5 min read
Chapter 7 vs Chapter 11 Bankruptcy
The primary difference between Chapter 7 vs Chapter 11 is whether the bankrupt entity intends to continue operating after it exits bankruptcy. An...
Bankruptcy
2 min read
UCC Filing Myths
The 6 Myths of UCC Filings: Big Foot, a Unicorn, and a UCC Financing Statement No, wait – not the right joke. Let’s try again. Big Foot, Unicorns &...
4 min read
Reduce the Need for Collections with UCC Filings
Filing UCCs Will Reduce the Need to Place Accounts for Collections Did you know UCC filings reduce collection needs? It’s true. How? Well, Article 9...
2 min read
Bankruptcy Proof of Claim: Don’t Forget!
Bankruptcies Are on the Rise; Remember Your Bankruptcy Proof of Claim It’s “officially” unofficial, we may be heading into another recession. Think...
2 min read
Blanket Filing or PMSI Filing
Should You Use a Blanket Filing or a PMSI Filing? There are primarily two types of secured transactions under Article 9 of the Uniform Commercial...
3 min read
The Competitive Advantage of UCC Filings
Did You Know UCCs Give You a Competitive Edge when Extending Credit? UCC Filings Promote Commerce In 1952, the Uniform Commercial Code (UCC) was...
3 min read
Safe Harbor Won’t Save Your Florida UCC
Florida is serious about UCC filings. A recent Court of Appeals decision left a creditor with an unperfected security interest, when its UCC...
2 min read
Perfecting Security Interests: Avoiding Improper Forms
A Seemingly Minor Error Cost One Creditor $4,153,137.79 When preparing documentation to perfect a UCC filing, the requirements may not be too...
4 min read
Special Types of Liens: Oil and Gas Liens
Are There Special Types of Liens? The Short Answer: YES! The question: “Are there special types of mechanic’s liens?” The Answer: YES! Some include...
3 min read
UCC Filings: Does DBA Matter?
Does “d/b/a” Really Make a Difference in UCC Filings? One of the most common — and most preventable — mistakes creditors make when creating a...