returned. 1099-As don’t get
reported; neither do OIDs when you’re the Payor. i1040 is available on the IRS website; it
gives line by line instructions for the 1040.
State tax is in an escrow
account, so you use a 1099-A to say use those escrow funds to pay this debt –
or you could send the obligation to the Treasury with a money order to pay the
debt. Or you can go to the bank; get a
pre-approved transaction through Treasury; start a TT&L (Treasury, Tax
& Loan) transaction, bond the account and tell the bank to hold the funds
in escrow; send a notice to the State taxing agency that the funds are being
held in escrow and as soon as they get a 0 balance that the funds will be
released to the State taxing agency.
There are many ways that can work; some certainly are more preferred
than others.
Act as a creditor in all
aspects of life, even and especially spiritually. Then your potential of creating solutions is
infinite.
Whatever you claim back does
not get added to the public debt.
Creditors correct all filings
and report properly to the IRS. Debtors
are taxed; creditors aren’t. Creditors
don’t take benefits or privileges or exemptions (on a tax form) or deductions;
creditors simply get a return of their interest, all of it. Creditors have 0 exemptions and no filing
status.
All judges and attorneys are
members of the BAR and work for the Crown – that’s why they have a title of
nobility (esquire). It’s OK to have
attorneys because the States lost their sovereignty. It’s up to the attorneys and judges and the
IRS to make sure that the creditors get their stuff.
Get transaction pre-approved
through the Treasury and then bring them into the bank.
You can then, at the least,
sit on your security interest and then the bank and you are in a stalemate.
California is a trust deed
state. When you buy a house, you fill
out a deed of trust (contract, lien) and then there’s the grant deed (title,
with only your name on it). You are the
trustor (grantor) of the deed of trust (you created the trust). You made the title company the trustee and
you made the bank the beneficiary.
The only trust that a grantor
does not have control over, ultimately, is an irrevocable trust. A deed of trust is revocable. You can record a document at the County
Recorder reshaping the trust. Make yourself
the beneficiary and someone else (friend) the trustee – here’s the new
trust. They no longer have a security
interest in your property.
Now the title company has no
authority to sell it. Still at a
standstill but the account is still not closed and you want the accounts closed. You have the grant deed in your name. Even after the bank’s interest has been sold,
you have to sign a quit-claim deed before they can sell the property. If you don’t sign a quit-claim deed, they
can’t touch the property because you’re the one on the grant deed.