Article 9 of the UCC governs secured transactions and regulates the creation and enforcement of security interests.  One of its most important functions is providing the framework for secured lenders to search UCC records. 

 

The purpose of conducting a UCC search is to identify secured creditors, determine which assets are subject to an existing lien, and to understand the relative priorities amongst competing creditors.  However, a UCC search is not the same thing as a credit report, nor is it intended to mimic a Google search that is designed to find as many results as possible.  Bankruptcy trustees are not looking at credit scores to determine which party has first priority over the debtor’s assets - they are searching the UCC records.