mardi 27 mars 2018

Settling a Debt: Refusing Cash for a Debt

My question involves collection proceedings in the State of: California

This question is about an article I read about the Franchise Tax Board making a policy to not accept cash but can also apply to other debts. The article talked about Section 31 U.S.C. 5103 "Legal Tender". It says that the law does not require FTB to accept currency as a form of payment. What the article did not talk about is UCC 3-603(b) tender of payment. California also has laws that reflect 3-603(b).

Lets say you owe the FTB $100 and you go to a field office and present a $100 bill and they refuse it. Well im sure they would keep coming after you regardless of what laws you quoted to them. You would then need a judge to either force them to accept the $100 cash you are presenting them or to discharge the debt. Im just curious what cause of action you could use in your complaint.


Settling a Debt: Refusing Cash for a Debt

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