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COLLATERAL NO MORE: MAKING PADILLA WORK FOR YOUR CLIENTS Friday, May 11, 2012, Location: Meeting Room, 2nd Floor Buffalo & Erie Co. Public Library, 1 Lafayette Square Program Time: 1:30 p.m. to 3:30
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Collateral no more making refers to the process of removing any security interest or lien on a property or asset.
The individual or entity who originally filed the security interest or lien is required to file collateral no more making.
Collateral no more making can typically be filled out using a specific form provided by the relevant authority or agency.
The purpose of collateral no more making is to officially release the security interest or lien on a property or asset.
The collateral no more making form usually requires information such as the property or asset details, the original security interest or lien, and the reason for removal.
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