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Article 9 of the Uniform Commercial Code provides an opportunity for trade creditors to secure goods and/or accounts receivable by leveraging the personal property assets of their customer. A properly …
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Personal Guarantees are common in credit. However, Personal Guarantees may not be enough. Download this flipbook to learn more about how UCC filings can enhance Personal Guarantees.
Download this flipbook to learn more about the financial risks suppliers face when bankruptcies hit the healthcare industry and what you should do to protect your company.
It comes as no surprise that with the 5 year anniversary of the implementation of the 2010 Amendments, we begin to see cases where courts are called on to determine …
Demand Letters are a great tool for your Credit-Management-Arsenal; they can expedite payment, allow you to maintain control of your collection process and save you money! Need a sample demand …
Are you supplying goods, equipment or services to the foodservice, beverage or hospitality industries? Download this quick flipbook to learn more about how UCC filings can reduce your credit risk. …
If you allow customers to possess goods under a consignment agreement, prior to the actual sale, you are at a risk of losing your rights to those goods! Click here …
The restaurant, beverage and hospitality industries are massive. The National Restaurant Association projected that commercial restaurant services sales would reach $783 billion by the end of 2016, which is about …
Article 9 of the Uniform Commercial Code provides an opportunity for trade creditors, like you, to secure your goods by utilizing the personal property assets of your customer. Click here …
The proper spelling of a debtor’s name on a UCC Financing Statement is a fervently litigated issue. The UCC Article 9 registry system is designed to permit creditors to make …
Extending credit is inherently risky, which is why credit professionals take appropriate steps to qualify customers. Credit professionals should not overlook the immense value of a properly perfected UCC filing. …
Author, Peter Mills, Special Counsel at Thomson Geer Lawyers Many creditors (often being sellers or consignors of goods) register a UCC-1 Financing Statement under U.C.C. Article 9 (called “Article 9”) …
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