Quote:
Originally Posted by Peter_Spaeth
I don't see any risk other than there can always be wrong decisions and there can always be a hassle when one is dealing with bankruptcy courts. If the law is applied correctly, your stored cards should not become assets of the debtor's estate subject to creditor claims, even without a UCC-1.
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And exactly why I said I agree with you. But in the case of say a bankruptcy, there can end up being some confusion as to what items really belong to whom, and no telling how long you might have to wait to get things sorted out and items returned to their rightful owners. The UCC filing could prove helpful if issues or delays do come up, or ownership questions arise. It can't hurt.