Yonkers New York UCC1 Financing Statement

• Category: New York Secretary of State - Uniform Commercial Code
• State: New York
• City: Yonkers
• Control #: NY-UCC1
• Format: Word; PDF; Rich Text

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. Yonkers New York UCC1 Financing Statement is a legal document that serves as a public notice of a lien or security interest in personal property held by a debtor. It is filed under the Uniform Commercial Code (UCC) in Yonkers, New York, to provide potential creditors with information regarding existing liens on a debtor's assets. The UCC1 Financing Statement is an essential tool for lenders or parties involved in secured transactions to ensure that they have a legal claim on the debtor's collateral in case of default. The Yonkers New York UCC1 Financing Statement contains crucial details such as the debtor's name, address, and organizational structure. It also includes the secured party's name and address, enabling interested parties to contact them for further information. Key information on the collateral, including its description, location, and value, is listed to specify a lender's interest. The financing statement can be filed electronically or in paper form at the Yonkers County Clerk's office. Different types of Yonkers New York UCC1 Financing Statements vary based on the nature of the transaction and the collateral involved. Some common types include: 1. General UCC1 Financing Statement: This is the most frequently filed financing statement, used when a creditor has a security interest in the debtor's assets. It does not limit the collateral to specific property and provides a comprehensive claim on all personal property owned by the debtor. 2. Specific UCC1 Financing Statement: This type of financing statement is used to secure a specific asset as collateral. The statement should specify the collateral in detail, including its description, location, and other relevant information. 3. Fixture UCC1 Financing Statement: When a creditor holds a security interest in a fixture, which is personal property attached to real estate, a fixture financing statement is filed. It establishes the creditor's interest in that specific asset and can be important in real estate transactions. 4. Amendment UCC1 Financing Statement: If there are any changes or updates to the original financing statement, an amendment statement is filed. It can include changes in debtor information, collateral description, or secured party details. It is crucial for creditors and debtors to familiarize themselves with the relevant laws and regulations pertaining to UCC1 Financing Statements in Yonkers, New York, to ensure compliance and protect their interests. The statements play a vital role in facilitating secured transactions and promoting transparency in commercial dealings.

Yonkers New York UCC1 Financing Statement is a legal document that serves as a public notice of a lien or security interest in personal property held by a debtor. It is filed under the Uniform Commercial Code (UCC) in Yonkers, New York, to provide potential creditors with information regarding existing liens on a debtor's assets. The UCC1 Financing Statement is an essential tool for lenders or parties involved in secured transactions to ensure that they have a legal claim on the debtor's collateral in case of default. The Yonkers New York UCC1 Financing Statement contains crucial details such as the debtor's name, address, and organizational structure. It also includes the secured party's name and address, enabling interested parties to contact them for further information. Key information on the collateral, including its description, location, and value, is listed to specify a lender's interest. The financing statement can be filed electronically or in paper form at the Yonkers County Clerk's office. Different types of Yonkers New York UCC1 Financing Statements vary based on the nature of the transaction and the collateral involved. Some common types include: 1. General UCC1 Financing Statement: This is the most frequently filed financing statement, used when a creditor has a security interest in the debtor's assets. It does not limit the collateral to specific property and provides a comprehensive claim on all personal property owned by the debtor. 2. Specific UCC1 Financing Statement: This type of financing statement is used to secure a specific asset as collateral. The statement should specify the collateral in detail, including its description, location, and other relevant information. 3. Fixture UCC1 Financing Statement: When a creditor holds a security interest in a fixture, which is personal property attached to real estate, a fixture financing statement is filed. It establishes the creditor's interest in that specific asset and can be important in real estate transactions. 4. Amendment UCC1 Financing Statement: If there are any changes or updates to the original financing statement, an amendment statement is filed. It can include changes in debtor information, collateral description, or secured party details. It is crucial for creditors and debtors to familiarize themselves with the relevant laws and regulations pertaining to UCC1 Financing Statements in Yonkers, New York, to ensure compliance and protect their interests. The statements play a vital role in facilitating secured transactions and promoting transparency in commercial dealings.