Direct Deposits and Lawful Money Redemption
Request a digital copy of the checks or copy of the pay stubs and indorse with the lawful money verbiage. Keep the originals by scanning or taking a picture and send at least 3-4 proofs with one’s yearly tax filing when the time arrives. Keep a repository of physical AND digital proof.
NOTE: As an alternative, if one is "short on proof", a check can be signed to one's self and redeemed in lawful money using the correct verbiage. This still counts as valid proof.
Lawful Money Redemption in Canada
The Bank of Canada and the Federal Reserve (USA) are linked by multiple printing contracts. It has been observed that the causal link also produces a lawful money redemption that the Bank of Canada processes through the Federal Reserve's New York ...
Can Cash Be Redeemed in Lawful Money
No, and please do not stamp money, as this can potentially be considered "defacing currency" and will lead to extreme sentences and fines. This is why the need for a repository of proof regarding the redemption of lawful money is required. When ...
Why Can’t I Get Gold for My Lawful Money Demand?
Federal Reserve notes serve as lawful money upon demand, the bank will not give you any other kind of money: US Bank Notes, Gold Certificates, Silver Certificates, stamps or united States Postal money orders. Do not ask for any special form, many ...
Income Taxes and Lawful Money
Under its power to borrow money, Congress is authorized by the Constitution to contract debt, and whenever something is borrowed it must be returned. When Congress spends the contracted private credit, each use of credit is debt which must be ...
Lawful Money and Pension Checks
Any form of deposits: pension checks, federal employee pensions, IRA and more are all indorsable in lawful money, even if given by direct deposit. Request a digital copy of the checks or pay stubs and indorse with the lawful money verbiage. Keep the ...