UCC Filing: Right of Repossession Without a Breach
Your UCC Filing Provides You with the Right of Repossession, Just Make Sure You Don’t Breach the Pizza, Er… the Peace.
UCC Financing Statements (5)
Equipment UCC Filings Best Practices
Selling Equipment? Here’s Our Best Practices for Equipment UCC Filings Purchase Money Security Interest (PMSI) Filings were created to encourage...
Your Credit-Granting Processes & COVID-19
The Impact of COVID-19 on Your Credit-Granting Processes We recently asked our clients whether the COVID-19 pandemic is impacting their...
What Happens if You List the Wrong Debtor Name in Kansas?
The Accuracy of the Debtor’s Name Is a BIG Deal Filing UCCs may seem simple. I often hear folks say “Meh, it’s no big deal. I just gotta fill in the...
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...
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...