Warning: Some posts on this platform may contain adult material intended for mature audiences only. Viewer discretion is advised. By clicking ‘Continue’, you confirm that you are 18 years or older and consent to viewing explicit content.
A UCC-1 is a lien form filed to protect collateral. A lot of times they’re filed by a bank against a business that borrowed from them, for instance if a farm takes out a loan for a new tractor, the bank will file a UCC-1 with that tractor as collateral. If the farm stops making payments, the bank can use the UCC-1 as proof that they can repossess the tractor. Anybody can file the UCC-1, but most people don’t because they have no reason to.
AAA is the American Automobile Association. It’s basically a club that anyone can join and they offer insurance, roadside assistance, things like that. I don’t know if they still act as a travel agency or offer maps like they used to, but I think they still offer discounts to travel destinations. They are a private organization not affiliated with the government.
I’m not sure what NFCU is. My guess is Navy Federal Credit Union where I’m guessing he banks?
A 1099 is a form used to file federal taxes. It’s usually used by independent contractors such as Uber drivers. It’s similar to how hourly and salary employees file a 1040, and some people have to file both.
A UCC-1 is a lien form filed to protect collateral. A lot of times they’re filed by a bank against a business that borrowed from them, for instance if a farm takes out a loan for a new tractor, the bank will file a UCC-1 with that tractor as collateral. If the farm stops making payments, the bank can use the UCC-1 as proof that they can repossess the tractor. Anybody can file the UCC-1, but most people don’t because they have no reason to.
AAA is the American Automobile Association. It’s basically a club that anyone can join and they offer insurance, roadside assistance, things like that. I don’t know if they still act as a travel agency or offer maps like they used to, but I think they still offer discounts to travel destinations. They are a private organization not affiliated with the government.
I’m not sure what NFCU is. My guess is Navy Federal Credit Union where I’m guessing he banks?
A 1099 is a form used to file federal taxes. It’s usually used by independent contractors such as Uber drivers. It’s similar to how hourly and salary employees file a 1040, and some people have to file both.
Yep Navy Fed cred union, guy is a vet surprise surprise