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Impact of Accurate Debtor Names on UCC Security

Omission of “Inc.” Left Security Interest Unperfected The proper spelling of a debtor’s name on UCC Financing Statement is currently one of the most fervently litigated UCC issues. The UCC Article 9 registry system is designed to permit creditors to...

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Critical Role of Preliminary Notice in Mechanics Liens

Oklahoma Case: Lack of Preliminary Notice Leads to Invalidated Mechanics Lien Mechanics Lien laws are rarely straightforward and courts across the...

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Collateral Description in UCC Filings: a Case from Tennessee

Collateral Description in UCC Filings: a Case from Tennessee A recent case decided by the Sixth Circuit Court of Appeals, 1st Source Bank v. Wilson...

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Notice to Commence Suit and Summons & Complaint

You’ve Received a Notice to Commence Suit and Summons & Complaint Congratulations! You have taken the proper steps to secure your receivables through...

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Importance of Monitoring Debtor Name Changes on UCC Filings

How Can Creditors Protect UCC Filings from Name Changes? If a name change by a debtor makes a filed financial statement “seriously misleading,” UCC...

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Complexities of Preliminary Notice Service in Construction

Overnight Delivery, Registered Mail, Certified Mail! Oh My! Contractors, subcontractors, material suppliers & laborers throughout the U.S. & Canada...

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The Importance of Filing a UCC with Secured Possessions

File a UCC, Even if It is Temporarily Secured by Possession You Schwinn Some, You Lose Some!

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Filing a Bankruptcy Proof of Claim as a Secured Creditor

Filing a Bankruptcy Proof of Claim as a Secured Creditor In the event of a debtor’s bankruptcy, secured creditors are paid before unsecured...

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How to Avoid Invalidating Your Lien with Proper Notices

Learn Mechanic’s Lien Rights by Example The Case: Consolidated Pipe & Supply Company v. Genoa Construction Services Inc., 690 S.E.2d 894, 302 Ga.App....

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