Tag Archives: Secured transactions
Unauthorized UCC-1s: Lessons Learned from recent court cases
Be vigilant to defend against unauthorized UCC-1 filings. A UCC-1 can be filed without the debtor’s knowledge or authorization. Therefore, law firms, attorneys, and paralegals must be vigilant when conducting due diligence to ensure that unauthorized financing statements have not been filed against their clients. Unauthorized financing statements can cause significant issues with a… Finish Reading Unauthorized UCC-1s: Lessons Learned from recent court cases