Bronx New York UCC1 Financing Statement

State:
New York
County:
Bronx
Control #:
NY-UCC1
Format:
Word; 
PDF; 
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Description

UCC1 - Financing Statement - New York - For use after July 1, 2001. This form is a financing statement used to cover certain collateral as specified in the form. This Financing Statement complies will all applicable state laws. A Bronx New York UCC1 Financing Statement is a legal document used in commercial transactions to establish a creditor's security interest in collateral. It serves as a public notice to other potential creditors that the secured party has a claim on the specific property or assets mentioned in the statement. UCC1 refers to Article 9 of the Uniform Commercial Code, which governs secured transactions in the United States. The Bronx New York UCC1 Financing Statement includes essential details such as the names and addresses of both the debtor and the secured party, a description of the collateral being used as security, and any necessary amendments or additional information. This document must be filed with the New York Department of State's Division of Corporations, State Records, and Uniform Commercial Code (UCC) Section to be effective. Keywords: Bronx New York, UCC1 Financing Statement, legal document, commercial transactions, creditor's security interest, collateral, public notice, potential creditors, secured party, property, assets, Article 9, Uniform Commercial Code, New York Department of State, Division of Corporations, State Records, UCC Section. Different types of Bronx New York UCC1 Financing Statements might include: 1. Individual Debtor: This type of financing statement is filed when an individual is acting as a debtor and using personal property as collateral. 2. Business Debtor: When a business entity, such as a corporation, partnership, or LLC, is acting as a debtor and using its assets as collateral, this financing statement is used. 3. Assignment: An assignment financing statement is filed when a secured party assigns or transfers its interest in a UCC1 filing to another party. It provides public notice of the new secured party's claim on the collateral. 4. Amendment: Amendments are filed to modify or update information on an existing financing statement. This could include changes to the debtor's name or address, collateral description, or the addition of additional collateral. 5. Termination: A termination financing statement is filed when the debt has been paid off, the collateral has been released, or the UCC1 filing is no longer valid. It removes the public notice of the secured party's interest in the collateral. Keywords: individual debtor, business debtor, assignment, amendment, termination, collateral description, debtor's name, debtor's address, New York Department of State, Division of Corporations, State Records, UCC Section.

A Bronx New York UCC1 Financing Statement is a legal document used in commercial transactions to establish a creditor's security interest in collateral. It serves as a public notice to other potential creditors that the secured party has a claim on the specific property or assets mentioned in the statement. UCC1 refers to Article 9 of the Uniform Commercial Code, which governs secured transactions in the United States. The Bronx New York UCC1 Financing Statement includes essential details such as the names and addresses of both the debtor and the secured party, a description of the collateral being used as security, and any necessary amendments or additional information. This document must be filed with the New York Department of State's Division of Corporations, State Records, and Uniform Commercial Code (UCC) Section to be effective. Keywords: Bronx New York, UCC1 Financing Statement, legal document, commercial transactions, creditor's security interest, collateral, public notice, potential creditors, secured party, property, assets, Article 9, Uniform Commercial Code, New York Department of State, Division of Corporations, State Records, UCC Section. Different types of Bronx New York UCC1 Financing Statements might include: 1. Individual Debtor: This type of financing statement is filed when an individual is acting as a debtor and using personal property as collateral. 2. Business Debtor: When a business entity, such as a corporation, partnership, or LLC, is acting as a debtor and using its assets as collateral, this financing statement is used. 3. Assignment: An assignment financing statement is filed when a secured party assigns or transfers its interest in a UCC1 filing to another party. It provides public notice of the new secured party's claim on the collateral. 4. Amendment: Amendments are filed to modify or update information on an existing financing statement. This could include changes to the debtor's name or address, collateral description, or the addition of additional collateral. 5. Termination: A termination financing statement is filed when the debt has been paid off, the collateral has been released, or the UCC1 filing is no longer valid. It removes the public notice of the secured party's interest in the collateral. Keywords: individual debtor, business debtor, assignment, amendment, termination, collateral description, debtor's name, debtor's address, New York Department of State, Division of Corporations, State Records, UCC Section.

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Bronx New York UCC1 Financing Statement