You Filed a UCC. Your Customer Defaults. What's Next?
How Secured Creditors Enforce Their Right to Recovery
What you'll find in this article:
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Your rights as a secured creditor
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The role of a UCC demand letter
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Understanding repossession
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Resell the goods or leverage for payment
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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.
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.
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...
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.