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Some may wonder, what is a UCC sale? In certain instances, lenders will make loans secured by both real and personal property; other times, the loans may be secured only by personal property.  When secured by both types of properties, the lender has the ability to conduct what is called a “unified” sale where the foreclosure process culminates with a single sale of both the real and personal property.  This mostly occurs in complex commercial transactions.  When personal property is the only collateral, however, the lender can use the provisions of the Uniform Commercial Code (UCC Sale) to sell the personal property at an auction.

 

Although the UCC permits both private and public sales, Total Lender Solutions can assist a lender with a public sale conducted in a commercially reasonable manner in order to protect the interests of both the lender and borrower. With our thirty plus years of experience here at TLS, we are alway available to help!! Call our office to find out more information about our services (858) 535- 3736.

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LET US HELP YOU WITH YOUR FORECLOSURE PROCESSING

The complexities of the multitude of laws affecting the foreclosure process on both the state and federal levels can be daunting.

With over 30 years’ experience, the experts at Total Lender Solutions are well suited to guide you through the process. As certified trustee sales officers by the United Trustees’ Association, we bring the highest level of expertise to the non-judicial foreclosure process.

Submit your information, or call us today at (866) 535-3736 to see what Total Lender Solutions can do for you..

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LET US HELP YOU WITH YOUR FORECLOSURE PROCESSING

The complexities of the multitude of laws affecting the foreclosure process on both the state and federal levels can be daunting.

Submit your information, or call us today at (866) 535-3736 to see what Total Lender Solutions can do for you.

You have Successfully Subscribed!

LET US HELP YOU WITH YOUR DOCUMENT PREPARATION

With the ever-changing regulatory landscape, the experts at Total Lender Solutions can prepare enforceable documents that meet current standards.

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LET US HELP YOU WITH YOUR UCC SALES

Total Lender Solutions assists lenders to conduct public sales in a commercially reasonable manner so the interests of both the lender and borrower are protected.

Submit your information, or call us today at (866) 535-3736 to see what Total Lender Solutions can do for you.

You have Successfully Subscribed!