Description: Wyoming UCC-1 for Personal Credit is a legal document filed to establish a creditor's interest in personal property as collateral against a loan or a credit transaction. The Uniform Commercial Code (UCC) governs transactions involving personal property, and UCC-1 filings are essential for protecting the rights of lenders and securing debts. UCC-1 filings in Wyoming provide valuable information about the borrower's personal property assets and their encumbrances. These filings create a public record, helping potential lenders assess a borrower's creditworthiness and determine if any existing liens or claims against the collateral exist. Types of Wyoming UCC-1 for Personal Credit: 1. General UCC-1: A general UCC-1 filing is used to secure a loan or credit transaction involving multiple types of personal property assets. It covers a broad range of collateral, including inventory, equipment, receivables, and other movable assets. 2. Specific UCC-1: A specific UCC-1 filing is used when a creditor wants to secure a loan or a credit transaction using specific types of personal property assets as collateral. This type of filing is more targeted and focuses on a particular asset or group of assets. 3. Fixture Filing: In addition to personal property, Wyoming UCC-1 also allows for the filing of liens against fixtures. Fixtures refer to property that was initially personal but has become attached or affixed to real estate. 4. Amendment UCC-1: An amendment UCC-1 filing is used to make changes or updates to an existing UCC-1 filing. It ensures accuracy and reflects any modifications or corrections related to the debtor's information or the collateral description. Keywords: Wyoming UCC-1 for Personal Credit, legal document, creditor's interest, personal property, collateral, loan, credit transaction, Uniform Commercial Code, UCC-1 filing, protecting rights, securing debts, public record, creditworthiness, liens, general UCC-1, specific UCC-1, fixture filing, amendment UCC-1.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.