Top 5 Reasons You Should File UCCs
Top 5 Reasons You Should File UCCs If reducing your DSO, mitigating your risk and improving working capital aren’t reason enough to file UCCs, I’ve...
UCC Financing Statements (7)
There’s No Ice Cream in Bankruptcy. Wait, What?!
There’s No Ice Cream in Bankruptcy. Wait, What?! In bankruptcy, we frequently hear terms like preference payment, claw back, and new value. What do...
Blanket UCC Filings & Your Frequently Asked Questions
Blanket UCC Filings & Your Frequently Asked Questions What is a Blanket UCC Filing? A Blanket UCC filing is a security interest in all the assets of...
UCCs Have Priority Over 503(b)(9) Claims
503(b)(9) Claims & Consignment Agreements are No Match for Properly Perfected UCCs Businesses file for bankruptcy protection; it is an unfortunate...
UCC-1 Collateral Description Reference Security Agreement
What Happens When a UCC-1 Collateral Description References the Security Agreement, but the Security Agreement Isn’t Attached? What happens to a...
Perfecting UCC Collateral Descriptions
Perfectly Imperfect Collateral Descriptions within Your UCC Financing Statement: It’s a Delicate Balance. A properly perfected security interest is...
UCC Filings, Key Words and Common Terms
A Review of Key Words and Common Terms Related to UCC Filings In the spirit of “back-to-school,” today’s post is a UCC Article 9 vocabulary lesson....
Name Change Could Jeopardize Your Security Interest
Be Careful, Your Security Interest May Be in Jeopardy if Your Customer’s Name Changes The accuracy of critical data within your UCC Financing...
Unsecured Creditors in Retail Bankruptcy Lose Out
The Importance of Being a Secured Creditor in Today’s Retail Climate In today’s highly credit-based economy, the looming threat of debtor bankruptcy...
UCC Filing Collateral Descriptions and Interpreting “And All”
UCC Filing Collateral Descriptions and Interpreting “And All” – With a Dab of Fixture Filings The U.S. Bankruptcy Court in Missouri recently...