Results 1 to 12 of 12
Hybrid View
-
04-17-2013, 10:04 AM #1Senior Member
Reputation points: 3217
- Join Date
- Apr 2013
- Location
- New York
- Posts
- 644
Does anyone even File UCC's anymore?
-
04-17-2013, 10:09 AM #2A forum user
Reputation points: 2147483647
- Join Date
- Aug 2012
- Location
- New York City
- Posts
- 1,882
Of course they do, but there is a greater tendency these days to use a shell corp for filing so that UCC hunters don't find them. Also, some UCC Filing companies will actually put themselves down as the secured party for a fee and then sign some backwards contract with the funder where they are the designated agent of the real secured party. That really throws UCC hunters off but it also confuses the heck out of competing underwriters, competing funders, and lawyers.
Originally Posted by CO1
Reply With Quote
