A Properly Perfected PMSI & the Importance of a Timely UCC Filing

When the required steps are met, a Purchase Money Security Interest (PMSI) can give a creditor a first or priority security interest in the goods, even if other secured parties hold prior perfected security interests in the same collateral.

Download this infographic and learn what should be included in your PMSI filing, when it should be filed, and how to protect yourself from the bankruptcy preference period.

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