UCC Financing Statement Addendum (Form UCC1Ad) - dos ny 2026

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  1. Click ‘Get Form’ to open the UCC Financing Statement Addendum in the editor.
  2. Begin by entering the name of the first debtor in section 9. You can choose between an organization’s name or an individual’s name, ensuring accuracy as per the related financing statement.
  3. In section 11, if you need to add an additional debtor, provide their exact full legal name and mailing address. Remember to follow the instructions carefully to avoid any errors.
  4. For adding a secured party in section 12, input their details similarly. If there are more than one, attach another addendum as needed.
  5. Complete sections 13-15 if applicable, providing descriptions for collateral and real estate as required. Ensure that all information is clear and complies with local laws.
  6. Finally, review all entries for accuracy before saving your document. Utilize our platform's features to easily modify any fields if necessary.

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A UCC-1 financing statement is a public notice filed to secure a creditors interest in collateral. Receiving a request to file or pay a fee often relates to maintaining or amending this filing, not a court summons. The secured party listed is typically the creditor or their agent.
Amendment means a UCC record that amends the information contained in a financing statement. Amendments include assignments, continuations and terminations. Assignment is an amendment that assigns all or part of a secured partys power to authorize an amendment to a financing statement.
A UCC-1 is a financing statement filed to provide notice that a creditor has a security interest in a debtors personal property. It is not an agreement. It is a notice d that one person claims an interest in someone elses property, usually as collateral for a debt.
You may be wondering: Is a UCC filing bad? A UCC filing isnt necessarily harmful to have on your propertyif it allows you to access more affordable funding, then a UCC lien is almost always worth it. Simply having a UCC filing also wont impact your credit score.
UCC-3 party amendments: A UCC-3 amendment is a type of filing used to change or add critical information about the debtor or the secured party. For example, they can be used to change the name or the address.

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Ways to remove a UCC filing Ask the lender to terminate the lien upon payoff. Visit your secretary of states office. Dispute inaccurate information on your business credit reports.

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