Uniform Commercial Code - How to File a UCC1 Financing Statement Online - Claim your "VESSEL" - YouTube

Channel: Secured Party Creditor

[1]
greetings everybody
[2]
i'd like to start by clarifying that i'm
[4]
not a lawyer doctor or financial advisor
[7]
i'm not giving any legal or financial
[9]
advice this is simply a how-to video
[12]
thank you for your support
[14]
well anyway congratulations you've
[17]
learned enough to know that you need to
[19]
take this imper important first step in
[21]
correcting your status
[23]
in this brief video i will show you
[25]
exactly how i filed my ucc one financing
[28]
statement online
[29]
for your reference i live on the land
[31]
known as canada
[33]
as far as i know
[34]
this method will work anywhere in the
[36]
world
[37]
without further ado let's dive right
[39]
into it
[43]
so open your browser
[45]
and go to
[47]
dol
[49]
dot wa dot gov
[55]
once you get to this page
[57]
scroll down
[58]
to
[59]
get a form
[61]
click here
[64]
then underneath find forms by subject
[68]
you will click on uniform commercial
[70]
code
[72]
now here you can actually
[75]
open a pdf of the financing statement in
[79]
another tab
[82]
but for this example we're filing it
[83]
online
[85]
so under related information you will
[87]
click file and search online
[91]
when you do that it'll bring you to the
[93]
actual
[94]
platform on which you will be
[96]
filing your ucc one financing statement
[100]
once you're here
[101]
the first step is to click my filer info
[106]
here
[107]
in contact name
[109]
you'll actually put care of or in care
[112]
of in this case we'll just put co
[116]
with a comma which stands for care of
[119]
and the phone number and email are
[122]
optional
[123]
you do not have to do this because they
[125]
have your address here which
[128]
they will mail you if they need to and
[131]
they likely won't unless you start doing
[134]
stuff like
[135]
filing claims
[137]
moving on
[139]
you will go straight to mailing address
[141]
in which case you'll put
[143]
your mailing address
[145]
in the city i'm using calgary as an
[148]
example
[150]
and in this case canada as well
[154]
and
[157]
as you can see the list of any country
[160]
you can think of is here so
[163]
anywhere that's listed here
[165]
you can go ahead and file a ucc one
[167]
financing statement
[173]
for the postal code it is a military
[175]
postal code you are not a member of the
[177]
military therefore you are to exempt
[179]
yourself of the military postal code
[181]
when it's used on the page
[182]
however in this section it won't allow
[185]
us to add brackets around the postal
[187]
code
[188]
like this so we will select this
[191]
i will explain a little bit
[193]
as to why
[194]
it's
[195]
not necessary here later in the video
[199]
for now
[200]
you're going to double check
[202]
that you have the in care of
[205]
the address
[206]
city province postcode
[209]
and
[210]
country correct once everything is
[212]
correct update session filer info
[220]
so it's going to bring you back to the
[222]
main page that we started on
[225]
from here you're going to click file a
[228]
financing statement
[235]
so once you get here
[238]
you'll be focusing on three sections
[241]
this page isn't actually as intimidating
[244]
as it may look
[246]
when you
[248]
get right into it so
[250]
this is the collateral this is the
[252]
secured party section and this is the
[254]
debtor section so as it as in order
[258]
let's start with the debtor section
[261]
you will always be selecting individual
[263]
you are not an organization
[266]
this is the crucial uh
[270]
important thing to remember is this
[272]
section you will be filling out in all
[274]
capital letters
[277]
the same way that they do on with your
[280]
last name
[281]
on literally every document that they
[285]
register for you such as your license
[288]
passport
[289]
birth certificate etc
[292]
so for surname you will put your
[296]
last name
[298]
as written on your license
[301]
hey everyone
[302]
i stopped the video quickly to clarify
[304]
one thing
[305]
i said to enter your name like in your
[307]
license what i mean by this is enter it
[310]
in all capital letters i need to stress
[313]
the importance of using your birth
[314]
certificate name
[316]
no matter how many times you might have
[317]
changed your name it must be the one on
[320]
your original birth certificate thanks
[324]
and then you will follow it with
[327]
sdqv trust also in all block letters
[331]
first personal name i'm using john adam
[334]
doe as an example
[336]
so we will put john in all block letters
[339]
in additional names and initials we'll
[341]
put the middle name of adam
[344]
you avoid the suffix always
[346]
mr misses
[348]
all those things
[349]
is the same equivalent as private
