|
Establishing the lien on strawman.
By comparison, I think it is easier to complete the UCC-1 than it is
to establish a lien on the strawman.
The UCC-1 is not a lien. It is only NOTICE of a lien. Everybody exclaims that they did their UCC-1, and they make it sound like they are done; but, they are not. I am suspicious of people making it sound like they just filled out the form, and filed it.
The lien is the hard challenge! On the UCC-1, just make reference to the lien, and get a date stamp. Simple.
Problem with the lien on strawman: When someone publicly files public notice of the
lien on their own assets, said lien is nothing less than creditor
notice on where to find assets to attach, if there is a flaw in the lien.
I have a sneaky suspicion that people who have legitimate liens are afraid of sharing it, because it can be detrimental when put into the wrong hands of people who don't know how to use it or defend it in court.
|