New financing covering the same collateral.

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Aug 17, 2016
4:56:28pm

gwalker All-American

New financing covering the same collateral.

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gwalker

Bio page: gwalker
Joined: Aug 8, 2001
Last login: May 5, 2024
Total posts: 55,352 (7,385 FO)

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Messages

Author

Time

Post Bar Exam UCC Hypothetical (that might be real, but if I told you

gwalker

8/17/16 4:50pm

I learned this stuff to pass the bar and then forgot it as quickly as possible

cougarfann888

8/17/16 4:52pm

Same, except for the part about learning the stuff

Nikomedes

8/17/16 4:54pm

You do save a lot of time doing it your way

byujag

8/17/16 5:01pm

More context. Are you trying to get additional financing and the UCC is

8/17/16 4:53pm

New financing covering the same collateral.

gwalker

8/17/16 4:56pm

Is it not enough to demonstrate to the lender that the original obligation

8/17/16 5:03pm

Would you underwrite with an anomalous recording issue present?

TaiJuan

8/17/16 5:06pm

Probably not. But I guess it depends on the amount being financed. With his

8/17/16 5:11pm

Send a complaint through their federal regulator? You'll get the attention of

TaiJuan

8/17/16 4:55pm

Do you have enough time to file the action at least? That may prompt them

Y'zFan

8/17/16 5:06pm

If the bank really isn't interested, maybe you get a quick default judgement.

Zman

8/17/16 9:28pm

Ha! One of our non-attorney CBers reminded me that there is

gwalker

8/17/16 5:09pm

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