National Association of Credit Management

Event 

Title:
UCC-1 Filings: Understanding and Taking Advantage of Being a Secured Creditor
When:
09/17/2014
Where:
Minneapolis, MN -
Category:
NACM's STS Workshops

Description

register btnPresenter: Chris Ring
Time: 1:00-4:15pm
Cost: $100

Register for the Liens & Bonds workshop too and receive a $25 discount!

Workshop Description

UCC Article 9 governs secured transactions in personal property (the granting of credit secured by personal property). Hundreds of millions of dollars of commercial and consumer credit are granted every year in secured transactions under UCC Article 9. Understanding the basics of UCC Filing should be a goal of every commercial credit manager but understanding the nuances becomes important for practitioners. Within the UCC, words have specific and important meanings. For example, inventory is different than equipment and a finance lease is different than a true lease. This session will lay down all the basics. You'll walk away knowing what type of filing is applicable for your individual selling situation and the benefits of filing. Then we'll go than beyond by breaking down the detail required to write an effective Security Agreement and Collateral Description. Are you missing something in your process? This session has been designed so you can answer this question. As a bonus, we'll also break down what you need to know relative to the newly effective (as of 7/1/13) 2010 Amendments to Article 9.

Hotel

DoubleTree Bloomington - Minneapolis South
7800 Normandale Blvd | Minneapolis (Bloomington), Minnesota 55439 United States

 

 

Venue

Location:
Minneapolis, MN

Description

Sorry, no description available

National Association
of Credit Management

8840 Columbia 100 Pkwy.
Columbia, MD 21045
Phone: 410-740-5560
Fax: 410-740-5574

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