Personal Guarantee Enhanced by UCC Filing
Did You Know a UCC Filing Enhances a Personal Guarantee? A personal guarantee (PG) is an individual’s legal promise to repay credit issued to a...
UCC Financing Statements (5)
Your Credit Management Arsenal & COVID-19
COVID-19 and Your Credit Management Arsenal If you extend credit, you are vulnerable to risk — whether furnishing to a single construction project or...
UCC Collateral Description: What You Should Include
What Should You Include in Your UCC Collateral Description? A perfected security interest is nothing without a collateral description. A properly...
Commercial Credit Management Tips for UCCs
10 Tips for Commercial Credit Management of UCC Filings It’s part two of our three-part series of Commercial Credit Management Tips from NCS....
It’s A 180 On The 180 Equipment, LLC Decision
It’s A 180 On The 180 Equipment, LLC Decision: The Collateral Description of “See Attached” An Illinois Court of Appeals has reversed the Bankruptcy...
Avoiding UCC Filing Pitfalls: Name Accuracy Tips
How to List the Individual’s Name I can’t begin to tell you the number of times I have said or written some variation of “… when filing a UCC, always...
Furnishing Labor and Performing Labor Are Different
According to Oklahoma Court of Appeals, Furnishing Labor and Performing Labor Are Different An Oklahoma Court of Appeals has determined mechanic’s...
Selling Fuel on Consignment? Don’t Forget to File a UCC!
In Bankruptcy, Who Has Priority Over the Proceeds from Consigned Goods? Depends on Whether the Consignment is Governed by UCC Article 9 Selling Fuel...
Unraveling the Mystery of Misleading UCC Filings
Georgia Bankruptcy Court deemed creditor’s UCC filing misleading Who enjoys a good ol’ mystery game? Today’s mystery is why a Georgia Bankruptcy...
Always Perform A Reflective UCC Search
Always Perform a Reflective UCC Search: Especially on Your Recent Pennsylvania UCC Filings with Attachments You should always perform a reflective...