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what does a person become ( he/she ) after filing for a ucc and what will he/she be recognized as ? ( Borrower/ Lendor )?

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16y ago
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Chiefton Dey

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The first lien holder!

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Q: Who are you if you file for ucc?
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Related questions

Why file a ucc-1?

Where do we send UCC-1 claims from Saskatchewan, Canada. What state will it take? File in Canada in your province of jurisdiction, a Personal Property Security Agreement ("PPSA") which is similar to Article 9 of the US Uniform Commercial Code (the "UCC")


Does the ucc-1 expire or does the institution have to file a ucc-3?

Yes it expires 5 years from the filing date. Within 6 months of the expiration date the institution can file a UCC-3 continuation to continue the filing for another 5 years.


Can you file a ucc-1 before a security agreement is signed?

Its not recommended. You should sign the security agreement and have it notarized prior to filing your ucc 1


Can a real property owner file a UCC1 for their deposit on the property that is about to go into foreclosure?

Yes You can file a UCC-1 Statement for property


How does the UCC make filing easier?

The UCC is also knows the Uniform Commercial Code. They deal with laws regarding sales and commercial transactions in the United States. The UCC has streamlined its filing process by now allowing you to search for debtors, and file all online.


Can a company file a UCC-1 on your property without your knowledge?

You would have knowledge of a valid UCC since you would need to sign it.You would have knowledge of a valid UCC since you would need to sign it.You would have knowledge of a valid UCC since you would need to sign it.You would have knowledge of a valid UCC since you would need to sign it.


When was UCC Demons created?

UCC Demons was created in 1966.


Can you bypass your State and file UCC 1 in Washington DC?

No. According to a conversation with CT Services (a leading UCC submittal firm), all transactions must go through a state office.The International Association of Commercial Administrators has a list of filing offices (see Related Links).


When was UCC Students' Union created?

UCC Students' Union was created in 1973.


What is UCC 1-103 1-308?

what is UCC 1-103 1-308


When was UCC Ueshima Coffee Co. created?

UCC Ueshima Coffee Co. was created in 1933.


When was Unified Code Count - UCC - created?

Unified Code Count - UCC - was created in 2009.