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 ...

Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. Jared Ecker is a researcher and fact-checker. He ...

As a small-business owner, obtaining capital to build your business is a top priority. But when you get a loan, you may notice something new on your credit reports in addition to the credit account: a ...

The Uniform Commercial Code was published in 1952 after approval from the American Law Institute, the National Conference of Commissioners on Uniform State Law, the House of Delegates and the American ...

The Uniform Commercial Code, or UCC, is a set of legal rules created by the National Conference of Commissioners on Uniform State Laws and the American Law Institute that help define and guide ...

In perhaps one of the first decisions applying the recent amendment to Uniform Commercial Code Section 9-503 regarding the correct name for an individual to be used on a UCC-1 financing statement, an ...