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Learn From JP Morgan’sBillion Dollar UCC Mistake
How Their UCC Filing Blunder Can Make You a Better Credit Manager By now you have likely read thousands of articles and heard just as many news...
Bankruptcy (6)
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Expected Payment and Expiring Lien Deadlines
“I’m not going to file a mechanic’s lien, my customer says he is going to pay me by the end of the week.”
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Creditor’s UCC Collateral Description Mistake
Creditor’s OMEGA Mistake Started with the Collateral Description in Its UCC Filing In Omega Optical, Inc. 476 B.R. 157 (Bankr. E.D.Pa. 2012)...
1 min read
Is Art Worth More if a UCC-1 is Never Filed
Is Art Worth More if a UCC-1 is Never Filed? Is art worth more if the UCC-1 was never filed? Yes, I’m asking the hard hitting questions of our time....
2 min read
Lien Waiver Language: Conditional
Lien Waiver Language Part 1: Conditional Lien Waivers We’ve previously discussed the 4 primary types of lien waivers; today we’d like to discuss...
1 min read
Leverage Your UCC Filing in the Collection Process
Leverage Your UCC Filing in the Collection Process The collections process is not a “desired” process. By desired, I mean, no one actually wants to...
2 min read
Supply House? You Can Use the UCC to Get Paid
Supply House? You Can Use the UCC to Get Paid By John Allen Waldrop III, Commercial Lawyer
3 min read
Hip Hop and Credit Management
Hip Hop & Credit Management: Advice to Credit Professionals in 30 Seconds Several years ago, I was given the opportunity to view a documentary,...
1 min read
RUG: Secured Transactions in Mexico
Secure Your Receivables in Mexico via the RUG Historically, Mexican companies have had difficulty securing financing from foreign banks, primarily...
2 min read
The Importance of Filing Your PMSI Timely
The Importance of Filing Your PMSI Timely: When is a Purchase Money Security Interest (PMSI) Perfected? A PMSI is considered fully perfected once you: