Checklist: Choose The Right Title Search Company
March 15, 2018
Due Diligence, Reduce Financial Risk, Tips, Title Related Topics
When you need a title search, there is a checklist of vital questions to consider before choosing a title search company to fulfill your title search need. Title reporting is an intricate and detailed process. To accurately inform your decision making, experience and expert know-how are required to craft a comprehensive report worthy of your trust.
So what should you look for in a Title Search Company?
Reliability - Is the Title…READ MORE
FCS Releases Michigan and Tennessee Data to Online UCC & Lien State Search System
March 08, 2018
UCC, Services / System Update, Online UCC System, Product Update
First Corporate Solutions (FCS) is excited to announce the release of Michigan and Tennessee data to our online UCC search system. Effective immediately, active online users can search our reliable and current indices for Michigan and Tennessee data utilizing FCS’ state-of-the-art search engine designed to uncover name variations and potential hidden liens. Complementing this is our expert and experienced staff of dedicated account…READ MORE
Tips For Lien Searching: Who, What, Where
February 28, 2018
UCC, Online UCC System, Due Diligence, Reduce Financial Risk, Tips
Your due diligence calls for lien searches. Who should you target? What lien types should you search for? Where should you search for them? These are all fundamental questions whose answers help you better uncover your prospect’s financial situation and better evaluate their credit worthiness.
You know it’s important to search the public record, to uncover existing financial obligations and encumbrances, to learn and know a prospect’s…READ MORE
Avoid Rejections On Your UCC And Corporate Filings
February 22, 2018
UCC, Corporate, Due Diligence, Tips
You’ve done your due diligence. Your ducks are all lined up. Now you just need to file your UCC and/or corporate documents. It’s just a technicality, right? The heavy lifting is done.
And then your filing gets rejected! What happened?
It could be any number of things, depending on the filing office you’re interacting with, but one thing is for sure: rejected filings cost secured parties time and money.
Below are some tips…READ MORE
Are All API For UCC Alike?
February 08, 2018
UCC, Due Diligence, Reduce Financial Risk
In a word, no.
The emergence of API for UCC with its increased efficiency and enhanced compliance capability has already occurred and the implementation is spreading. UCC data and portfolio management providers have moved quickly to develop API for UCC and it is now another technology driven differentiator added to their UCC due diligence packages.
Much like how UCC portfolio managers and search engines vary in effectiveness and efficiency,…READ MORE
API for UCC – Enhance Compliance And Streamline Workflow
February 01, 2018
UCC, Online UCC System, Product Update, Due Diligence, Reduce Financial Risk
Are you a secured party? Want to improve and streamline your UCC perfection process?
You can! Enhance your compliance practices by eliminating the need to re-enter UCC information, and streamline your workflow by minimizing keystrokes, all at the same time.
With Direct B2B Interfaces for UCC transactions…API for UCC. This technology allows you to connect your business line software directly to reliable, fast, and accurate…READ MORE
Tips To Determine Your Corporate Name Nationwide (Part II)
January 25, 2018
Corporate, Due Diligence, Tips
This is Part II of our two-part blog on Corporate Names: Tips To Determine Your Corporate Name Nationwide. We re-posted Part I in last week’s blog that discussed Corporate Name Availability in more detail. Today we share some tips on Name Reservation vs. Name Registration.
Name Reservation. This is generally a document and filing fee submitted to a Secretary of State office, or just a fee paid. A Name Reservation can hold your name…READ MORE
Tips To Determine Your Corporate Name Nationwide (Part I)
January 18, 2018
Please enjoy this popular and informative re-post from a previous blog: Tips To Determine Your Corporate Name Nationwide (Part I). We will re-post Part II next week.
Perfecting your registration or qualification with all Secretary of State Offices under the same name is important for many reasons. Most companies want name consistency in all the states they are registered or qualified to do business. Name consistency in each state…READ MORE
California SB 2 Update On Varying County Requirements
January 11, 2018
UCC, Legislation, Due Diligence, Title Related Topics
As California SB 2 has been rolled out, its implementation has created varying applications county to county. All of you recording documents in California counties are very aware of this new reality.
Here’s a quick look at what SB2 is and what it does.
To further assist you, below are updates and requests from various County Recorders regarding California SB 2.
I. The below counties require a wet signature, under penalty of perjury,…READ MORE
Big Changes In Illinois: New Centralized State Tax Lien Registry Created
December 28, 2017
UCC, Corporate, Legislation, Due Diligence
Effective in Illinois on January 1, 2018, the State Tax Lien Registration Act will change how state tax liens are filed there. It will create one centralized State Tax Lien Registry for filing notices of tax liens in favor of or enforced by the Illinois Department of Revenue, who will manage the new registry.
Currently, state tax liens in Illinois are filed by the Illinois Department of Revenue for unpaid taxes at appropriate county recorder…READ MORE