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What is meant by individual debtor

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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?

Reference no: EM131743818

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