When a debtor defaults, knowing what remedies are available under UCC Article 9 is essential to protect your security interests and effectively enforce your rights. This webinar walks through the key steps and legal rights you can exercise once a default occurs, including repossession, collection, enforcement, and disposition of collateral.
How default is defined and triggered: What constitutes a default and how your security agreement affects your rights
Primary remedies available: Repossession, direct collection, and enforcement options under Article 9
Collateral disposition and compliance: Notice requirements and how to properly dispose of or retain collateral after default
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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.