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31 Usc 5118 Discharge Debt. 5118 (d) (2) provided for many years that a requirement of repayment of debt in a particular kind coin or currency could be made by legal tender. (2) paragraph (1) of this subsection does not apply to a proceeding in which no claim is made for payment or credit in an amount greater than the face or nominal value in dollars of public debt obligations or united states coins or currency involved in the proceeding.
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Code) source (statutes at large) section 5118(a) 31:773d. Download & view house joint resolution 192 is codified into 31 usc 5118 as pdf for free. So, the government still has the fiduciary duty to discharge and settle your debts, because we still don’t have access to money of real substance, and because the usa is still in bankruptcy mode.
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Real property such as a vehicle or house is not dischargeable in bankruptcy. (2) “public debt obligation” means a domestic obligation issued or guaranteed by the united states government to repay money or interest. 247 (1939), a federal us court of appeals ruled on title 31 usc 5118. The text of 31:315b(last sentence) is omitted as executed.
