A judgment lien is granted to a creditor who wins a lawsuit against a debtor. This lien creates a claim on the piece of property in favor of the creditor. Judgment liens can delay you in selling, refinancing, purchasing, or taking any other financial actions on a property.
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UCC Filing refers to the filing of a UCC-1 financing statement, a document submitted to the Division of Commercial Recording. UCC is an acronym for Uniform Commercial Code, a set of laws that seek to universalize policies that govern transactions across the United States. Under the Uniform Commercial Code, creditors file the UCC-1 financing statement to advise the government and potential creditors of the interest they, the creditor, have in the debtor’s business or assets. Learn what a UCC filling can do for you. Read more “NJ State UCC Filing: What You Need to Know About Filing a UCC Lien”
Choosing a business name is an exciting milestone for entrepreneurs. It’s easy, however, to get wrapped up in all the planning without first considering the complexities of legally claiming this big, defining aspect of your new business. There are several things you need to nail down before you can officially call a name your own, and we’ve condensed them into five easy steps so you can approach claiming a business name the smart way. Don’t risk encountering legal complications or losing out on a name you love—start your naming journey by reviewing these five steps and following them to completion.
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