Risk Management Blog

UCC & Corporate Due Diligence

Resource Guide for Legal and Financial Professionals

UCC Filing Mistakes To Avoid And Other Potential Filing Issues

UCC

When filing UCCs, you’re looking to perfect your security interest while avoiding rejections, but things can go wrong. You can follow proper procedures and still things can go wrong resulting in rejected filings, security interests that are not perfected, and more.

Nevertheless, of course you should follow proper procedures. To learn more about them, check out this 30-minute webinar An Insider’s Guide To Avoiding UCC Filing Mistakes. This presentation, designed for beginner-level UCC filers, discusses errors that can result in rejections as well as those that make it into the public record only to be discovered in the event of a competing claim.

Another important aspect to understand clearly is what a Secured Party is responsible for. You can learn more about that here Secured Party vs. Filing Officer Responsibilities.

But while rejected UCC filings can be costly and inconvenient, ones accepted with errors can be even more dangerous. Learn more about this by downloading the reference guide Rejected UCC Filings vs. UCC Filings Accepted With Errors.

Still another potential issue is UCCs with missing attachments. Learn more about it by downloading our reference guide UCC Filings With Missing Attachments Pose Risks To Secured Parties.

What do you think? Do you have questions or comments? Contact us today. You can learn more about FCS’ Online UCC Portfolio Manager, designed to take the headaches out of your UCC/lien searching and filing processes to help you avoid some of the potential problems discussed above.

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