What Is a Bankruptcy Proof of Claim?
A bankruptcy proof of claim is a formal document that allows a creditor to assert a right to payment in a bankruptcy case. It identifies how much is...
Bankruptcy
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...
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 &...
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...
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...
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...
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...
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...
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...
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...