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If you have not filed a UCC-1, then you are considered unsecured, and as such, you are placed in the ?back of the line,? behind the secured creditors. Secured creditors are taken care of first in the division of assets.
Under Virginia law, the sale of goods is codified in great detail in the Virginia Code, directly resulting from Virginia's adoption of the UCC.
Except as otherwise provided in subsections (b), (e), (f), and (g), a filed financing statement is effective for a period of five years after the date of filing.
Copies or Search for UCC/Tax Lien Filings Requests must be made on the Information Request Form (UCC11). To ascertain the number of pages in a document and determine the proper amount of payment for your request, contact the Clerk's Office at (804) 371-9733 or toll-free in Virginia at 1-866-722-2551.
UCC Filing Fees Type of FilingFiling FeeFinancing Statement$20.00 eachFinancing Statement Amendment$20.00 each(i.e., assignment, change, continuation, termination)Information Statement$20.00 each
UCC Filing Fees Type of FilingFiling FeeFinancing Statement$20.00 eachFinancing Statement Amendment$20.00 each(i.e., assignment, change, continuation, termination)Information Statement$20.00 each