Legal Question in Personal Injury in Illinois

No. First there is no such thing as a "UCC Lien". However, a UCC financing statement is a security instrument that identifies collateral that is like a mortgage on personal property and is granted by a debtor under a security agreement related to the financing of the property being given as collateral.

The response given is not intended to create, nor does it create an ongoing duty to respond to questions. The response does not form an attorney-client relationship, nor is it intended to be anything other than the educated opinion of the author. It should not be relied upon as legal advice. The response given is based upon the limited facts provided by the person asking the question. To the extent additional or different facts exist, the response might possibly change. Attorney is licensed to practice law only in the State of Illinois. Responses are based solely on Illinois law unless stated otherwise.

No.