Top 5 Misconceptions About UCC & Corporate Due Diligence Series # 2: No Need to Order a Nationwide UCC Search
UCC, Corporate, Due Diligence
This week we tackle another common misconception relating to UCC and corporate due diligence: the need for a nationwide UCC search. On occasion, one of our customers will request a nationwide UCC search, meaning they want a search to reflect any UCCs against their party that were filed anywhere in the nation.
These searchers have the right idea: be diligent to find out as much as possible about your prospect’s existing financial obligations…READ MORE
Top 5 Misconceptions About UCC and Corporate Due Diligence Series # 1: Bylaws and Operating Agreements Not Filed With State Filing Office
UCC, Corporate, Due Diligence
This week we begin a brand new blog series where we will debunk five of the most common misconceptions relating to UCC and corporate due diligence. Over the next few weeks, we will clear up common areas of confusion on corporate filings, lien searching and more!
Our customer service account managers regularly receive phone calls from prospective customers who would like to retrieve a copy of a corporation’s bylaws (or operating agreement…READ MORE
Three Phases of Due Diligence Series – Phase Three: Post-Filing
UCC, Due Diligence
In phase three of the due diligence cycle, a lender seeks to maintain their priority by managing post-closing events that can jeopardize their ability to collect. Herein we offer several strategies for maintaining priority after filing a UCC Financing Statement.
Perform a Search to Reflect
A search to reflect is a UCC records search of the office where you filed, after your document has posted to the index. A search to reflect…READ MORE