[351]
general kernel you're not a member of
[353]
the military so don't use a suffix
[357]
anyway
[358]
mailing address all block letters
[361]
city all block letters
[364]
we will do this long scroll back here
[367]
and go pick canada
[371]
these two are auto generated but i
[373]
believe they show up in capital block
[375]
letters once you save it
[377]
now
[378]
in this section you will make sure to
[380]
put your postal code
[382]
in
[384]
blog or in the brackets here
[387]
the bracket is the square bracket not a
[390]
parentheses
[391]
this is called the bracket
[395]
once everything looks the way it does on
[397]
this page here
[398]
in this section
[401]
you're going to want to click save enter
[405]
now
[406]
the important thing to know is if you
[409]
have power of attorney over your elderly
[411]
parents or have children below the age
[414]
of maturity you can include them as
[416]
additional debtors onto your statement
[419]
you would click add another debtor
[424]
in which case you will get the same
[426]
exact
[428]
form
[429]
you can copy as last at last address if
[432]
it's your children and they live with
[434]
you or your parents that you have power
[436]
of attorney over
[437]
who live with you otherwise you would
[439]
put their information in all block
[441]
letters
[443]
uh as well as their surname
[446]
with sdqv their birth surname the one
[449]
listed on their certificate not any
[452]
anyone not not the one that you get
[454]
after you marry or changed
[457]
uh it has to be the one actually on your
[459]
certificate of birth
[462]
so uh anyway for this example we're just
[466]
going to use the one that
[468]
under secured party
[471]
you're going to
[473]
use your uppercase and lowercase
[476]
name
[477]
and you're going to
[479]
not include says dqv trust because we
[482]
are talking about you
[483]
the living man or woman the actual soul
[487]
here
[488]
on earth
[489]
so
[490]
in this case you put dough
[494]
john
[499]
again
[500]
avoid the suffix mailing address
[513]
another long scroll
[525]
now
[527]
again we're going to put the
[529]
postcode in brackets
[538]
double check everything is correct
[540]
individual surname
[542]
first name
[543]
middle
[544]
mailing address city province postcode
[546]
country save secured party
[550]
so now your page should look like this
[553]
you've got the debtor section you've got
[555]
the secured party section
[558]
perfect everything looks in order
[561]
now
[563]
this is your collateral section here
[565]
uh you're going to type it you're not
[568]
going to upload any files
[570]
they charge you an extra fee of a dollar
[572]
for attaching a pdf file
[574]
nice um
[577]
yeah don't do that
[580]
i suggest
[581]
typing this
[584]
text which will be included in the
[586]
description below
[588]
into a note pad
[590]
or a word document or pages document
[594]
whatever
[595]
writing program you may use
[599]
and you will copy
[602]
it uh
[604]
to paste into the other
[606]
screen earlier while i have this open i
[609]
just want to address the red text this
[611]
is the text you will be
[613]
altering
[615]
to
[616]
to work with your situation so
[620]
um
[622]
this security agreement reference here
[626]
is something you will have to it's it's
[628]
reference to a document called the
[629]
security agreement you will have to
[631]
create a security agreement listing all
[633]
of your
[635]
property and securities
[637]
as as implied
[641]
in that document
[643]
which
[643]
is separate from this current video
[647]
however the format
[649]
is the date of which you are filing
[652]
your
[654]
ucc one financing statement so for this
[656]
example
[658]
being november 21st 2022
[662]
uh i've written this out as 21 11 21
[667]
being the 21st day of the 11th month in
[669]
the 21st or 2021 so
[673]
as written out
[675]
here
[676]
so
[677]
aside from that you will have to include
[680]
your birth certificate
[682]
registration number now make sure it is
[685]
the actual registration number it should
[688]
say reg number
[690]
or registration number birth certificate
[693]
registration number something along
[695]
those lines and it can vary
[698]
it can have
[700]
many different characters it can have
[703]
slashes dashes bases it can be three
[707]
numbers it can be
[708]
six it can be more
[710]
so
[711]
it it varies a lot please make sure to
[714]
identify yours and make sure it's the
[716]
correct one
[718]
lastly there's this line says debtor is
[721]
a transmitting utility
[723]
this is important to include because
[726]
upon filing of this
[728]
you would technically have to refile
[731]
another financing statement in five
[733]
years like you would any other kind of
[735]
you know license or so on
[738]
um
[739]
by including debt there is a
[741]
