0
Is a bank security interest attached if the financing statement has not been filed?
Wiki User
∙ 11y ago
It depends on your financial institution. Some tack it on like escrow. The one I work at is upfront.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What is a ucc-1 security interest?
An associate has filed UCC-1 Financing Statement against the state of Colorado. The associate has informed me that his UCC-1 Financing Statement has matured into securities. My question is two part: A) Is that possible? B) Can that security be sold through a broker in this or any other country?
What are the three ways a security interest is attached?
A Sexual Bisecual And Homosexual
What happens when two secured parties claim security interests in the same collateral?
When there are two secured parties claiming security interest in the same collateral, the creditor that is perfected (having filed a financing statement) will have priority over the interests of an unsecured creditor or unperfected secured party
Where does security premium come in cash flow statement?
Security premium is part of cash flow from financing activities
Who sends out the 1098 tax form?
Form 1098 [Mortgage Interest Statement] is sent by those who are engaged in a trade or business. In the course of this trade or business, they receive from any individual $600 or more of mortgage interest on any one mortgage during the calendar year. For example, a governmental agency receiving $600 or more in mortgage interest from any individual would be required to send Form 1098 to that individual. Another example would be a real estate developer who provides financing to an individual to buy a home in the developer's subdivision and that home is security for the financing.
How do you perfect a security interest in a life insurance policy?
Filing a financing statement on the policy is not required. Revised Article 9 does not apply to security interests in life insurance policies. See Revised Art. 9, Section 9-109(d)(8). The security interest in the policy is perfected by filing the assignment with the insurance company. OCU Law Professor Alvin Harrell, in his book "The Law of Personal Property Secured Transactions," suggests that "it may also be desirable to obtain possession of the policy itself."
May you have your social security statement?
Please may I have my social security statement.
Does the government charge interest on SSI debts?
The Social Security Administration does not charge interest on a Supplemental Security Income overpayment.
Where can one seek mortgage financing in Boston?
Companies that provide mortgage financing are widely available in the city of Boston. Among the companies providing this service are Zillow, Security First, and Arbor.
How do you get second chance auto financing?
I love the spin doctor language used by some car dealers."Second Chance Auto Financing" is also known as sub-prime lending. Companies that make these loans require additional security such as a GPS tracking system installed on the car that you pay for and very high interest rates.You should avoid this type of loan if at all possible.The loan cost is literally as high as the law will allow and often there are additional fees.If you want this type financing virtually all dealers have a finance person who specialises in this type of financing.
What has the author Corinne Thomason written?
Corinne Thomason has written: 'Social security and the financing of community care'
How do you perfect a security interest in a negotiable instrument?
under ucc u make a security interest perfected by control. under article 9 of ucc.
