debts loans mortgages etc (tear off slips?)

by **LionsShare** Wed Feb 07, 2024 2:44 pm

Even Chat GPT Knows!
https://www.youtube.com/watch?v=8idm1hQBxDc&ab_channel=PATHS2FRDM

having found this (can't remember the link), I think it sums up quite a lot?

The bill recieved by a person is an instrument much like a Swiss army knife. A Swiss army knife has a blade, screw driver, corkscrew..... it performs several functions. So the Bill as an instrument recieved by a "person" is "inchoate" (partially complete). Our responsibility is to turn this instrument (a specie of commercial paper) into:

1. A contract for payment of obligation by endorsement and transfer by assignment;
2. A document of title to the rights in the document because it is in your name so you are title holder
3. A bill of exchange that has valuable consideration because you have rendered to Caesar his tax (stamp duty is a tax owed to the Government) and they render unto you (god) what is yours the value in sum certain written in the document.

I hope that makes sense.

Each "document" in the instrument (items 1, 2 & 3 above) each may or may not require fiscally cancelled stamp duty attached to it in the correct area of the document. The amount is calculated from the stamp duty act 1815.

the following, same commentator but from someone else.

'I had an ex who worked in a bank as a teller and she said she always wondered why the made two account entries if it was only one payment required. I explained to her that the BGC was the payment but I did not know as much back then so could not clearly explain but she could see that 2 accounts were credited as bank deposits.'

by waylander62 Thu Feb 08, 2024 4:00 pm

when you state BGC i assume you mean bank giro credit ?

by **LionsShare** Thu Feb 08, 2024 5:30 pm

waylander62 wrote:when you state BGC i assume you mean bank giro credit ?

Its actually Joint BGC otherwise yes

by waylander62 Thu Feb 08, 2024 10:46 pm

this certainly applies to utilty companies not sure about other things

but a BGC is a promissory note and is to be treated as cash think back to the 80's when people had their giro's who were on benefits they took them to the PO and were given cash.

well utilities companies have a BGC on a proper invoice ( that is why you only get statements ) you pay the 'bill' and the utility companies take the money AND then cash the giro they are double dipping as it is known that is why their profits are so high and they will never be nationalised without a fight.

there is more to utilities but not yet quite worked out a full remedy.

by **LionsShare** Fri Feb 09, 2024 11:39 am

waylander62 wrote:this certainly applies to utilty companies not sure about other things

there was some vids back in 2018 which have now been taken down, they were used for corporation & PAYE tax because they were issued by the Rev. There was also someone called 'Jezz' on YT again channel now gone who provided proof Littlewoods issue them & someone also used a homemade prom note as well as the JBGC to Littlewoods who then got a refund back on top because Littlewoods may well appear to have been 'double dippin'?

waylander62 wrote:but a BGC is a promissory note and is to be treated as cash think back to the 80's when people had their giro's who were on benefits they took them to the PO and were given cash.

Please do not get confused between a BGC & JBGC, a 'normal' BGC must be accompanied with cash &/or additional cheque, the JBGC is the instrument to give discharge when endorsed correctly. But essentially correct, can't remember seeing 1 of those credit slips from the 80s to compare.

waylander62 wrote:well utilities companies have a BGC on a proper invoice ( that is why you only get statements ) you pay the 'bill' and the utility companies take the money AND then cash the giro they are double dipping as it is known that is why their profits are so high and they will never be nationalised without a fight.

Oh yes too right (the fight bit)! But I did see some anecdotal evidence utils are possibly going to be re-nationalised or at least the 'management' side - Trustee side of things may well be going back to the Distribution Network Operaotrs (DNO) in 2025?

waylander62 wrote:there is more to utilities but not yet quite worked out a full remedy.

Correct.

by **LionsShare** Mon Feb 12, 2024 3:01 pm

this is 1 of the comments I am finding on line that others have. NB this is not my authoring! There are some obvious but some hidden references to trusts.

debts loans mortgages etc (tear off slips?) 2024-011

That is the way forward to the success of this if we are going to get any form of remedy. What a lot are doing is 'I am the living.... not the dead.....' this may be wrong? Recognising & using the trust is the key, doing it properly as in being able to stand in the various offices of.... within the trust. 1ce competance is shown that should be the key for part 4 CQV Act 1666

https://www.legislation.gov.uk/aep/Cha2/18-19/11

IV If the supposed dead Man prove to be alive, then the Title is revested. Action for mean Profits with Interest.

ayes [color=#0000FF]That if any person or [X3person or] persons shall be evicted out of any Lands or Tenements by vertue of this Act, and afterwards if such person or persons upon whose life or lives such Estate or Estates depend shall returne againe from beyond the Seas, or shall on proofe in any Action to be brought for recovery of the same [X3to] be made appeare to be liveing; or to have beene liveing at the time of the Eviction That then and from thenceforth the Tennant or Lessee who was outed of the same his or their Executors Administrators or Assignes shall or may reenter repossesse have hold and enjoy the said Lands or Tenements in his or their former Estate for and dureing the Life or Lives or soe long terme as the said person or persons upon whose Life or Lives the said Estate or Estates depend shall be liveing, and alsoe shall upon Action or Actions to be brought by him or them against the Lessors Reversioners or Tennants in possession or other persons respectively which since the time of the said Eviction received the Proffitts of the said Lands or Tenements recover for damages the full Proffitts of the said Lands or Tenements respectively with lawfull Interest for and from the time that he or they were outed of the said Lands or Tenements, and kepte or held out of the same by the said Lessors Reversioners Tennants or other persons who after the said Eviction received the Proffitts of the said Lands or Tenements or any of them respectively as well in the case when the said person or persons upon whose Life or Lives such Estate or Estates did depend are or shall be dead at the time of bringing of the said Action or Actions as if the said person or persons where then liveing.]

by **LionsShare** Mon Feb 12, 2024 3:54 pm

could this be the way forward?

debts loans mortgages etc (tear off slips?) Screen75

the link from the image
https://www.natwest.com/corporates/support/disclosures.html

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