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503(b)(9) Claims Are No Match for UCC Filings

kalford April 1, 2019

503(b)(9) Claims Are No Match for UCC Filings
503(b)(9) claims are no match for UCC filings! In bankruptcy, a properly perfected security interest, in compliance with UCC Article 9, has priority over unsecured creditors, creditors with administrative claims, 503(b)(9) claims, and even consignment agreements.

What Is a UCC Termination and How to Avoid Costly Errors

Understand UCC Terminations, UCC-3 filings, who can terminate, and common errors that can wipe out security interests and payment priority.

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Serve Preliminary Notices via Certified Mail

We always recommends serving preliminary notices via certified mail with return receipt requested. The additional cost to add “return receipt” is significantly less than potential court costs & time...

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NetNow Partners with NCS Credit

NetNow and NCS Credit launch an integration that brings notice, waiver, and lien tools into one platform to improve efficiency and protect payment rights.

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