Filing a UCC for a LLC

[I.S.L.A.M]

Has anyone ever heard of using a LLC as the secured party and your strawman as the debtor on a UCC? I've been studying this for some months now and this is a suggestion that came from a contact. Anybody now how this could turn out?

Replies are appreciated

[Steel]

Originally Posted by I.S.L.A.M

Has anyone ever heard of using a LLC as the secured party and your strawman as the debtor on a UCC? I've been studying this for some months now and this is a suggestion that came from a contact. Anybody now how this could turn out?

Replies are appreciated

the normal use of ucc is by a business so you would have no problem doing what you suggest,
however the ucc program as such is about "knowing"
yourself and who YOU are which means if your say'
"daves used cars llc" and you file ucc papers on a customer it is not the same "state of mind"
so to speak

[I.S.L.A.M]

So in the redemption process would this be the same as using your lower case name as the secured party? Do you know of the benefits of using a LLC rather than your upper and lower case name?

[Steel]

Originally Posted by I.S.L.A.M

So in the redemption process would this be the same as using your lower case name as the secured party? Do you know of the benefits of using a LLC rather than your upper and lower case name?

LLC option is not redemptive related.

Your whole objective is merely to achieve a state of mind,

UCC is faith with works,evidence of that state of mind.

If you want UCC to claim a dozen Cadilacs and a house in the hamtons you are on the right path in the wrong direction,
"For what shall it profit a man, if he shall gain the whole world, and lose his own soul?"
UCC is like the Force in Star Wars.

"A Jedi uses the Force for knowledge and defense, never for attack.
Yoda-"

"Morpheus: Unfortunately, no one can be told what the Matrix is. You have to see it for yourself."

I can reccomend three study guides to help,

KJV 1611
Noah Webster's 1828 Dictionary
Blacks Law 6th Edition

OMNE TRINUM PERFECTUM.
"Latin for every perfect thing is threefold Research"

[Moorish Empire]

the purpose of doing the llc as ur secured party is to do business with the u.s. how other soveriegnsdo business with the u.s. through their corporations ex china,canada,mexico ect. thats the concept behind opening a llc and using it with ur ucc1

[AnnieMasa]

look up UCC Filing in Google under books - there's a book there that explains the process

[Steel]

Originally Posted by Moorish Empire

the purpose of doing the llc as ur secured party is to do business with the u.s. how other soveriegnsdo business with the u.s. through their corporations ex china,canada,mexico ect. thats the concept behind opening a llc and using it with ur ucc1

UCC in a business situation is a debt instrument you can take to the bank and draw against, you first do a debtor search to find out the status of the subject,
if they are within certain bounds you can safely contract
with certain extra perks.

A basic example would be Dave's Used Cars LLC
using a UCC filing then takes that filing to his bank
for quick cash while you make payments to Dave's cars
for the next five years.

a debtor search is different then a credit score,
it is used to find out if the party owns,or is owned.

This type is of no use in other area's, it is similar to the difference between "California State", and "The State of California".