You Filed a UCC. Your Customer Defaults. What's Next?
Companies default, it happens. Fortunately, you are a brilliant creditor who has filed a UCC to protect your receivable! But, what do you do now? In this infographic, we'll review steps you can take to collect on your receivable or repossess your goods.
How Secured Creditors Enforce Their Right to Recovery: What you’ll find in this download:
What you'll find in this article:
-
Your rights as a secured creditor
-
The role of a UCC demand letter
-
Understanding repossession
-
Resell the goods or leverage for payment
-
What to do if repossession isn't an option
Your status as a secured creditor gives you a distinct, powerful edge. Remember, with your UCC you can: repossess, resell, demand direct payment, and leverage your position for priority in cash. Download this article to learn more.
Lien Index Q3 2026
Lien Index Q3 2026 news: mechanic’s lien activity fell to 47, but bankruptcies, costs, and rates point the other way. See what it means for credit risk.
Colorado's New Lien Law: What it Means for Construction
Colorado's excessive mechanic's lien penalty just changed under SB26-074, with a good-faith safe harbor and new rules on disputed and delay costs.
How UCC Name Errors Become Bankruptcy Risk
Real world example: How a Texas bankruptcy court voided a $500,000 security interest in 2026 because of a single word error in the debtor's name. Here's what creditors need to know.