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.