Does tv land or computer land to file a financing statement

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Reference no: EM1393614

Q. On March 1st you purchase a flat screen digital television with amazing surround sound on credit from TV Land. You sign a credit agreement, giving TV Land a security interest in all consumer goods presently owned or subsequently acquired. On April 1st you purchase a new home Computer on credit from Computer Land, signing a similar agreement.

If you fail to make your payments to TV Land, do they have a claim to your Computer? Does TV Land or Computer Land have to file a financing statement?

Reference no: EM1393614

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