This is the "National UCC Finanacing Statement," and it is an American Lawyer Media form. It contains an acknowledgement copy, a debtor copy, a search request copy, and the secured party's copy.
Queens, New York UCC Financing Statement is a legal document filed to provide notice of a secured party's interest in personal property located in Queens, New York. This statement is governed by the Uniform Commercial Code (UCC), which is a set of laws that standardize commercial transactions across the United States. The Queens, New York UCC Financing Statement serves as a public record that allows interested parties, such as potential creditors, to determine any existing liens or encumbrances on personal property held by a debtor. It ensures transparency and helps protect the rights of both lenders and borrowers involved in financial transactions. This statement typically includes various essential pieces of information, such as: 1. Debtor's Information: The name and address of the person or entity responsible for repaying the debt secured by the property. 2. Secured Party's Information: The name and address of the lender or person/entity extending the credit or loan. This party is often referred to as the secured party or the creditor. 3. Collateral Description: A detailed description of the personal property being used as collateral to secure the debt. This includes specific identifying information, such as make, model, serial number (if applicable), and any other relevant details that adequately identify the property. 4. Filing Information: The document usually requires information about where and how it should be filed, including the name and contact details of the filing office, specific filing fees, and any additional requirements. Different types of UCC Financing Statements can be filed in Queens, New York, depending on the nature of the transaction. Some common variations include: 1. UCC-1 Financing Statement: This is the most common type of financing statement filed to establish a creditor's interest in personal property. It covers a wide range of collateral, including equipment, inventory, and other movable assets. 2. UCC-3 Financing Statement Amendment: This type of statement is filed to make changes or amendments to a previously filed UCC-1 statement. It may be used to add or remove collateral, modify debtor or secured party information, or extend the original filing period. 3. UCC-5 Information Statement: This statement is used to provide additional information that is not covered in the UCC-1, such as assignment of the financing statement, termination statements, or other relevant details. It is crucial to comply with the specific requirements of the Queens, New York UCC Financing Statement to ensure its effectiveness and legal validity. Consulting with legal professionals or using online filing services that specialize in UCC filings can be beneficial to avoid any errors or omissions that may lead to complications in the future.Queens, New York UCC Financing Statement is a legal document filed to provide notice of a secured party's interest in personal property located in Queens, New York. This statement is governed by the Uniform Commercial Code (UCC), which is a set of laws that standardize commercial transactions across the United States. The Queens, New York UCC Financing Statement serves as a public record that allows interested parties, such as potential creditors, to determine any existing liens or encumbrances on personal property held by a debtor. It ensures transparency and helps protect the rights of both lenders and borrowers involved in financial transactions. This statement typically includes various essential pieces of information, such as: 1. Debtor's Information: The name and address of the person or entity responsible for repaying the debt secured by the property. 2. Secured Party's Information: The name and address of the lender or person/entity extending the credit or loan. This party is often referred to as the secured party or the creditor. 3. Collateral Description: A detailed description of the personal property being used as collateral to secure the debt. This includes specific identifying information, such as make, model, serial number (if applicable), and any other relevant details that adequately identify the property. 4. Filing Information: The document usually requires information about where and how it should be filed, including the name and contact details of the filing office, specific filing fees, and any additional requirements. Different types of UCC Financing Statements can be filed in Queens, New York, depending on the nature of the transaction. Some common variations include: 1. UCC-1 Financing Statement: This is the most common type of financing statement filed to establish a creditor's interest in personal property. It covers a wide range of collateral, including equipment, inventory, and other movable assets. 2. UCC-3 Financing Statement Amendment: This type of statement is filed to make changes or amendments to a previously filed UCC-1 statement. It may be used to add or remove collateral, modify debtor or secured party information, or extend the original filing period. 3. UCC-5 Information Statement: This statement is used to provide additional information that is not covered in the UCC-1, such as assignment of the financing statement, termination statements, or other relevant details. It is crucial to comply with the specific requirements of the Queens, New York UCC Financing Statement to ensure its effectiveness and legal validity. Consulting with legal professionals or using online filing services that specialize in UCC filings can be beneficial to avoid any errors or omissions that may lead to complications in the future.
