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”...
UCC Financing Statements (12)
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...
Articles of Incorporation: Not Just for Name Verification
Articles of Incorporation: Not Just for Name Verification Do you know that if your customer changes their name you must amend your UCC filing or your...
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...
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...
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...
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!