America is a country in debt. Forget debt racked up by the federal, state and local governments. American citizens, ordinary people, are saddled with crushing debts that amount to a form of slavery. But what is the solution? Higher wages for Americans? Lower taxes? While these may bring relief to some, they don’t get to the root of the problem. What must be addressed goes beyond bank balances and into the realm of personal financial sovereignty. An unexpected tool to get there can be found in the Uniform Commecial Code and UCC fillings. Surprised? You are not alone.

How people get into debt is less important. Some people brought debt on themselves by refusing to live within their limits. Others have fallen victim to predatory lending practices. Some just need help trying to eliminate credit card debt. Many, however, are caught in the intentional confusion of an overly complex financial system. They make decisions not knowing the consequences, or how to get out of the hole they find themselves in.

Relief from debt is a real concern for many people, and they often mistakenly believe they just need more money. Financial freedom does not come from facing bills, fines, fees or debts and having enough cash on hand to pay them. It comes from understanding the real relationship of creditors and debtors in American financial systems, and where you fit in. It is also about understanding the difference between civil and common law; vitally important concepts that most people never even give a second thought.

Many people find themselves victim of contracts and other commercial transactions that have unintended consequences. By signing them, people are often tricked into giving up their rights and commit themselves to financial obligations they were unaware of.

This is where a UCC filing can come in. Sections of the Universal Commercial Code such as UCC-1-308 can help people find relief from unexpectedly giving up their rights. Understanding the importance of language such as “all rights reserved without prejudice” can have profound impacts on how one’s financial matters are handled. This can be used to help gain relief from unjust fees and bills. But finding out how to seek protection with a UCC filing can be a daunting task.

The Internet is a vast pool of information, but some of that information is more reliable than others. Unless you plan on reading mountains of dry legal texts to understand your rights, it helps to find people who can help guide you. This is especially important, as filling out UCC-1 forms are no small matter. In many cases, improper filing can lead to a felony conviction. For this reason, it is important to know the facts and potentially find someone to help you understand the potential benefits and pitfalls of filing.

For many people concerned with UCC filing for debt relief, it isn’t a matter of bank balances. It is about reestablishing your personal financial sovereignty. By gaining more information about your personal standing in relation to your state and federal governments, you can find a path to increased control over your finances, and ultimately regaining true financial sovereignty that was originally intended by common law.