Thread: a trust and UCC
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Old 10-14-2003, 12:57 PM
Mike
 
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Re:a trust and UCC

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<FONT face="Courier New">Mike,
I assume that the trustee intends to file a UCC against the trust, not himself.</FONT>


<FONT face="Courier New">Sorry, guess I didn't make myself clear. The UCC would be against the trust.</FONT>


<FONT face="Courier New">&Just remember, if this action is taken, be sure the paperwork exists to show that a valid contract exists between the trust and a 3rd party NOT invloved with the trust in any way other than the contract which the trust defaulted on. </FONT></TD></TR>
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Not certain what you mean. The trustee is a 3rd party independent individual and the UCC would be filed against the trust by the trustee.



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