Step 3: Creating a Bill of Exchange

The Bill of Exchange is the key document used to settle the debt through the A4V process.


πŸ“Œ What is a Bill of Exchange?

A Bill of Exchange is a financial instrument that allows you to **assign the debt to the U.S. Treasury** for settlement.

πŸ”Ή It functions similarly to a **check** but operates under commercial law (UCC).

πŸ“„ Example of a Bill of Exchange

Here’s 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]
        

πŸ“Œ Next Step

Once the Bill of Exchange is prepared, move to Step 4: Assembling the Package.


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