Risk Management Blog

UCC & Corporate Due Diligence

Resource Guide for Legal and Financial Professionals

First Corporate Solutions introduces new results reports, enhances client communication

Services / System Update

First Corporate Solutions (FCS) began circulating newly designed customer results reports last week. The enhanced reports feature a sleek new look and more in depth reporting of findings. The updated report style is designed to communicate public records findings to our lending, legal and wholesale customers with improved clarity while maintaining the accuracy and integrity customers have come to expect from FCS. Each new report contains…READ MORE

State of Emergency Declared in Delaware

Services / System Update

2/12/2010 Update: First Corporate Solutions' Delaware Branch Office is open today and businesses are back to normal. Due to severe snowstorm in Delaware, First Corporate Solutions' Delaware Branch Office is closed today (2/11/2010).  Please contact our California office at 800.406.1577 or at www.ficoso.com if you have any questions. From our Delaware Branch Staff: For those of us located in the Mid-Atlantic Region, this…READ MORE

Protect yourself from mis-indexed UCC Filings and Surprise Creditors by ordering a Search to Reflect

UCC, Due Diligence

In order to perfect their security interest, secured parties should file  their financing statements swiftly, on the correct debtor names and in the appropriate filing office. A diligent secured party’s efforts, however, do not end once the filing office acknowledges acceptance of their financing statement. Experienced filers know that at that point they need to initiate a post filing verification search, more commonly known as a “search…READ MORE