Legal Question in Business Law in Arizona
Uniform Commercial Code
Can a UCC Financing Statement originally filed to secure a loan, be used to offset a deficit balance in a deposit account? The loan is paid in full, but the UCC has not been released.
Asked on 3/31/09, 12:19 pm
1 Answer from Attorneys
Donald W. Hudspeth
The Law Offices of Donald W. Hudspeth, P.C.
Re: Uniform Commercial Code
We would need to review the documents to determine what rights each party has, then advise you of your options based on the review, research and consultation. The advance fee would be $500.00, which would be applied toward any services we would provide.
Answered on 3/31/09, 6:21 pm
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