What is UCC 2-714? There are several sections in Article 2 of the Uniform Commercial Code, and one of those is UCC 2-714. This area deals with the Buyer’s Damages for Breach in Regard to Accepted Goods, a valuable asset to the buying party in any contracted deal working with tangible...
A UCC filing, also known as a UCC lien or a UCC-1, is a financing statement which lenders can file against your business with your secretary of state. When you take out a secured loan, the lender may file a lien to protect the asset(s) you committed to secure financing. This might...
A UCC filing is the official notice that lenders use to demonstrate their security interest in a borrower’s assets.
ASETRAD ASETS ASETT ASETTS ASEU ASEUCC ASEV ASEVA ASEW ASEWS ASEWU ASEX ASEYS ASEZ ASEZA ASF ASF1 ASFA ASFAA ASFAC ASFAP ASFAR ASFB ASFC ASFCU ASFD ASFDA ASFDE ASFE ASFEC ASFEDIA ASFF ASFFR ASFG ASFGB ASFH ASFHIS
A UCC filing, or UCC lien, is a part of that collection of laws that refers to a kind of temporary claim which a lender may place on certain assets. When you borrow from a lender, they may decide to place a UCC-1 lien on your property and, in exchange, provide you with a loan ...
Here are several specific reasons why UCC 9-310 is important: Protects the Rights of Debtors UCC 9-310 provides a mechanism for debtors to remove liens or security interests from their property once they have fulfilled their obligations to the creditor. This protection ensures that debtors regain...
It is a form of debt relief that enables individuals to have their debts frozen and ultimately discharged after a specific period, typically 12 months. It is an alternative to bankruptcy and can be a viable option for those who cannot afford to pay off their debts. The main objective of a...
Touring bike buying advice is a popular topic, so I update this post regularly to keep the details current. If you find any out-of-date information, consider leaving a comment to let me know. Thanks! Choosing a new touring bike can be pretty stressful for a newcomer to cycle touring –...
A secured loan is a type of debt that requires collateral, such as a car or investment account. Mortgages, auto loans and secured personal loans are all secured loans.
Learn the guarantor definition in relation to contract law, what a guarantor agreement is, and see an example of a guarantor contract.