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How to Complete & File UCC-1 Financing Statements

Learn how to properly complete each section of the UCC-1 Financing Statement and where to file it for every type of consumer and commercial debtor situation.

Apr 17, 2018 02:00 PM   -­­  Apr 17, 2018 03:30 PM
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Type of Event
On Demand Webinar

Who Should Attend
  • On Demand
  • Webinars
  • Finance
  • Compliance

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Description

A UCC-1 Financing Statement is used by financial institutions to perfect security interests in non-titled, non-deeded collateral, otherwise known as personal property. Completing the UCC-1 form and determining the appropriate filing office can be tricky. An improperly completed or filed UCC-1 will result in loss of your institution’s perfected security interest. This webinar will explain how to properly complete each section of the UCC-1 Financing Statement and where to file it for every type of consumer and commercial debtor situation. You will also learn how to correct an inaccurate or improperly filed UCC-1.

Learning Objectives

  • Line-by-line review of the UCC-1 Financing Statement and explanation of how to complete each section
  • Review of the UCC-1 Addendum and when to use it
  • Proper description of collateral
  • Where to file for every type of consumer and commercial debtor
  • How to correct an inaccurate or improperly filed UCC-1

Speaker

Elizabeth Fast, JD, CPA, Spencer Fane, LLP

Download the brochure >>