Questions & Answers
Disclaimer: All answers are my own personal opinion as is all information I provide and as I am not
authorized to practice law or to give legal advice in your jurisdiction it is your responsibility to
verify same with competent legal authorities.
The only way to rebut that you surety to the straw man is to give public notice?
Q: The only way you can rebut their presumption that you are surety is to notice them with the FS [UCC Financial Statement Filing?]; yet you cannot operate in commerce so the strawman operates for you and files the FS. So, it is the SP [Secured party] which files the...
The security agreement removes you as surety for the straw man?
Q: The SA gives you, the agent for the SP, a superior claim over the SD thereby removing you as Surety for the Strawman. A: Not necessarily IF someone else has filed and or perfected their claim first. Otherwise yes. Now I ask you if you are the agent for the strawman...
Do not file the Security Agreement only reference it?
Q: Do not file the SA, only reference its number under General Collateral on the FS. A: Agree
Keep in mind the Secured Party must be a fiction?
Q: When completing a UCC/PPSA Financing Statement (FS) keep in mind that the Secured Party (SP) must be a fiction/Straw man because only fictions can function in commerce. So the SP claims the Straw man Debtor (SD). Then the SD signs over to the SP, for which you, the...
Who is the surety for the straw man?
Q: Les, it was great speaking to you on Friday! I am anxious to get > going, I > have one question though. I've come across the issue of who is the > "surety" > for the strawman. Is this the same thing as the secured party? If so, can > you > comment...
All my documents are in my changed name?
Q: And lastly,my S.A.,HHIA,POE and my original Copywrite notice,are all in my changed name instead of my birth name. Should someone try to go after my birth strawman,should I update those to add my "changed" strawman as well? (I'm just trying to be thorough) A: Yes,...
How Do I Update My UCC Filing?
Q: You'd mentioned to me that you would do an updated(corrected) UCC-1 filing. I'd like to add my children's names, a credit card # and my car to it. How do we coordinate that? A: Best go back to the site and fill in the SA form in detail I would rather start from...
My copyright notice is not notarized?
Q: Although my original copyright is recorded here…http://wxxxx ;this is a combined Trademark/Tadename/Copyright filing.But it is not motorized. Is that necessary? A: Technically no, however since we have no choice but to interface with government we need to...
Do you have a list of what should be included in a security agreement?
Q: Hi Les, I am planning on doing the copyright and security agreement together. I am getting together the required numbers and descriptions to complete the form. Do you have a list available of things that should be included in the security agreement. Is this the...