What Is the Value of a Debt?

Once you have that contract solidified, at the default stage, now there is an agreement. And if they proceed, like give you the thing or the service, or anything near you, then you can start billing them right? That's just such an interesting part of the process. So in law merchant, which is monoa mano merchanto merchant, the bills do have value, and i'll just leave it at that. Any evidence of a debt has the value of it on the face of it. In the market it could be discounted, depending on what the true value of that piece of paper is.