National UCC Financing Statement 1

The National UCC Financing Statement is a short, simple record filed for the purpose of giving constructive notice of a secured party`s interest in property of the debtor. Although it is not a requirement by law that a UCC be filed, doing so can be protection for both lien holders and prospective buyers. Most financing statements are filed in the office of the Clerk of Court in the county where the debtor lives.

The Uniform Commercial Code Article 9 was revised on July 1, 2001. The date on the forms were revised again on 05/22/02. All UCC filings MUST be filed, and, if necessary, re-filed on forms after 05/22/2002.

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