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:
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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.
Healthcare Bankruptcies Are Rising: A Risk to Suppliers
Healthcare bankruptcies are up 300%+ since 2010. See what unsecured creditors really recover — and how a UCC filing changes the outcome. Free download.
Full vs. Unpaid Balance Lien States Explained
Learn how full price and unpaid balance lien states affect your mechanic's lien rights as a subcontractor or supplier - and how to protect them.
Mechanic's Lien Recovery by State: Full Balance vs. Unpaid Balance
Download this resource to see which states are full pay vs. unpaid balance lien states, and learn why timing your mechanic's lien filing matters.