A4V (Accepted for Value) applies when a demand is made for payment with implied consideration. If there is no original wet-inked signed contract where both parties offer consideration, then there is no demand possible, only demand w/ implied consideration which, according to the UCC [Uniform Commercial Code], holds inherent risk to the issuer; if the instrument is accepted as consideration AND returned for value THE ISSUER IS LIABLE FOR THE BILL. That is where the “payment” comes from. In the bankrupt economy whoever brings a liability has to bring the remedy. Whoever hands you a bill has to hand you the check to pay for it.