"FCS online system really helped us manage our transactions and cut costs. I get what I need at my fingertips, accurately and easily. And when I need to contact someone there’s always an actual person who responds."
Natalie M., Credit Manager, National Bank, Chicago, IL
"FCS educational resources are simply the best in the industry. I have downloaded numerous articles from their resources library and I keep on coming back for more."
Margie S., Paralegal, Fortune 500 Law Firm, Los Angeles, CA
Our mission is to blend technology and personalized customer service to deliver the most responsive, efficient and accurate risk mitigation solutions.
"FCS online system really helped us manage our transactions and cut costs. I get what I need at my fingertips, accurately and easily. And when I need to contact someone there’s always an actual person who responds."
Natalie M., Credit Manager, National Bank, Chicago, IL
Reference Guide
Take advantage of our educational resources designed to help you navigate the world of due diligence and risk management
Secured Party vs. Filing Officer Responsibilities
Financing statements are filed as a means to protect a creditor’s investment and give them a mechanism to collect should the debtor default. A filed UCC Financing Statement, however, is not necessarily enough.
To provide priority protection for the creditor, the UCC1 must be properly filed in accordance with the Uniform Commercial Code and the specific rules of the jurisdiction’s filing office.
Since only a properly filed UCC will perfect a security interest, it can raise the questions of responsibility.
Download this guide to to help you determine who is responsible for making sure a UCC document is properly filed.
Request Guide