Complete Legal South Carolina UCC Forms For Free

The filing is good for five years. The security interest can be continued for five more years by filing a UCC-3. You may also need the UCC-1 Addendum (PDF) or the UCC-1 Additional Party (PDF) form. This form is used to continue a security interest that is going to lapse at the end of five years.

Fill in the debtor's name and mailing address. It may be an individual, or it may be in the name of a business or organization. If the loan is in the name of the business, include the business mailing address. There is space for additional debtors. Include them exactly as they appeared on the loan agreement.

Uniform Commercial Code Filings - General Information These public notices, called financing statements, indicate a commercial agreement between a debtor and a secured party. Financing statements are filed by banks, mortgage companies, and other lending institutions against secured collateral.

UCC-1F and UCC-3F Central Registry Filings UCC and Crop filing $35* Crop filing $20* Amendments, Continuations, Assignments $20* *These are flat fees. No additional charges are assessed for additional debtors and/or attachments.

A Uniform Commercial Code filing, also known as a UCC filing, is a document that lenders use to establish their legal right to assets that a borrower uses to secure a loan. This notice allows the lender to seize the borrower's collateral in the case of default.

They ensure your secured interest in a loan or lease, enabling you to stand at the front of the line of creditors should a debtor encounter financial difficulty or file bankruptcy during the life of your agreement. UCC-1s help you to mitigate risk and protect assets (collateral).