What causes a UCC filing?

A creditor files a UCC-1 to provide notice to interested parties that he or she has a security interest in a debtor's personal property. This personal property is being used as collateral in some type of secured transaction, usually a loan or a lease.

Why did I receive a UCC financing statement?

In fact, it is sometimes called a UCC financing statement. A creditor files a UCC-1 to provide notice to interested parties that he or she has a security interest in a debtor's personal property. This personal property is being used as collateral in some type of secured transaction, usually a loan or a lease.

Does UCC filing hurt your credit?

A UCC filing won't impact your business credit scores directly because it doesn't indicate anything about your ability to repay your debts. However, it can affect your ability to get credit again in the future.

US Legal Forms
Utah UCC 5 Information Statement

Utah UCC 5 Information Statement

Name: Utah UCC 5 Information Statement
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.77 (216 reviews)

Category:

Utah Department of Commerce - Corporations Division - Uniform Commercial Code

State:

Utah

Control #:

UT-SKU-0180

Format:

Instant download

This website is not affiliated with any governmental entity

Public form

Description

UCC 5 Information Statement The Utah UCC 5 Information Statement is a one-page document that is used to record the filing of a UCC-1 financing statement with the Utah Department of Commerce. It is typically used by lenders to secure the repayment of a loan or debt, and generally includes the following information: the debtor's name and address, the secured party's name and address, description of the collateral being used as security, the date of filing, the file number, and the name of the county clerk or recorder where the UCC-1 was filed. There are two types of Utah UCC 5 Information Statements: a Blank UCC 5 Information Statement and a Verified UCC 5 Information Statement. The Blank UCC 5 Information Statement is used when a UCC-1 financing statement was filed without a signed verification, and the Verified UCC 5 Information Statement is used when a UCC-1 financing statement was filed with a signed verification.

The Utah UCC 5 Information Statement is a one-page document that is used to record the filing of a UCC-1 financing statement with the Utah Department of Commerce. It is typically used by lenders to secure the repayment of a loan or debt, and generally includes the following information: the debtor's name and address, the secured party's name and address, description of the collateral being used as security, the date of filing, the file number, and the name of the county clerk or recorder where the UCC-1 was filed. There are two types of Utah UCC 5 Information Statements: a Blank UCC 5 Information Statement and a Verified UCC 5 Information Statement. The Blank UCC 5 Information Statement is used when a UCC-1 financing statement was filed without a signed verification, and the Verified UCC 5 Information Statement is used when a UCC-1 financing statement was filed with a signed verification.

View Notice of Eligibility for Lifetime Income Benefits

View this form

View Notice Regarding Eligibility for Lifetime Income Benefits

View this form

View Notice of First Death Benefit Payment

View this form

View Notification of First Death Benefit Payment (124.2(e)(1))

View this form

View Notification of Employer Full Salary Payment (124.2(e)(7))

View this form

Reaffirmation Agreement

View this form

How to fill out Utah UCC 5 Information Statement?

Preparing legal paperwork can be a real burden unless you have ready-to-use fillable templates. With the US Legal Forms online library of formal documentation, you can be confident in the blanks you obtain, as all of them comply with federal and state laws and are examined by our specialists. So if you need to fill out Utah UCC 5 Information Statement, our service is the best place to download it.

Getting your Utah UCC 5 Information Statement from our service is as simple as ABC. Previously authorized users with a valid subscription need only log in and click the Download button once they locate the correct template. Afterwards, if they need to, users can pick the same blank from the My Forms tab of their profile. However, even if you are new to our service, registering with a valid subscription will take only a few moments. Here’s a brief guideline for you:

Document compliance check. You should carefully review the content of the form you want and check whether it satisfies your needs and meets your state law requirements. Previewing your document and reviewing its general description will help you do just that.
Alternative search (optional). If there are any inconsistencies, browse the library using the Search tab above until you find an appropriate blank, and click Buy Now once you see the one you need.
Account creation and form purchase. Register for an account with US Legal Forms. After account verification, log in and choose your most suitable subscription plan. Make a payment to proceed (PayPal and credit card options are available).
Template download and further usage. Select the file format for your Utah UCC 5 Information Statement and click Download to save it on your device. Print it to complete your paperwork manually, or use a multi-featured online editor to prepare an electronic version faster and more efficiently.

Haven’t you tried US Legal Forms yet? Sign up for our service now to get any official document quickly and easily whenever you need to, and keep your paperwork in order!

Form Rating

4.77

Satisfied(216)

Form popularity

FAQ

A creditor files a UCC-1 to provide notice to interested parties that he or she has a security interest in a debtor's personal property. This personal property is being used as collateral in some type of secured transaction, usually a loan or a lease.

In fact, it is sometimes called a UCC financing statement. A creditor files a UCC-1 to provide notice to interested parties that he or she has a security interest in a debtor's personal property. This personal property is being used as collateral in some type of secured transaction, usually a loan or a lease.

You can find UCC (Uniform Commercial Code) data yourself on the Secretary of State website for each state. Click on the link and search by a debtor's (buyer's) personal or business name. To view the record, click on the file number.

A UCC financing statement ? also called a UCC-1 financing statement or a UCC-1 filing ? is a legal form that allows a lender to announce a lien on an asset to secure a loan. By filing the UCC financing statement, the lender is giving notice that it has an interest in the property listed in the filing.

UCC5 Information Statement Form A UCC5, filed by either the debtor or secured party, is solely intended to 'inform' third parties searching the UCC public records of the following: 'RECORD IS INACCURATE' 'RECORD WAS WRONGFULLY FILED' 'RECORD FILED BY PERSON NOT ENTITLED TO DO SO'

A UCC filing won't impact your business credit scores directly because it doesn't indicate anything about your ability to repay your debts. However, it can affect your ability to get credit again in the future.

Uniform Commercial Code (UCC) filings allow creditors to notify other creditors about a debtor's assets used as collateral for a secured transaction. UCC liens filed with Secretary of State offices act as a public notice by the "creditor" of the creditor's interest in the property.

You can find Uniform Commercial Code information on any person or corporation in Utah or other states by performing a search on the UCC website of the state or territory where the person resides or the corporation is registered.

More info

Instructions for Information Statement (Form UCC5). Please type or laser-print this form.FILING OFFICE COPY — INFORMATION STATEMENT (Form UCC5) (Rev. Complete ITEM C of the filing form to include a valid email address. The following PDF forms are provided to assist with your UCC processing. UCC 5 – Information Statement - To start a UCC 5 filing, enter an initial Financing Statement Number and then select the Next button. Effective July 1, 2001, the National Standard Form will be the only UCC form acceptable. View and download UCC forms and UCC filing forms associated with the Uniform Commercial Code and Georgia's UCC Central Indexing System. National UCC Financing Statement Amendment (UCC3), ucc3_f.pdf. That filing number, the debtor name or secured party name can be used to search our website for detailed information regarding the lien filing. Resources.

Utah UCC 5 Information Statement

Description

Related forms

Viewed forms

How to fill out Utah UCC 5 Information Statement?

Show more info

Form Rating

Form popularity

FAQ

What causes a UCC filing?

Why did I receive a UCC financing statement?

How do I get UCC data?

What is the purpose of a UCC financial statement?

What is a UCC 5 information statement?

Does UCC filing hurt your credit?

What does it mean when someone has a UCC filing?

How to do a UCC search in Utah?

More info

Trusted and secure by over 3 million people of the world’s leading companies