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...
UCC Financing Statements (3)
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...
Importance of Writing Effective UCC Collateral Descriptions
Avoid Being Too Specific or Too Vague in UCC Descriptions of Collateral The Case: IN RE PROVIDERX OF GRAPEVINE, LLC – BANKR. COURT, ND TEXAS, 2013.
Protect Your Purchase Money Security Interest in Goods
What is a Purchase Money Security Interest (PMSI)? Section 9-103 of the UCC defines a PMSI as a security interest in goods that are collateral for an...
Four Reasons We Love UCC Filings
Here Are 4 Reasons We Love UCC Filings We LOVE UCC filings and here are four reasons why you should love them too!
Safe Harbor Might Save One Creditor’s UCC Filing
Hazardous Intersection of Seriously Misleading, Article 9-503(a), Due Diligence, and Safe Harbor; The Fate of One Creditor’s UCC Filing In Florida, a...
What Is a UCC-3 Filing and Why Should You File One?
What Is a UCC-3 Filing and Why Should You File One? Have you filed a UCC-1 to secure your interest in certain collateral? Well, if you have and you...
Security Interest Survives Crazy Collateral Transfers
Bank’s Security Interest Survives Crazy Collateral Transfers; UCC Filing for the Win It’s a great day to read about a UCC success story! The secured...
Is the Lien Consensual or Statutory?
What’s the Difference between Consensual and Statutory Liens? In commercial credit, creditors have an opportunity to secure accounts receivable by...
Compliance with UCC 9-503(a) when Filing UCC in Georgia
Filing a UCC in Georgia? Make Sure You Correctly Identify the Debtor because Georgia Takes “Seriously Misleading” Seriously. Compliance with UCC...