Andrew Bloomenthal has 20+ years of editorial experience as a financial journalist and as a financial services marketing writer. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society ...

UCC-1 Financing Statements, commonly referred to as simply UCC-1 filings, are used by lenders to announce their rights to collateral or liens on secured loans. They're usually filed by lenders with ...

UCC filings are a common practice lenders use to secure a business loan, but it’s important you understand how they work and their repercussions. UCC filings are documents filed by lenders to indicate ...

The 2022 UCC updates, effective June 3 in New York, modernize laws for digital assets. They introduce Controllable Electronic Records (CERs), allowing secured parties to perfect interests through ...

Overview: Even minor debtor name mistakes can create meaningful UCC filing risk. Case sensitivity in the debtor name is generally not the main issue, but debtor name accuracy matters. In addition, ...