Enforcement

The Uniform Commercial Code (UCC) does not end at dishonor. Once default is established, the rules of enforcement begin.

Enforcement is where liability becomes remedy.

Rights After Default (UCC § 9-601)

When a party is in default:

• The Secured Party or claimant may enforce the obligation.

• Remedies include damages, setoff, foreclosure, or liens.

• Enforcement can occur in or out of court.

Read UCC § 9-601 at Cornell LII

Secured Party Remedies (UCC § 9-609)

Once default is established:

• A secured party may take possession of collateral.

• A secured party may dispose of or use collateral to satisfy the claim.

• A secured party may restrict further use of the collateral by the debtor.

Read UCC § 9-609 at Cornell LII

Enforcement Tools

• Commercial Liens — Record of debt secured against assets.

• Affidavits of Default — Sworn statements of dishonor and unrebutted claims.

• True Bills & Ledgers — Documentation of damages and penalties accruing.

• Public Record — Default logged in the Dishonor Ledger for all to see.

Why Enforcement Matters

• Dishonor is not theoretical. It has real commercial consequences. Once recorded, defaults can be pursued for remedy in multiple ways — through courts, through liens, and through private contracts.

• The UCC ensures that no actor — corporate or governmental — can escape liability once they dishonor.

• Enforcement = Remedy. Default = Liability. The Ledger = Proof.