0
Do you need to file UCC amendment if secured party name changes?
Wiki User
∙ 12y ago
There is no statutory (UCC) requirement for an amendment to reflect a secured party's name change, so long as the secured party's contact address has not also changed. The purpose of the financing statement system under Article 9 is to give "notice" and even though the name of the creditor may have changed, so long as an inquiring person can find the creditor through its address and learn about the existence of the underlying security interest claim, then the purpose of the UCC is satisfied. See the Kansas case of Turnbull Oil v. N-B Co. for a good description of this issue. Although the case is under the prior version of Article 9, its rational is sound in finding no requirement to amend for a secured party name change.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
Who can file a bigamy case in the Philippines penal system?
In the Philippines, any spouse or interested party can file a bigamy case against an individual who is legally married to one person and enters into a second marriage. The offended party, the spouse in the first marriage, must provide evidence of the existing marriage and the subsequent bigamous marriage. Upon filing the case in court, the legal process will follow to determine the guilt or innocence of the accused.
Can a Judge make a judgment of ownership without a trial?
Yes, it happens quite frequently. If the judge holds a hearing at which both sides present their evidence, information and documentation, if it is clear, under the law, which party is the prevailing party, the judge can render a legally binding decision. If you do not agree you may file an appeal to the judge's decision.
Can a lawyer or party object to a particular judge hearing a case?
Yes, a party can file a "motion to recuse" a judge if they believe the judge is biased or there is a conflict of interest. The decision to recuse the judge is typically made by another judge.
How do you file a competency hearing?
You cannot file a hearing. You file a motion to request a competency hearing. To do this, you draft a motion with the appropriate facts and law, and file it with the court hearing the underlying case.
What would a non litigant group or individual that wants to attempt to influence the court in a particular case file?
A non-litigant group or individual can typically file an amicus curiae ("friend of the court") brief to provide additional insights or perspectives on the case to help inform the court's decision-making process. This brief allows them to present their arguments or relevant information for consideration by the court, even though they are not a party to the case.
Debtor Request for Certified Statement from Secured Party?
Debtor Request for Certified Statement from Secured Party(Download)TO: ____________________________________________________________________________________________________________Attention: __________________FROM: __________________________________________________________________________________________________________Attention: __________________Dated: ___________________________Pursuant to Section 9-208 of the Uniform Security Code, ____________________, as debtor, requests that the Secured Party, __________________________, provide:A statement of account, indicating the aggregate amount of unpaid indebtedness as of _______________________. Approval of the following statement of collateral as constituting a correct statement of the collateral claimed by Secured Party as of ______________________.See Exhibit "1" to this form.The statement above is (check one):__ Accepted as correct__ Incorrect, our corrections or response are attached heretoDated: ____________________________________________________________, by:___________________________________________________An Authorized OfficerTitle: ____________________________________________________________________, by:__________________________________________________An Authorized OfficerTitle: _____________________________________Debtor Request for Certified Statement from Secured PartyReview ListThis review list is provided to inform you about this document in question and assist you in its preparation. This is request from a debtor to secured party to certify the exact amount then due from debtor. This is useful for a variety of reasons, among them for the benefits of your financial statements and your auditors, should you have them.1. Make multiple copies. Put one in your financial file, another in the secured partys file, and the other in a follow-up file.
how can I file an amendment to my 2010 tax return.?
how can I file an amendment to my 2010 tax return?
Why is an NTFS partition more secured than FAT32?
NTFS (New Technology File System ) prevents changes from unauthorized users and prevents them from reading data from a computer.NTFS (New Technology File System) automatically encryptsfiles.
Security Agreement?
Security Agreement(Download)_____________________, referred to herein as SECURED PARTY, and _____________________, referred to as DEBTOR, agree:______________, DEBTOR, grants a security interest in the following property to ____________, SECURED PARTY:This security agreement is made to secure an indebtedness of ______________ to _______________, described as follows:A _______________, in the original principal amount of $ ______, ____________ &___/100 Dollars) dated _______________.This security interest is also given to secure any other debts which may be owed by ______________ to ____________ from time to time.DEBTOR warrants to SECURED PARTY that the property in which a security interest is granted is subject to no other liens, charges or encumbrances and that there are no financing statements or other lien notices on file regarding debtor that might create a lien on the property secured herein.DEBTOR shall maintain the collateral in good repair, ordinary wear and tear excepted, and shall insure the same for its full value. DEBTOR shall provide to secured party certificates of insurance. SECURED PARTY shall be named as a loss payee on a long form standard loss payable clause. Should DEBTOR fail to maintain such coverage, SECURED PARTY may obtain the same and DEBTOR shall pay SECURED PARTY for the same, together with interest at the highest legal rate on the amounts advanced by the SECURED PARTY.Upon default, as is defined herein, SECURED PARTY shall have all of the rights given to a secured party under the Uniform Commercial Code, Article 9.Default shall be defined as:1. Any failure to comply with any covenant of the indebtedness secured by this agreement, including but not limited to a failure to timely pay as provided;2. The entry of a judgment, tax lien or other charge against the DEBTOR which is not satisfied or superseded within thirty days of inception;3. Such other commercially reasonably reason that leads SECURED PARTY to believe that its security is in peril.DEBTOR shall execute any and all financing statements or other documents which are requested by SECURED PARTY and which SECURED PARTY determines is necessary to perfect SECURED PARTYS LIEN.DEBTOR appoints SECURED PARTY agent as its agent to file and any and all financing statements which may be necessary or required to perfect SECURED PARTYs security interest, and DEBTOR authorizes SECURED PARTY to execute the same for DEBTOR.This document represents the entire agreement between the parties, and there are no agreements or representations which are not stated herein. This agreement may not be modified unless it is in writing and signed by both parties.Dated: ________________________For ____________, SECURED PARTY:________________________________________________________________For ______________, DEBTOR:________________________________________________________________Security AgreementReview ListThis review list is provided to inform you about this document in question and assist you in its preparation. This is a straightforward security agreement to provide a creditor with collateral to secure the loan to debtor.1. Make multiple copies. Each signatory should receive a copy. Be sure a copy is in the file of the actual transaction.
How do you open secured MS Access file without password?
If you do not have the password, then you will not be able to open the file.
Which amendment deadline to file your federal income tax return?
You have 3 years from the tax deadline to file an amendment for that year. For example, the tax deadline to file your 2009 taxes is April 15, 2010. You have until April 15, 2013 to file an amendment for that year.
What is making changes to an existing file called?
Making changes to an existing file is called file editing.
How does file security of windows 98 and XP work?
In windows 98 there is no security but u can secure your 98 window by installing third party software and windows xp secured if u choose ntfs partitiion
What are the advantage of file manage ment system?
Advantage Of file management system is that the data is secured . Also The data is archieved if is not used.
When a debtor enters bankruptcy a secured creator retains priority to the secured assets unless it files a proof of claim for the full amount owed?
Actually, a secured creditor only retains priority if they file a claim.
Can i file a secured proof of claim on an nsf check?
If the check was to pay for an item (generally property like a car) you have alien or such against...an NSF check by itself is not a secured debt.
Can you file for bankruptcy after the condo assn files for past due assessment fees?
Of course you can. In most states, condo fees become liens on the condo, so a secured debt. You would have to file a C. 13 and plan to pay off the arrears as a secured debt.
