TRUSTS: Where Fraud is seemingly permissible by the courts, government, and public servants/trustees. TRUST. – In General A right of […]
Form 1099-A, titled “Acquisition or Abandonment of Secured Property,” is utilized for the “Abandonment” or “Acquisition” of secured property. The […]
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.
Double entry bookkeeping, the standard method for recording financial transactions, hinges on balancing two sides: debits and credits. Within this […]
For anyone who has seriously looked at and studied court procedure over the years, which not very many of us […]