Financing Statement Additional Party form for adding additional Debtors or Secured Parties to Financing Statements (Form UCC1) filed with the New York filing office.
The Queens New York UCC1 Financing Statement Additional Party is an important legal document used in the state of New York to provide additional details and parties involved in a UCC1 financing statement. A UCC1 financing statement is typically filed by a creditor to secure their interest in a debtor's personal property as collateral for a loan. In Queens, New York, the UCC1 Financing Statement Additional Party serves to include any additional entities or individuals who may have an interest in the debtor's property or collateral. These additional parties are usually creditors, co-debtors, guarantors, or other involved persons. Keywords: 1. UCC1 Financing Statement: Refers to the initial document filed by a creditor to establish their interest in a debtor's property. 2. Additional Party: Refers to any additional individual or entity that has an interest in the debtor's collateral or property. Different types of Queens New York UCC1 Financing Statement Additional Party may include: 1. Secured Creditor: Refers to a creditor who has a security interest in the debtor's property as collateral for a loan or debt. 2. Co-Debtor: Refers to an individual who is equally responsible for the debtor's obligations and shares liability for the debt. 3. Guarantor: Refers to an entity or individual who guarantees the payment of a debt in case the debtor defaults. 4. Subordinate Creditor: Refers to a creditor whose claim to the debtor's property is inferior or subordinate to that of another creditor. 5. Assignee: Refers to an individual or entity that has acquired the rights to the debtor's property or collateral from the original creditor. 6. Trustees or Executors: Refers to individuals appointed to handle the financial affairs and assets of a debtor's estate or trust. 7. Joint Lessor: Refers to a lessor who jointly leases out the debtor's property with another party. These different types of additional parties may be included in the Queens New York UCC1 Financing Statement Additional Party section to ensure all relevant parties are accounted for and their interests are protected. It's crucial to accurately document the involvement of additional parties to ensure legal compliance and avoid any potential disputes or claims.The Queens New York UCC1 Financing Statement Additional Party is an important legal document used in the state of New York to provide additional details and parties involved in a UCC1 financing statement. A UCC1 financing statement is typically filed by a creditor to secure their interest in a debtor's personal property as collateral for a loan. In Queens, New York, the UCC1 Financing Statement Additional Party serves to include any additional entities or individuals who may have an interest in the debtor's property or collateral. These additional parties are usually creditors, co-debtors, guarantors, or other involved persons. Keywords: 1. UCC1 Financing Statement: Refers to the initial document filed by a creditor to establish their interest in a debtor's property. 2. Additional Party: Refers to any additional individual or entity that has an interest in the debtor's collateral or property. Different types of Queens New York UCC1 Financing Statement Additional Party may include: 1. Secured Creditor: Refers to a creditor who has a security interest in the debtor's property as collateral for a loan or debt. 2. Co-Debtor: Refers to an individual who is equally responsible for the debtor's obligations and shares liability for the debt. 3. Guarantor: Refers to an entity or individual who guarantees the payment of a debt in case the debtor defaults. 4. Subordinate Creditor: Refers to a creditor whose claim to the debtor's property is inferior or subordinate to that of another creditor. 5. Assignee: Refers to an individual or entity that has acquired the rights to the debtor's property or collateral from the original creditor. 6. Trustees or Executors: Refers to individuals appointed to handle the financial affairs and assets of a debtor's estate or trust. 7. Joint Lessor: Refers to a lessor who jointly leases out the debtor's property with another party. These different types of additional parties may be included in the Queens New York UCC1 Financing Statement Additional Party section to ensure all relevant parties are accounted for and their interests are protected. It's crucial to accurately document the involvement of additional parties to ensure legal compliance and avoid any potential disputes or claims.
