What is meant by individual debtor what form do you use if


You are to go to the Connecticut Secretary of State Website (link provided in the chapter file) and review a UCC-1 and its instructions and a UCC-3 and its instructions. You will find the forms by going to "Business Services", then click on Business/UCC Filings then " Forms", scroll down to and click on "Uniform Commercial Code". After reviewing the forms answer the following five (5) questions: 1) What is the information sought in lines 1a, 3b and 4 of a UCC-1? 2) What is meant by "Individual Debtor?" 3) What form do you use if there are two (2) or more secured parties? 4) What is a UCC-3 used for? 5) What form do you use if line 8 on a UCC-3 does not provide sufficient space?

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