Risk Management Blog

In previous blog posts, we have discussed the importance of searching for tax liens as part of a standard pre-funding due diligence investigation. To recap, there are two main reasons why it is critical to search for tax liens. First, tax liens are a factor in determining priority of claims and secondly, they are involuntary in nature, meaning that a debtor may not even be aware of a lien’s existence. As with any public record search,… >> READ MORE

As many of you are probably aware, state filing offices are in the process of reviewing and approving a set of proposed amendments to Revised Article 9 (RA9) of the Uniform Commercial Code. The proposed changes are designed to bring about increased consistency between filing offices and to offer answers to some questions that have been raised in the courts since RA9’s adoption back in 2001. As we have discussed on this blog on several… >> READ MORE

First Corporate Solutions sales representatives and service staff are asked a lot questions about UCC filings. This month, First Corporate Solutions decided to take to the blog to answer some of our most commonly asked questions regarding UCC filings. Each week this month we have been posting 2-3 questions posed by First Corporate Solutions customers and prospects. See here and here for our previous UCC Filing Questions posts. Here… >> READ MORE

Preparing and filing UCC documents can be confusing, especially for those who are just starting out. This month, First Corporate Solutions has decided to take to the blog to answer some of our most commonly asked questions regarding UCC filings. Each week this month, we will post 2-3 questions posed by First Corporate Solutions customers and prospects. QUESTION: If a UCC is filed with attachment pages, will the acknowledgement copy contain… >> READ MORE

As public records experts, First Corporate Solutions encounters a lot of questions about UCC filings. This month we have decided to take to the blog to answer some of our most commonly asked questions regarding UCC filings. Each week this month, we will post 2-3 questions posed by First Corporate Solutions customers and prospects. Check last week’s post for answers to three of the most commonly asked questions https://ficoso.com/ucc/answers-to-common-ucc-filing-questions-series-part-one/… >> READ MORE

We are pleased to announce that we have released Indiana to our online search system. Active users can log on now to www.ficoso.com and search our reliable state-direct Indiana data complemented by an expansive library of clear, downloadable document images. Utilize our broad-based search engine to locate liens by debtor name or file number, then use our unique sorting and filtering features to create a customized search result,… >> READ MORE

This month, First Corporate Solutions decided to take to the blog to answer a few of our most commonly asked questions regarding UCC filings. Each week we have been posting 2-3 questions posed by First Corporate Solutions customers and prospects. This week represents our final blog post in the UCC Filing Questions Series. Here are this week’s questions and answers: Question: I’ve noticed that some states insert zeroes or a… >> READ MORE

As 2011 draws to a close, First Corporate Solutions is taking to our blog to offer suggestions for how our readers can decrease their spending for due diligence related tasks in the upcoming year. Last week, we discussed strategies for reducing the costs for lien searches while this week we tackle UCC filings. Herein, we share a couple of simple changes you can make to reduce your UCC filing costs. File Electronically One of the most… >> READ MORE

When performing lien searches as part of a pre-funding due diligence investigation, it is critical to have the results of your search in hand as soon as possible. Competition for deals is fierce and borrowers are looking for quick funding solutions. Slow turn-around time for lien searches can extend your funding cycle and can frustrate prospective clients. This week, First Corporate Solutions begins a four part blog series where we will… >> READ MORE

As you may have heard, First Corporate Solutions recently released Wisconsin to our online search system. To coincide with the launch, we thought it would be interesting to share a behind the scenes look at the kind of analysis we perform before bring a new search state online. First Corporate Solutions is committed to providing our customers with anytime, anywhere access to the highest quality, most up-to-date search data available.… >> READ MORE