Michigan Fraudulent UCC Financing Statement Affidavit is a sworn statement used to document the fraudulent filing of a Uniform Commercial Code (UCC) financing statement in the state of Michigan. This document is typically used by a creditor to document the fraudulent filing of a UCC-1 statement, which is used to secure a loan and create a lien on the borrower’s assets. The Michigan Fraudulent UCC Financing Statement Affidavit details the fraudulent nature of the filing, such as the suspicious nature of the loan, the lack of valid consent, the false statement of security interest, and the lack of authorization for the filing. The affidavit also outlines any attempts to recover the funds from the fraudulent filing, as well as any other damages incurred as a result of the fraud. There are two types of Michigan Fraudulent UCC Financing Statement Affidavits: a voluntary affidavit and a compulsory affidavit. The voluntary affidavit is used when the individual voluntarily admits to the fraudulent filing, while the compulsory affidavit is used when a court order is issued to compel the individual to provide a statement of truth.