It is a waste of time, energy and money and would serve no purpose.
Filing UCC-1 & Lien On Titled Collateral
We are having a debate at work about filing a UCC-1 in addition to the Lien on Titled collateral, i.e., car, boat, truck. Is it standard practice? Is it advisable to file a UCC in addition to the Lien perfection on titled collateral and why? Also doesn't the UCC need to match the note and security agreement?
First published on 06/28/2015