Why is the UCC1 Filing Important to Canadians?

by | Apr 22, 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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