The Bill of Exchange is the key document used to settle the debt through the A4V process.
A Bill of Exchange is a financial instrument that allows you to **assign the debt to the U.S. Treasury** for settlement.
πΉ It functions similarly to a **check** but operates under commercial law (UCC).
Hereβs a basic example of how a Bill of Exchange should be structured:
BILL OF EXCHANGE Date: [MM/DD/YYYY] From: [Your Name in ALL CAPS] [Your Address] Pay to the Order of: UNITED STATES TREASURY Amount: [$XXXX.XX] This Bill of Exchange is tendered for settlement and closure of the associated account. Signed, [Your Signature in Blue Ink]
Once the Bill of Exchange is prepared, move to Step 4: Assembling the Package.