Where Should The Debtor/Creditor Agreement (UCC-1 / PPSA) Be Recorded

Where Should The Debtor/Creditor Agreement (UCC-1 / PPSA) Be Recorded

The USA & UK has the United Commercial Code (UCC) with its UCC-1 debtor/creditor filing system. Canada's equivalent is the Personal Property Security Act (PPSA). The location for filing depends on the debtor's address. If the debtor is in the USA - that will determine the system used to record the debt (i.e. UCC).

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