By Anna Von Reitz\
You can't present "Accepted For Value" offers to bankrupt entities for the simple reason that they have no available credit at their disposal to exchange.
What people so cavalierly call an "A4V" is actually called a "Mutual Offset Credit Exchange", in which two or more parties exchange credits: for example, you owe me $10 bucks and I owe you $20, so we "trade" these credits (you could just as easily look at them as debts) and I wind up owing you $10 at the end of the day.
That is what an "A4V" with a government corporation is. They owe you for leases and rents and payments you made for them above and beyond services you received, and at the same time, you owe them for services you did receive. Both sides have an obligation to trade the credit they are holding against the other --- my tax bill against your lease payments. Or your service fees against my bond.
But what happens when one party to this arrangement goes bankrupt?
