There are two types of UCC filings that creditors can file: Specific collateral lien. With this type of lien, the creditor is only laying claim to a specific asset. For example, if you get an ...
Everything seems good until your buyer calls and says they did a Uniform Commercial Code search, which turned up a lien. As a result, they end up backing out of the deal. You're left wondering how ...
For many of our clients, the amendments are a non-event. For clients who file UCC financing statements, judgments or statutory lien notices with a UCC division of a Secretary of State, however ...