SovCits seem like the kind of guys who would stare down the barrel of a gun and tell you that you can't hurt them because it's illegal to pull the trigger.
No no, they're not breaking the law they're using their secret law magic to let them follow the Superlaws that apply to the coolest and sexiest people rather than the plebian laws that apply to people like the cops or the courts or their ex-wives.
A UCC-1 financing statement (an abbreviation for Uniform Commercial Code-1) is a United States legal form that a creditor files to give notice that it has or may have an interest in the personal property of a debtor (a person who owes a debt to the creditor as typically specified in the agreement creating the debt).
From what I gather this is part of the Sovcit bullshit incantation that the person named ( in reality themselves) isn't a real person. The "real person" is someone else (also themselves in reality). The someone else (in reality themselves) is claiming an interest in the named person (again, themselves in reality). They think that by trying to concocted this extra disposable entity they can have the disposable entity take all the blame/punishment while they walk away scot-free.
This is, of course, all bullshit, and no one in the legal world buys it which is why these Sovcits suffer the consequences of their actions in the real world under the law.
It's similar logic to how a corporation or trust works eg a fictional entity that takes the responsibility, the difference being that corporations and trusts are legally recognized and sovcit stuff is not.
They think that by trying to concocted this extra disposable entity they can have the disposable entity take all the blame/punishment while they walk away scot-free.
It goes a bit deeper. They'll insist that, no, actually it is the federal government that has created this fictitious entity and the secret cheat code to sneak past a judge is to never acknowledge your legal identity references your personal identity.
This is, of course, all bullshit
We have a legal system that absolutely does function differently for different people. And the process by which we apply these competing standards is so confusingly arcane that it's not inconceivable to believe SovCit bullshit could be real. After all, so much of law boils down to what the judge agrees with when adjudicating the case, with an opportunity to appeal to a different judge(s) who apply their own rules.
The delusion is, ultimately, that this system is fair and equitable. That you really do just have to say the correct set of magic words and the judge will nod and smile and send you on your way. In reality, so much of a case is decided before you ever step into a courtroom - firstly based on matters of fact, rather than law, but secondly (and more frustratingly) based on the political inclinations of the prosecutor and the judge with respect to your identity.
I'd call it a race to the bottom, but they seem to be way past that.
However, the letter Negotiable Instruments received was really funny with how cut and dry it was. Kudos to that idiot for posting it in full. May his novation make an employee's day