This Uniform Commercial Code form, a UCC11 - Request for Information - Texas, is for use in the documentation of personal property as collateral for a loan, and related matters.
Texas Ucc Filing Search For Documents
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How to fill out Texas UCC11 Request For Information?
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FAQ
You must pay off or refinance the debt to eliminate the UCC filing. But in some cases, you may need to take further steps to remove the UCC lien from your credit report. In some cases, you might need to dispute the lien or enlist the help of an attorney to protect your business.
Since the UCC financing statement form no longer provides a signature line for the debtor/transferor, parties need to manually add a signature block for the transferor to comply with Civil Code Section 3440.1(h)(1).
An Example of a UCC Lien Filing If you secure equipment financing, the lender will file a UCC lien to state that if the debt for the espresso machine is not repaid, the lender has the right to repossess the espresso machine or seize other assets from your business.
Legal requirements for the UCC-1 In order for a UCC-1 to hold weight in a legal proceeding, it must include the exact legal name of the debtor, the collateral included in the lien and the name of the secured party.
Fill in the debtor's name and mailing address. It may be an individual, or it may be in the name of a business or organization. If the loan is in the name of the business, include the business mailing address. There is space for additional debtors. Include them exactly as they appeared on the loan agreement.