The secured party is a debtor as well?

by | Apr 22, 2008 | Q&A | 0 comments

Q: Quote -“Now, any charge against the SD can be discharged by you, the third party of interest, who now has a superior claim over all rights, titles, and interests of the Strawman. The problem the registries have in filing these claims is that the SD and SP appear to be the same entity since both are in upper case. So, be creative: come up with different spellings, or women can use a maiden name claiming the married name, or list minor children first in order to distract them from noticing that the SP is also listed amongst the Debtors. If they reject the filing remember who you are. They are my servants (they work for you), and all you have to do is give them notice that the document is registered with the post. Keep the record showing they received it. Even though it will not be registered if it is rejected, it only needs to be recorded to be in effect.” End of Quote.


I’m curious about the specific reference to the secured party being the strawman as well. Can you clarify? Please respond asap so we can get going.


A: Agree with you I am very curious as to the source – I understand the logic yet it appears to me to be deceptive. The SA by its very act seperates the secured party – you – from the strawman and defines the role of both parties. It is on that basis that you the SA file against the SD and yes you do need to distinguish the SP from the SD and there are challenges but it can be done.

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