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UCC FINANCING STATEMENTOffice of the Clerk Virginia State Corporation CommissionFOLLOW INSTRUCTIONSFiling Number: 202004080504580 Filing Date and Time: 04/08/2020 02:09 PM Total Number of Pages: 1
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How to fill out financing statement informationcircuit court
How to fill out financing statement informationcircuit court
01
Obtain the proper financing statement form from the circuit court office.
02
Fill out the debtor's information accurately, including their name and address.
03
Provide details about the secured party, including their name and address.
04
Include a description of the collateral that is being used as security for the financing agreement.
05
Sign and date the financing statement, ensuring all information is complete and accurate.
Who needs financing statement informationcircuit court?
01
Creditors who are providing financing to a debtor and want to establish a security interest in the debtor's collateral.
02
Businesses or individuals who want to ensure their rights to the collateral are protected in case the debtor defaults on the loan.
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What is financing statement information circuit court?
Financing statement information circuit court refers to a legal document that provides details about a loan or credit agreement secured by a specific piece of property, which is filed with the circuit court to establish a creditor's security interest in the property.
Who is required to file financing statement information circuit court?
Typically, creditors or lenders who provide a loan or credit secured by collateral are required to file financing statement information with the circuit court to publicly disclose their security interest in the property.
How to fill out financing statement information circuit court?
To fill out financing statement information for the circuit court, you will need to provide details about the debtor, the creditor, the collateral securing the debt, and any other relevant information specified by the court. It is important to ensure accuracy and completeness when filling out this document.
What is the purpose of financing statement information circuit court?
The purpose of financing statement information filed with the circuit court is to give notice to the public and other potential creditors about the security interest held by a creditor in specific property. This helps protect the creditor's rights and priorities in case the debtor defaults on the loan.
What information must be reported on financing statement information circuit court?
The financing statement information filed with the circuit court must include details about the debtor, the creditor, a description of the collateral securing the debt, and any other relevant information required by the court or the relevant laws.
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