3 ms·
"If I offer the dollars, it can't compel me to produce another car or give you a piece of my house instead." Sure, but if you cannot (or simply do not) pay you
by betterunix 13y ago
"If I offer the dollars, it can't compel me to produce another car or give you a piece of my house instead."
Sure, but if you cannot (or simply do not) pay your creditors with dollars, the courts can give them a (figurative) piece of your house/car/computer/etc.:
https://en.wikipedia.org/wiki/Lien https://en.wikipedia.org/wiki/Lien
- judk 13y agoYes, figurative. A lien is an attachment, payable in DOLLARS when the encumbered item is sold. Siezing property happens as a last resort, but doesn't undermine the fact that a debtor can ALWAYS choose to settle a debt in dollars, and can NEVER compel the lender to accept payback in gold or BTC or potatoes.