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Prepared by, recording requested by and return to:Above this Line for Official Use Only Name: Company: Address: City: State: Zip: Phone: Fax: CONTINUATION STATEMENTINDIVIDUAL (M.C.A. 713531(6)(d))COMES
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How to fill out continuation statement - individual

01
To fill out a continuation statement - individual, follow these steps:
02
Begin by obtaining the proper form, which may vary depending on your jurisdiction.
03
Fill in your personal information, such as your full legal name, address, and contact information.
04
Identify the security interest or lien that you wish to continue. Provide detailed information about the collateral, including its description and any relevant identifying numbers or codes.
05
Indicate the authority under which the original financing statement was filed. This may include the filing office and the date of filing.
06
Declare the period of time for which you wish to continue the effectiveness of the original financing statement. This can usually be done by specifying a date or a number of years.
07
Sign and date the continuation statement, acknowledging that the information provided is true and accurate.
08
Submit the completed form to the appropriate filing office along with any required fees.
09
Keep a copy of the continuation statement for your records.
10
Please note that these steps are just a general guide, and you should consult the specific instructions provided by your jurisdiction or seek legal advice if needed.

Who needs continuation statement - individual?

01
An individual may need a continuation statement if they have a security interest or lien that they wish to extend beyond the original expiration date. This can apply to various situations, such as personal loans, mortgages, or any other type of financing where a security interest was recorded. By filing a continuation statement, the individual ensures that their interest remains valid and enforceable for a longer period of time, providing them with continued protection in case of default or other related events. It is important to review the applicable laws and regulations in your jurisdiction to determine if a continuation statement is necessary in your specific circumstances.

What is Continuation Statement - Individual - Montana Form?

The Continuation Statement - Individual - Montana is a Word document needed to be submitted to the specific address to provide specific info. It needs to be filled-out and signed, which can be done manually in hard copy, or by using a particular solution such as PDFfiller. This tool allows to complete any PDF or Word document directly from your browser (no software requred), customize it depending on your needs and put a legally-binding e-signature. Right away after completion, user can easily send the Continuation Statement - Individual - Montana to the relevant receiver, or multiple ones via email or fax. The template is printable too because of PDFfiller feature and options presented for printing out adjustment. Both in digital and physical appearance, your form will have a organized and professional appearance. It's also possible to turn it into a template to use later, there's no need to create a new blank form over and over. You need just to customize the ready sample.

Instructions for the form Continuation Statement - Individual - Montana

When you are ready to start filling out the Continuation Statement - Individual - Montana fillable template, it is important to make clear all required information is prepared. This part is important, as far as errors and simple typos can result in unwanted consequences. It is really unpleasant and time-consuming to resubmit an entire template, not speaking about penalties resulted from blown due dates. Working with digits requires a lot of concentration. At first sight, there’s nothing challenging about it. However, there is nothing to make an error. Professionals recommend to record all the data and get it separately in a different file. Once you've got a sample, you can easily export it from the document. Anyway, all efforts should be made to provide actual and solid data. Check the information in your Continuation Statement - Individual - Montana form twice while filling out all necessary fields. You can use the editing tool in order to correct all mistakes if there remains any.

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A continuation statement for an individual is a legal document that extends the effectiveness of a previously filed financing statement regarding a secured transaction. It is used to maintain the priority of a security interest.
An individual who holds a security interest in property and wants to maintain its priority must file a continuation statement before the original financing statement expires.
To fill out a continuation statement, an individual should provide the information from the original financing statement, including the debtor's name, the secured party’s name, and a description of the collateral. The form must also indicate it is a continuation and include the filing date.
The purpose of a continuation statement for an individual is to preserve the validity and priority of the security interest in the collateral for an additional period, preventing it from lapsing or expiring.
The continuation statement must include the original financing statement details, such as the names of the debtor and secured party, the original filing number, the date of the original filing, and a description of the collateral.
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