Andrew Bloomenthal has 20+ years of editorial experience as a financial journalist and as a financial services marketing writer. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society ...

In a win for lenders, on September 11, the U.S. Court of Appeals for the Seventh Circuit reversed the U.S. Bankruptcy Court for the Central District of Illinois, holding that the collateral ...

“What’s in a name? That which we call a rose by any other name would smell just as sweet.” Not so fast, Juliet. While this sweet sentiment may have fared well in William Shakespeare’s, Romeo and ...

Under the Uniform Commercial Code (UCC), a secured party can perfect its lien on certain of a debtor’s assets by the filing of a UCC-1 financing statement. However, Section 9-509 of the UCC provides ...

Forbes contributors publish independent expert analyses and insights. I write about commercial real estate negotiations, deals and legal issues. UCC-1 filings are easy to make correctly and a disaster ...

NASHVILLE, Tenn. — The Tennessee Secretary of State announced that people should be cautious when receiving official-looking mail. This time, the scam is targeting most Tennesseans by asking them to ...

Recently, individuals including prison inmates and members of antigovernment groups — some considered “domestic terrorists” by the Federal Bureau of Investigation — have been utilizing the relaxed ...

Finastra, a global firm focused on financial services software, announced enhancements to its LaserPro document management solution, integrating with two different Uniform Commercial Code (UCC) filing ...

Problem/situation: The volume of paperwork generated by UCC filing requirements makes for long turnaround time and creates a drag on commerce. Solution: Automation of the UCC filing systems.