Ucc1 filing illinois: Fill out & sign online

Here's how it works

01. Edit your ucc 1 form illinois online

01. Edit your ucc1 illinois online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send illinois ucc filing online via email, link, or fax. You can also download it, export it or print it out.

The best way to modify Illinois UCC1 Financing Statement Addendum - Illinois in PDF format online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Handling documents with our comprehensive and intuitive PDF editor is straightforward. Follow the instructions below to fill out Illinois UCC1 Financing Statement Addendum - Illinois online quickly and easily:

Log in to your account. Log in with your email and password or register a free account to test the product prior to upgrading the subscription.
Upload a document. Drag and drop the file from your device or add it from other services, like Google Drive, OneDrive, Dropbox, or an external link.
Edit Illinois UCC1 Financing Statement Addendum - Illinois. Effortlessly add and underline text, insert pictures, checkmarks, and signs, drop new fillable fields, and rearrange or remove pages from your paperwork.
Get the Illinois UCC1 Financing Statement Addendum - Illinois completed. Download your updated document, export it to the cloud, print it from the editor, or share it with other participants through a Shareable link or as an email attachment.

Benefit from DocHub, the most straightforward editor to rapidly manage your paperwork online!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Contact us

How do you clear a UCC-1 Financing Statement?

The main way to remove a UCC filing is to pay off your business loan. The statement may remain in your states searchable database for up to one year after payoff but should reflect that you repaid the loan.

What is the purpose of a UCC financing statement?

In fact, it is sometimes called a UCC financing statement. A creditor files a UCC-1 to provide notice to interested parties that he or she has a security interest in a debtors personal property. This personal property is being used as collateral in some type of secured transaction, usually a loan or a lease.

Can you have more than one UCC filing?

Even today though, there are times when a creditor may need to file UCC Financing Statements in more than one filing location in order to perfect. Multiple filings often come into play in transactions that involve multiple debtors. Consider an example where you are filing on a corporation name and an individual.

How long does it take to terminate a UCC filing?

The secured party has 20 days to either terminate the filing or send a termination statement to the debtor that the debtor can then file. If this does not happen within the 20-day time frame, the debtor may file a UCC-3 termination statement.

Where do I file my UCC financing statement in Illinois?

If a Financing Statement is filed as a fixture filing or if the collateral consists of timber to be cut or as-extracted minerals then the filing is to be filed in the county recorders office in the county where the collateral is located.

ucc 1 filing illinois

ucc-1 financing statement ucc-1 form oklahoma where to file ucc financing statement illinois ucc termination illinois secretary of state ucc filing new jersey ucc-1 form illinois secretary of state ucc search ucc-3 form

Related forms

be ready to get more

Complete this form in 5 minutes or less

Get form

How much does it cost to file a UCC-1 in Illinois?

A UCC filing is $40 for a paper-based filing and $20 for an electronic filing (using XML transmission or e-File).

How do you remove a financing statement?

Pay off your loan: This is the surest way to have the UCC-1 filing removed. Depending on the state, the financing statement can remain in your states searchable index for one year after the loan is repaid. In that case, the statement would reflect that the loan is repaid.

Where do I file my UCC?

In all cases, you should file a UCC-1 with the secretary of states office in the state where the debtor is incorporated or organized (if a business), or lives (if an individual).

How do I release a UCC file in Illinois?

Visit your secretary of states office. To do so you will generally need to make a trip in person down to your secretary of states office. Once there, you will be able to swear under oath that youve satisfied the debt in full and wish to request for the UCC-1 filing to be removed.

Does a UCC-1 show up on personal credit report?

Additionally, a UCC filing does not natively impact your credit score. But a UCC filing does appear on your credit report, and it could affect whether you will qualify for other financing forms later down the road. For example, say that you receive funding from one lender who filed a UCC lien on some of your assets.

Get the up-to-date Illinois UCC1 Financing Statement Addendum - Illinois 2024 now

Here's how it works

The best way to modify Illinois UCC1 Financing Statement Addendum - Illinois in PDF format online

Complete this form in 5 minutes or less

Got questions?

How do you clear a UCC-1 Financing Statement?

What is the purpose of a UCC financing statement?

Can you have more than one UCC filing?

How long does it take to terminate a UCC filing?

Where do I file my UCC financing statement in Illinois?

Complete this form in 5 minutes or less

People also ask

How much does it cost to file a UCC-1 in Illinois?

How do you remove a financing statement?

Where do I file my UCC?

How do I release a UCC file in Illinois?

Does a UCC-1 show up on personal credit report?

illinois ucc filing fees

Try more PDF tools