Lauren, a creditor, did not file a financing statement because her security interest in the collateral had not yet attached and she believed she had to wait, under the law, until after attachment Was Lauren correct A Yes Attachment must take place before perfection B No Creditors often file financing statements before attachment because they want to make sure that their security interest is perfected immediately upon attachment

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Question: Lauren, a creditor, did not file a financing statement because her security interest in the collateral had not yet attached and she believed she had

Lauren, a creditor, did not file a financing statement because her security interest in the collateral had not yet attached and she believed she had to wait, under the law, until after attachment. Was Lauren correct?

.

Yes. Attachment must take place before perfection.

.

.

Creditors often file financing statements before attachment because they want to make sure that their security interest is perfected immediately upon attachment.

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