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...
UCC Financing Statements (3)
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...
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...
UCC-3: Continuation, Amendment, Assignment, or Termination
What Is a UCC-3 Filing? Have you filed a UCC-1 to secure your interest in certain collateral? Well, if you have and you need to continue, amend,...