Demystifying UCC-1 Filings: A Comprehensive Guide to Secured
https://www.supermoney.com/encyclopedia/ucc-1
WEBMar 26, 2024 · Summary: A UCC-1 statement, short for Uniform Commercial Code-1 statement, is a crucial legal document filed by creditors to assert their rights over a debtor’s personal property in case of loan default. This article delves into the intricacies of UCC-1 statements, their significance, types, and how they impact credit scores.
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