It's quite literally "magic spells on scrolls."
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I’ve gotten better with SovCit speak, but imma going to need a glossary for this post. I got the gist but that was it.
The critical document in this story is the BOE, but I have no idea what that's supposed to stand for.
I also don't know POA. (Maybe power of attorney, but doesn't make sense).
"Recision of security interest" sounds a lot like a document that attempts to void out the part of the loan papers that let the lender repossess the car on default.
CFO is chief financial officer, an executive at the lender organization.
UCC is the Uniform Commercial Code, a set of laws enacted in most states covering business practice regarding contracts and such.
SEC is the Securities and Exchange Commission, which regulates publicly traded stocks ("securities"). This seems to confuse the investment meaning of security with the different meaning of "security" on the loan.
CFPB is the federal Consumer Financial Protection Bureau. This organization does do things to protect borrowers in default from unfair debt collection practices. I can't imagine why they wouldn't just leap into action for this case.
Finally IRS collects federal income taxes. Form 3949a is a tattle tale form that lets you report things like your friend's improper deductions to the IRS. That's real nice.
Yeah it’s the BOE and 3949a I didn’t know. Also “poa” but I think that’s “power of attorney”.
Sorry I edited some of this stuff in.
I'm still stumped on BOE, but IRS form 3949a allows you to narc on people for tax misconduct.
The thing that pisses me off is that this takes valuable time and effort on the public and private business side instead of actual, real, non-scam business. As this sovcit shit grows, they will slow down all our business too.
Fall of the Western Civilisation: A story of scamming decadence
If the Dunning-Kruger Effect could generate electricity, this guy could run an AI server farm indefinitely.
I'm just shocked that they didn't cave in to these powerful threats lmao 🤣
The sad thing is, they often do. Especially cops. We keep seeing that from posts people put up in this community.
There's a lot of "I don't get paid enough to deal with this shit" when it comes to interacting with SovCits, so they get their way a lot more often than they should.
For a non US person this was unintelligible. I guess the took his car and he sent some paperwork sayin "it's mine give it back because I said so" and the others said "the fuck are ya talking bout?"
First they sent the lender some form that they didn't understand, claiming that the form itself was sufficient payment for the loaned they'd agreed to pay. The lender sent back a letter that probably said something like "no, you have to pay us real money like we agreed to" and the person responded with more forms that they don't understand instead of paying their bills.
This very predictably led to their car being repoed, since they weren't paying the loan, because they have been lied to by the people in this FB group who think notaries (people who have been licensed to confirm "this was signed by the person who's name is on the the page") and certified mail (the post office got a signature from someone to prove it was delivered, nothing else) have magic powers to make a document legally binding.
The entire idea is based on the self-contradictory argument that laws can only apply to YOU if you consent to them, but any and every oddly worded clause from any law or court decision, from anywhere and any time in the past, binds everyone else, as long as you know the right magic words to invoke.
For an American it's pretty goddamn unintelligible too.
As I understand it, SovCits think there is this magical pool of money the government is keeping for everyone (for some nefarious purpose I don't understand), so they think they can get out off paying any debt they owe by sending some combination of paperwork that, in effect, says bill the government and have them pay it from the magic money pool. He sent, what I'm guessing is supposed to be, a bill of exchange saying bill the government. And included language that said if you don't respond that you are doing this within 3 days, the debt will be discharged and I owe you nothing. Because SovCits think they can just write things like that and they are automatically legally binding. The company ignored his nonsense and said pay us our money, so he filed a bunch of complaints with different organizations (SEC, CFPB). And despite all his flawless paperwork, the company ultimately took the car back.
For US people it is also unintelligible.
I understood some of what they're talking about. Like the SEC and CFPB are government entities I'm aware of.
As a US person this was unintelligible.
That's it in a nutshell.
I want SovCit to take all this paperwork to court.
Darrell brooks used a lot of sovereign citizen talking points in his trial. They unsurprisingly didn't work https://youtu.be/6W9r3vAQZ00
Please don't wish bad things on the poor legal staff. They're only trying to do their jobs.
They probably look at themselves in the mirror every day. They'll probably never see the reflection.
"I'll stare directly at the sun but never in a mirror"
Out of context, that could be a badass line by a vampire in a horror movie.