The UCC1 Holding Corporations & Trusts
It’s time that we all had an education on the UCC1, what it means and the ‘Strawman Account.’ The UCC1 is something that most people don’t know about, and how holding trusts, classes, and law work.
In 1933, all governments went bankrupt, and this means there is no Lawful Money. The UCC – Uniform Commercial Code – took over the world. Banks would have us believe that we have nothing, and we must earn a living, but that’s not really how it works – we have a right to making a living.
When you were born, your parents essentially told the government that you were not capable of managing your Estate, and you were ‘lost at SEA’ – the government took your estate as its own, and now it is up to you to re-declare yourself as the executor of your estate. In 2012, it became impossible (at least using current, known systems) to access your strawman account; however, the UCC1 Financing Statement does have benefits.
The UCC1 is a legal document which is used to regain control over your strawman, which was abandoned on the sea and has been salvaged by the Government, who, along with big corporations, now they use it for their benefit. This notice tells the state and the public that you are taking control over the birth certificate name and that you are the secured party and principal creditor of that Strawman Trust – which was set up to benefit you, and not for the interests of anyone else.
Because the Strawman is YOUR debtor, and you are acting as a trustee for that trust, you are now defined as the holder in due course of the assets held in that trust.
Interestingly enough, there is a difference between possession and ownership – and the difference is an important one – there is no way to truly ‘own’ anything, but you can have title to it – this is something that was defined in 1933 because of the Bankruptcy. When you file the UCC1, you will release many public documents and some private ones as well. The Security Agreement that you write up is a contract between you and the Strawman, and this is private. You will also write an individual Hold Harmless and Indemnity Agreement, and another Private Agreement that shows what the Strawman has agreed to accept deposits into his bank account, that are for you and on your behalf.
Before you take action on this sort of thing, it’s important you understand how the system works, and what exiting it means. Each country has its system, and claiming your sovereign rights is a big decision. Take time to understand what a person is, and what it means to write out the UCC-1 statement – and make sure you understand the terminology used. Sovereign citizenship is a complex issue, and in most countries, the arguments have not been tested in courts.
Tax IDs and Dun and Bradstreet Ratings
The Internal Revenue Service issues tax ID numbers for several reasons, and a lot of people are rather confused about how they work.
A corporation could be a parent company, or it could be a subsidiary company. Yes, subsidiaries themselves can be companies. Although they may also be limited liability companies, partnerships, or other types of legal entity. Subsidiaries are not ‘divisions of a corporation’ for this purpose. They have the same tax IDs, and they are entirely separate tax entities. It is important to remember because it means that subsidiaries can enter into their contracts, and be party to their lawsuits.
Individual companies can have credibility ratings under Dun & Bradstreet – these ratings are useful because people can use them to determine if an organization has good credit and is a good lending risk. The ratings are an indicator of whether a company is likely to fail to pay, or to pay late, and whether or not they pay at all.
If you have access to the ratings, you can make automated decisions that will make deciding who to extend credit to an awful lot easier. It becomes simpler to process a large volume of transactions, and it becomes easier to access scores across the whole portfolio of your business.
Dun and Bradstreet’s
Ratings include two parts – a risk indicator, and a financial strength rating. The financial strength rating is based on the company’s ‘tangible net worth’, taken from their latest accounts, while the risk indicator comes from the failure score, but also includes some other factors, including overrides and expert rules.
The Financial Strength Indicator can be ‘O’, meaning that the accounts for the company are either unavailable or old. ‘N,’ for Negative or a rating from H through to A, then 1A through to 5A, with H being a net worth of 0 – GBP 7,999 while 5A is the highest value for companies with a worth of more than GBP 35,000,000.
Meanwhile, risk indicators range from Undetermined (for companies where there is no information available), or 4 (High Risk) through to 1 (Minimum Risk).
Risk factors based on things like failure events, fraudulent activity, defaults, and other issues. It is possible for experts to override any factors that are picked up by the system, and they may do this in the event of something unusual or catastrophic happening that could affect the reputation of a business that is otherwise known to be trustworthy.
It is worth companies acquiring a DUNS number, and using it to look into companies. Dun and Bradstreet don’t just do risk assessments and credit ratings, you can use the information they have for marketing, CRM, and even supply chain management. In this case, information truly is power, and you can use it to improve your business – at least when you are dealing with companies that have enough published records to be a part of the system.