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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:
UCC Financing Statements (11)
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Demand Letters and UCC Filings
What You Should Know about Demand Letters & UCC Filings The demand letter is often overlooked as a collection tool for UCC filers, but it can be a...
2 min read
The Benefit of UCC Filings
The Benefits of Secured Transactions and Article 9 of the Uniform Commercial Code The subjectivity in evaluating credit worthiness magnifies the need...
1 min read
Top 5 Mistakes in Security Agreements
UCC Filings: Top 5 Mistakes in Security Agreements In an earlier post we discussed the art of drafting a perfect security agreement and today we’d...
2 min read
Protect Your Consignment Sales
Protect Your Consignment Sales with UCC Filings If you allow customers to have possession of goods under a “consignment” agreement prior to the...
2 min read
Accurately Indexed UCC Filing
Accurately Indexed UCC Filing: Conduct a Reflective Search After Every UCC Filing Obtaining a reflective search is the best practice to make sure the...
3 min read
What is Subordination?
Avoiding Potential Pitfalls When Entering into a Subordination Agreement What is Subordination? Subordination is “the process by which a creditor...
3 min read
Debtor Name Errors in UCC Filings
The Impact of Debtor Name Errors in UCC Financing Statements Perfection of a security interest involves drafting and executing a sound security...
2 min read
Crafting a Perfect Security Agreement for Your UCC Filing
The Art of Drafting an Impeccable Security Agreement for Your UCC Filing Today we take a field trip to the Museum of Art and examine “Starry Night”...
1 min read
Customer Defaults? Your UCC Filing Can Help You Recover
How Do I Recover? Congratulations, you filed a UCC to position yourself as a secured creditor! Unfortunately, your customer has defaulted on...