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  • Ucc Financing Statement Additional Party - Scc Virginia

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T, check here 18a. ORGANIZATION'S NAME OR 18b. INDIVIDUAL'S SURNAME PRIVACY ADVISORY: Information such as social security number, date of birth, maiden name, or financial institution account number is NOT required to be included in business entity or Uniform Commercial Code documents filed with the Office of the Clerk of the Commission. Any information provided on these documents is subject to public viewing. FIRST PERSONAL NAME Print Reset SUFFIX ADDITIONAL NAME(S)/INITIAL(S) THE ABOVE.

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How to fill out the UCC Financing Statement Additional Party - SCC Virginia online

This guide provides clear instructions for users on how to accurately complete the UCC Financing Statement Additional Party form online. By following these steps, you can ensure that all required information is submitted correctly.

Follow the steps to fill out the form effectively.

  1. Click ‘Get Form’ button to access the form and open it in the editor.
  2. In section 18, enter the name of the first debtor exactly as shown in the related Financing Statement. If the individual debtor’s name was not fully entered previously, check the box and provide as much of the debtor's name as can fit.
  3. For section 19, provide the name of an additional debtor. You can either include the organization’s name or the individual’s surname, ensuring that the full name is written without modifications or abbreviations.
  4. Complete section 19c with the mailing address of the additional debtor, including the city, state, country, and postal code.
  5. Repeat the same process for sections 20 and 21 for any further additional debtors, providing their names and complete mailing addresses.
  6. Proceed to sections 22 and 23 for any additional secured party names. Again, include either the organization's name or individual’s surname, along with their mailing address.
  7. If you have additional information or need to comply with state-specific requirements, use section 24 to include this information. Attach additional pages if necessary and reference them appropriately.
  8. Review the entire form for accuracy. Ensure that no personal information such as social security numbers is included. After verification, save your changes.
  9. Finally, you can download, print, or share the completed form as needed.

Begin completing your UCC Financing Statement Additional Party form online today.

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However if you've put up your assets as collateral in a UCC-1 filing, those protections go out the window. A creditor with a UCC lien against your assets could immediately come after things like: Cash from your bank account. Your vehicle or other personal property.

A UCC-Uniform Commercial Code-1 (UCC-1) statement is a legal notice filed by creditors in an effort to publicly declare their right to seize assets of debtors who default on loans. UCC-1 notices are typically printed in local newspapers, in an effort to publicly express a lender's intent to seize collateralized assets.

Upon the expiration of the five-year period, the financing statement lapses in the same manner as provided in subsection (c), unless, before the lapse, another continuation statement is filed pursuant to subsection (d).

(Financial Statement) Filings. Financing statements are filed in the Circuit Court Clerk's Office (Room 300) to perfect a security interest against a debtor in favor of a secured party if collateral is oil, gas or mineral, timber to be cut, or a fixture filing.

The code provides for the recording of security agreements in which a loan of money is secured by collateral, thereby giving the lender rights to the property. The UCC-1 is an initial filing of a financing statement. ing to N.C.G.S.

UCC stands for Uniform Commercial Code. The UCC is a set of laws concerning commercial transactions, such as the sale of goods. It also covers secured transactions, where a lender gains the right to foreclose on a borrower's collateral should the borrower default on the loan. This is also called a security interest.

A UCC-1 financing statement is a legal form that a creditor files to give notice that it has the right to take possession of and sell certain assets belonging to the debtor for the repayment of a specific debt.”

UCC liens can only be removed by the lienholder, or lender once you have paid off your loan. If you have a false lien appearing on your report or one that hasn't been removed after you've repaid your loan, you can dispute it with the secretary of state's office, the lender or the credit bureau.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232