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In Photoshop CS4 or newer versions, make a copy of the original layer by pressing ctrl + J. Hide the original layer by clicking the eyeball. Use the rectangular marquee tool to draw around the signature, then go to image and click crop. Press ctrl + T to cancel the marching ants. With the copy layer selected, press control and click the Create a new layer button. Press D to make color sliders go to black, then select the paint bucket tool and click on the image to fill the under layer with black. Use the background eraser tool from the left-hand toolbar to thoroughly remove the background.