Risk Management Blog

UCC & Corporate Due Diligence

Resource Guide for Legal and Financial Professionals

Join the First Corporate Solutions User Group on LinkedIn

Services / System Update

photo © 2010 Coletivo Mambembe | more info (via: Wylio) This week, we take a short break from our blog series on evaluating state UCC search options to invite our readers to join the First Corporate Solutions User Group on LinkedIn! This group is designed to be an online meeting place for First Corporate Solutions (FCS) customers, prospects, current and former employees as well as peer organizations offering due diligence and risk…READ MORE

Evaluating State UCC Search Options Series # 2: Drawbacks of a Certified Search

UCC, Due Diligence

Welcome back for the second installment of our blog series on evaluating state UCC search options! Last week we defined a certified search and talked a bit about the benefits of state-certified UCC searches. This week, we’ll touch on the drawbacks of a certified search. Locating Tax Liens The first potential problem with a certified UCC search relates to locating tax liens. Many state filing offices administer tax lien records…READ MORE

Evaluating State UCC Search Options Series # 1: Benefits of a Certified Search

UCC, Due Diligence

Deciding what data sources to trust is the first step in securing high-quality dependable search results. Over the next several weeks, we will be looking at the various search options that are available for state level UCC searches and discussing the benefits and drawbacks of each. The goal is that for our readers to gain a good understanding of their options and be able determine with confidence what source(s) best satisfy their…READ MORE

Three Good Reasons to Hire a Service Company to Perform Your UCC Searches

UCC, Due Diligence

There is a variety of options available for the web-savvy individual to perform their own UCC searches. Many state and county filing offices now provide a searchable index at low to no cost on their websites and private service companies purchase lien data in bulk to create and maintain their own online search systems. So, why would anyone hire a professional to search for UCCs these days? Herein, we offer three good reasons to hire a service…READ MORE

Tax Lien Searching Blog Series Part Three: Reviewing Tax Lien Search Results

UCC, Due Diligence

In this, our final installment of the Tax Lien Searching blog series, we offer up some tips for making sense of your tax lien search results. What follows is a brief discussion of three important considerations when reviewing tax lien search results. Lien Amount Tax liens are filed for a specific dollar amount, representing the past-due tax balance and any interest or penalty charges assessed at the time of the lien’s preparation.…READ MORE