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July 18, 2022
A UCC Financing Statement must provide the name of the creditor, the name of the debtor and the description of property serving as collateral. The following case involved the description …
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Starts Aug 11, 2022 | 01:00 PM
This in-depth look at the UCC process is an opportunity to build on the information covered in our “Basics of the UCC Process” webinar, or for those with a working …
Starts Jul 28, 2022 | 01:00 PM
Worried about customers filing bankruptcy? Concerned about extending credit to marginal accounts? UCC filings secure collateral in agreement with your customer’s promise to pay.
June 27, 2022
Section 9-103 of the UCC defines a PMSI as a security interest in goods that are collateral for an obligation that arises in connection with the sale of the goods. …
Infographic: What Is a UCC-3 and Why Would you File One? Check out this infographic to learn more about the UCC-3!
May 9, 2022
We’ve discussed bankruptcy proofs of claim before and the importance of filing them timely (i.e., don’t miss the bar date!). And when this case crossed my desk, I couldn’t help …
April 29, 2022
CHICAGO–(BUSINESS WIRE)–Credit, Collections & Accounts Receivable Software leader Bectran, Inc. has partnered with NCS Credit to release the industry-leading UCC (Uniform Commercial Code) Filing solution. This solution eliminates the time spent initiating …
April 4, 2022
The recent war in Ukraine has placed a spotlight on the plight of families in this war-torn country, but not a lot of people are aware of what happens to …
March 21, 2022
Implementing UCC filings in your credit-granting process includes educating your customer on the process and what a UCC filing will mean to their business. To help you better explain the …
February 14, 2022
In honor of Valentine’s Day, here are four reasons we love UCC filings — and you should too! Security: If you could protect your accounts receivable, inventory, or equipment, would …
January 24, 2022
In Florida, a lender’s UCC filings technically identified the debtor incorrectly, but the Court of Appeals couldn’t determine whether the lender holds a secured interest. Now, the fate of the …
January 3, 2022
Bankruptcy proofs of claim are your key to ensuring the Trustee is aware of funds owed to you by the bankrupt party. And, just like filing UCCs or mechanic’s liens, …