transmitting utility this secures
[744]
the filing for the entirety of your life
[748]
for the time that the debtor
[750]
is transmitting or this for the time
[753]
that you are
[754]
transmitting through the debtor
[756]
essentially is
[758]
how i've come to understand that
[761]
um
[762]
so anyway we're gonna copy that like i
[765]
said
[766]
click
[767]
paste
[769]
this little bar will slide back and
[771]
forth so you can read the whole thing
[774]
make sure that everything is correct
[779]
so once you're done with the collateral
[781]
that's
[782]
pretty much it for the financing
[784]
statement
[786]
normally you would i guess not fill
[789]
these but it does not give you that
[790]
option so you'll click none
[794]
on all of the
[797]
the options
[801]
leave these two boxes blank
[803]
and before you click file initial
[805]
financing statement preview your record
[810]
it'll open the pdf in a separate tab
[814]
and it'll look like this
[816]
where it says file number it says
[818]
preview
[819]
this will actually be a file number once
[821]
you're
[822]
completed once you've completed your
[824]
form
[826]
as you can see here this is the filer
[829]
info that we
[831]
did at the very start of the video
[833]
and
[835]
um so
[836]
the reason the postal code doesn't have
[840]
to be in brackets here it's because
[842]
theoretically these four boxes or these
[846]
four corners which create a box
[848]
well not to mention they're already in a
[850]
box but
[851]
um
[852]
is kind of like a big bracket
[855]
more on that in a maybe different video
[857]
but for the sake of this we're going to
[859]
continue with
[861]
the other sections so in the details
[863]
section
[864]
um
[865]
everything has to be in capitals so we
[868]
want to double check
[869]
secured party section everything
[871]
uppercase lowercase nosdqv
[874]
perfect brackets brackets great
[877]
we want to go through here
[879]
make sure everything is good and just so
[881]
you know here you can put an underscore
[883]
you can make these
[885]
dashes if you want whatever feels good
[887]
for you it's it's as long as this
[890]
section of the number you don't even
[892]
have to put
[894]
any of these there it's it's not that
[897]
specific so
[899]
as long as you have the correct date and
[901]
your initials
[902]
you're good
[904]
but yeah make sure all that's correct
[906]
don't panic um part of your collateral
[909]
will just continue on to this second
[911]
page and in a different font for
[913]
whatever reason
[915]
uh and it'll look like this page two of
[917]
two and again your file number will be
[919]
right there
[920]
so that's it with the preview
[922]
everything's good click file initial
[924]
financing statement now
[927]
you will have
[928]
to pay with the credit card the current
[931]
price is 23 dollars
[934]
usd
[936]
depending on the currency exchange rate
[938]
it's roughly thirty dollars cid so
[942]
that's kind of the
[943]
the gist of that you would click next
[946]
and then fill out your filing
[948]
information or your billing information
[951]
um
[952]
i'm not going to do this i've filed one
[954]
so i will show you what the next screen
[956]
looks like uh in a moment but
[958]
uh yeah this is for you to fill out you
[961]
know include your brackets where you can
[969]
yeah i mean like i would just do it as i
[971]
would on amazon or anything else uh
[974]
don't don't complicate anything don't
[976]
confuse yourself
[977]
just just do it normally
[979]
fill out the information and click pay
[982]
so
[983]
right there
[985]
after
[986]
you click pay
[990]
you will land on a screen that looks
[992]
like this
[996]
uh
[997]
i've blurred out my own information for
[999]
privacy's sake
[1001]
but yes this is the page
[1003]
you will want to click view
[1006]
filing
[1008]
after
[1009]
you've done this
[1012]
this will open up a pdf
[1014]
in a separate
[1015]
tab
[1016]
allowing you to save the document
[1018]
somewhere on your computer maybe on a
[1020]
secure drive somewhere as well as
[1022]
printing a couple copies for your own
[1024]
records which is very important
[1027]
uh aside from that you'll want to print
[1030]
the confirmation page as well just to
[1032]
have for your records
[1034]
and but that's really it congratulations
[1037]
you're officially a secured party
[1039]
creditor like you you've done it
[1042]
um
[1043]
you're essentially the captain of your
[1045]
vessel kind of so to speak
[1048]
um
[1049]
links of course will be in the
[1050]
description below collateral text will
[1053]
be in the description below
[1055]
um
[1056]
and
[1058]
i will be posting more videos in the
[1060]
near future so please subscribe to my
[1062]
channels to receive a notification when
[1064]
i do thank you for watching please like
[1068]
and share this video