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Chapter 5
Practice Notes
Forms
§ 5.1 Caveats Regarding Self-Help Repossession
§ 5.2 Repossession Statutes
§ 5.3 Constitutionality
§ 5.4 Considerations in Choosing Self-Help Repossession or Judicial Foreclosure
§ 5.11 Security Interest
§ 5.12 Agreement Regarding Self-Help Repossession
§ 5.13 Agreement Regarding Assembly of Collateral by Debtor
§ 5.21 Breach of Peace
§ 5.22 Conversion of Nonsecured Property
§ 5.23 Practical Considerations in Self-Help Repossession
§ 5.31 Notice
§ 5.32 Commercial Reasonableness of Sale
§ 5.33 Right to Redeem Collateral
§ 5.34 Application of Proceeds of Sale
§ 5.35 UCC Notice Requirements to Guarantors
§ 5.36 Notice to Taxing Authorities of Sale of Collateral
§ 5.37 Purchase of Property by Creditor
§ 5.38 Disposition of Collateral by Methods Other Than Sale
§ 5.39 Retention of Collateral in Satisfaction of Debt
§ 5.40 Penalties for Failure to Comply with Chapter 9
§ 5.51 Reclamation (UCC Article 2)
§ 5.52 Leases
5-1 UCC1 Financing Statement
5-2 Letter Requiring Debtor to Assemble Collateral at Convenient Location
5-3 Notification of Disposition of Collateral
5-4 Notice of Our Plan to Sell Property
5-5 Letter to Debtor Giving Notice of Default and Intent to Accelerate
5-6 Letter to Debtor Giving Notice of Acceleration
5-7 Newspaper Notice of Public Sale
5-8 Letter to Debtor Giving Notice of Deficiency after Sale
5-9 Letter Notifying Internal Revenue Service of Intention to Sell Collateral
5-10 Letter to Debtor Giving Notice of Intent to Retain Collateral in Satisfaction of Debt
Form5-6
5 Repossession
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