Thanks for the Complimentary UCC Filing. Why is This Important to a Canadian?

by | May 7, 2024 | 2008, Q&A | 0 comments

Q: Thanks for the complimentary UCC1 filing .Why is
this important for me a Canadian?
A: As a Canadian (born on the land known as Canada)
think of the US as UCC1 general filing system that
encompasses the whole world. That way your claim are at
least registered in the system as opposed to not
registered. To complete the short strokes you would
want to file in any jurisdiction that you have property
in as that is where people would look to see if there
is a lien on it. That is how I reason it out. In
general you would want to notify all authorities that
may feel your property is in their jurisdiction should
anyone come knocking.
In part the UCC1 posting is self serving as it allows
me to complete the public posting without having to
wait for the UCC1 or PPSA filing numbers. You will find
PPSA forms on my site - follow the links on the site-
map pages - look for filing offices.
I uploaded a PPSA pdf form for you on the upload link
you can edit it accordingly to your best judgment. I am
suggesting that you only reference the SA by number as
what is in it is your private information. As a rule
you do not want to make it easy for some agency or
individual to know what your assets are - putting all
that in a public place makes it too easy - so act
accordingly. - Les.

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