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UCC FINANCING STATEMENT FOLLOW INSTRUCTIONS A. NAME & PHONE OF CONTACT AT FILER (optional)Date of Filing : 11/14/2017 Time of Filing : 02:37:00 AM File Number : 201731863920 Lapse Date : NONE Mayer

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How to fill out ucc financing statement

01

Obtain the correct UCC financing statement form, which can typically be found on the website of the state's secretary of state.

02

Fill in the debtor's name and address in the appropriate fields.

03

Include a description of the collateral being used to secure the loan.

04

Enter the name and address of the secured party or creditor.

05

Sign and date the UCC financing statement in the designated fields.

06

File the completed form with the appropriate state agency, along with any required fees.

Who needs ucc financing statement?

01

Businesses that extend credit to customers and want to secure their interests in the collateral provided by the debtor.

02

Creditors who want to establish priority over other creditors in case the debtor defaults on the loan.

03

Lenders who want to ensure they have a legal right to repossess and sell collateral in case of default.

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What is ucc financing statement?

The UCC financing statement is a legal form that a creditor files to give notice that it has a security interest in the personal property of a debtor.

Who is required to file ucc financing statement?

Creditors who extended credit to a debtor in exchange for collateral are required to file a UCC financing statement.

How to fill out ucc financing statement?

To fill out a UCC financing statement, you must provide information about the debtor, the creditor, the collateral, and any relevant security agreements.

What is the purpose of ucc financing statement?

The purpose of a UCC financing statement is to provide public notice of a creditor's security interest in a debtor's personal property.

What information must be reported on ucc financing statement?

The UCC financing statement must include the names and addresses of the debtor and creditor, a description of the collateral, and any relevant security agreements.

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