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Public form
Description
This Uniform Commercial Code form, a UCC3-AD Financing Statement Amendment Addendum, is for use in the documentation of personal property as collateral for a loan, and related matters.
Absolutely! Many offices now offer online filing, making it a breeze to get your paperwork done without ever leaving home.
Not really! It's straightforward—just fill out the necessary information and submit it to the appropriate office. Just keep your info ready!
Skipping the amendment can cause confusion or legal issues later; it may lead to the loss of your secured interest if someone challenges it.
If there's been a change in the information you originally provided, like a name swap or change in collateral, it's wise to file an amendment.
Generally, it's filed by the secured party—a lender or a creditor—who holds the security interest in the collateral.
You'd file it if you need to modify information, like changing a debtor's name or updating the collateral description to reflect what's currently accurate.
It's a form used to make changes or updates to an existing UCC financing statement, which is a legal document that gives notice of a secured party's interest in a debtor's collateral.