While many Americans struggle to make car payments and/or struggle to save up to buy their dream cars, they are […]
Many ask when presented with an issue, “Should I hire an attorney? ” That is a question that each must […]
ALL bank accounts have two sides to them. A Public (liabilities) side and a Private (assets) side, as substantiated by […]
Private Citizen – is someone who is private and not governed by any de facto corporation like the U.S. […]
The Sixth Amendment to the United States Constitution guarantees crucial rights to individuals accused of crimes, including the right […]
We’ve all heard the various sayings about 5% of the world’s population holding 95% of the world’s wealth but […]
Part 1 (text to audio) Part 2 (text to audio) Part 3 (text to audio) In 1913 the United […]
A UCC-3 Amendment allows secured parties to update an existing UCC-1 Financing Statement to include additional collateral. This process ensures that the newly added assets are perfected and legally protected under the original filing. By amending rather than filing a new UCC-1, the secured party maintains the continuity of the original filing while expanding its scope. The amendment must clearly describe the new collateral and be filed in the appropriate jurisdiction to ensure the perfection of the security interest. This approach streamlines the process while securing the updated assets.