The redemption movement is a debt-resistance movement and fraud scheme active primarily in the United States and Canada. Participants allege that a secret fund is created for everyone at birth, and that a procedure exists to "redeem" or reclaim this fund to pay bills. Common redemption schemes include acceptance for value (A4V), Treasury Direct Accounts (TDA) and secured party creditor kits.

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  • The redemption movement is a debt-resistance movement and fraud scheme active primarily in the United States and Canada. Participants allege that a secret fund is created for everyone at birth, and that a procedure exists to "redeem" or reclaim this fund to pay bills. Common redemption schemes include acceptance for value (A4V), Treasury Direct Accounts (TDA) and secured party creditor kits. Although the movement has maintained a small following since the 1990s, its theories are false and meritless. Those who participate in redemption schemes, and especially those who promote them to other people, can face criminal charges and imprisonment. Several government institutions have issued stern warnings about the fraudulent character of redemption schemes. The ideas of the redemption movement should not be confused with the actual legal right of redemption, under which a debtor may buy back property that has been levied or foreclosed, either by paying the balance of the debt or by matching the price at which the property sells. (en)
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  • The redemption movement is a debt-resistance movement and fraud scheme active primarily in the United States and Canada. Participants allege that a secret fund is created for everyone at birth, and that a procedure exists to "redeem" or reclaim this fund to pay bills. Common redemption schemes include acceptance for value (A4V), Treasury Direct Accounts (TDA) and secured party creditor kits. (en)
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  • Redemption movement (en)
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