Resource Guide for Legal and Financial Professionals
With the Business Entity Form Changes in California, the following forms have been revised. The prior version of these forms will remain acceptable for filing, but will no longer be available on the California Secretary of State website. These revised forms can be filed on or after January 2, 2014. To get the revised forms, go to www.sos.ca.gov/business/be/forms.htm: Business Entities Fee Schedule Form LLC-3 (Certificate of… >> READ MORE
It's time to refresh your UCC knowledge! Join us this week for a practical overview of common UCC filing mistakes. An Insider's Guide to Avoid UCC Filing Mistakes Duration: 30 Minutes What Will You Learn? Join us for a practical overview of common mistakes that occur on UCC filings and tips for how to avoid them. Designed for beginning-level UCC filers, this 30 minute presentation discusses errors that result in rejection as well… >> READ MORE
Some filing offices will place a file number stamp or sticker on each page of a filed instrument, though most do not. Ordering a Search to Reflect to include copies of filed documents can confirm that the attachment pages were filed along with the face page. Questions? Contact First Corporate Solutions Free Reference Materials Visit our free reference library to download reference guides and other resource materials on UCC &… >> READ MORE
It's time to refresh your UCC knowledge! Join us this week for a presentation on perfecting and maintaining a security interest by attorney Michael Weissman. Perfecting and Maintaining a Security Interest, Traps for the Unwary Speaker: Attorney Michael Weissman What Will You Learn? This sixty-minute intermediate to advanced-level presentation exposes traps for the unwary when attempting to perfect and maintain a security interest.… >> READ MORE
It's time to refresh your lien knowledge. Join us this week to learn more about lien priority. The Basics of Lien Priority Duration: 60 Minutes Webinar Description Mastery of lien priority is critical in today’s high stakes, fast-paced world of commercial transactions. Whether you’re new to the industry or an industry veteran, you won’t want to miss this presentation by Texas attorney Bradley B. Clark on lien priority. Questions? Contact… >> READ MORE
We are delighted to announce we have expanded our online UCC and lien search system to include Arkansas, Maine, Vermont and Wyoming. Starting Monday, March 31, active users may log on to ficoso.com and search our reliable data obtained directly from the states. These new states add 1,407,279 UCC and lien documents to our online system. Use our broad-based search engine to locate liens by debtor name or file number, then use our… >> READ MORE
The simple purpose of UCC and lien searching is to minimize your lending risk by accurately informing your lending decisions. UCC and lien searching is not a black or white process, however; the quality of your search results plays a essential role in helping you to determine that risk. If for any reason your search results are inaccurate or incomplete, your effectiveness in mitigating your lending risk is diminished. Read on for tips… >> READ MORE
In honor of the 2014 Factoring Conference, we compiled some of our favorite tips on choosing a lien monitoring solution, a service that all asset-based lenders and factors need to help mitigate risk. Here is a quick ‘stress test’ you can give your lien monitoring approach to see if it’s up to scratch. Does your lien monitoring program… Quickly Alert You of Federal Tax Lien Filings? Many creditors consider Federal Tax Liens the… >> READ MORE
We have previously posted several tips on how to avoid errors when filing a UCC1 Financing Statement, and in this blog post we've rounded up some of the most common mistakes. Submitting a UCC1 Financing Statements with mistakes may have legal consequences, so double check your filing for any of the errors listed below to minimize your risk. 1. Failing to file under the exact legal name A UCC filing must properly identify the debtor… >> READ MORE
Legal professionals have always endured demanding workloads, strict deadlines and fast-paced environments. Technology has advanced rapidly over the last several years, offering new virtual channels for legal professionals to manage their workloads. We have spotted a few trends and tools from the legal industry and compiled them here. Tools Increasing efficiency and maintaining security are top of mind issues for legal professionals.… >> READ MORE