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Unsecured Creditors


Why Choose FCS?

No matter that value of your portfolio, the chance of missing an escrow is high. According to the California Corporations Code, unsecured creditors have a 12-day timeframe to submit claims. First Corporate Solutions has been working with Unsecured Creditors for over twenty years to identify meaningful ways to help reduce their risk.

First Corporate Solutions collects and organizes recorded notices and business transfer data and will monitor your account against our data. Our comprehensive self-service (The Pacific Report) and alert notification monitoring programs ensure your full coverage in California.



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Testimonial

"Lien Monitoring by First Corporate Solutions is invaluable to the credit professional who hopes to manage significant changes in the status of important clients. Extending credit always carries inherent risk. Using First Corporate Solutions’ monitoring programs allows me to minimize these risks."

Jack Z., Manager, Trading Company, CA


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Resources

Budget Cuts Lead to Slow Processing Times for Public Records - Try These Tricks to Secure Documents in Time for Closing

Choosing a Service Provider can be a Daunting Task – This Reference Guide Offers 3 Tips to Help You Evaluate Your Options

The Uniform Commercial Code Guides Commercial Transactions in The United States - Read on to Learn More About The Code and Article 9, Secured Transactions

The UCC1 Financing Statement Form is Filed to Give Constructive Notice of a Secured Party’s Interest in a Debtor’s Property - Read on to Learn About What Information is Required on The Form

The Secured Party, Not Filing Officer is Responsible for Accuracy and Completeness of a UCC Financing Statement

UCC Filing Mistakes Can Jeopardize a Lender’s Ability to Collect on a Bad Debt - Watch Out For These Common Mistakes on Financing Statements

UCC Filing Mistakes Can Jeopardize a Lender’s Ability to Collect on a Bad Debt - Watch Out For These Common Mistakes on Change Statements

A Lapsed Filing Can Cost a Secured Party Their Priority Position to Collect - Follow These Steps to Guarantee Timely Filing of Continuations

A Lapsed Filing Statement Cannot be Revived, But You Do Have Options - Read on to Learn About What You Can do to Minimize Your Risk in the Event of an Accidentally Lapsed UCC

Don’t Panic – You Have Options When Dealing With Fraudulently Filed Terminations

Sole Proprietorships are Considered Individuals, Not Businesses in the Eyes of the Uniform Commercial Code

Rejected UCC Filings are Costly and Inconvenient, but a Filing Accepted with Errors Can Be Even More Dangerous

Keep Your UCC Filing Costs Down by Adopting Some or All of The Best Practices Discussed in This Reference Guide

UCCs Filed with a Trade Name Attached to the Business Name May Fail to Properly Identify the Debtor under Revised Article 9

Rejected Filings Cost Secured Parties Time and Money - Follow These Simple Steps to Avoid Rejection of Your UCC Filings

A UCC is Only Perfected if it Gets the Debtor Name Right - This Guide Provides Information on Determining the Correct Name for UCC Filings on Business Debtors

Collateral Statements are Often Included as Attachment Pages for UCC Financing Statements - This Guide Discusses the Dangers of Missing Attachments

E-Filed UCC Documents May Undergo Minor Formatting Changes - Read on to Learn What Kind of Changes You Can Expect

There Are a Few Occasions Where a UCC Record with a Corresponding Termination Statement Can Still Be Effective – This Reference Guide Provides Information on These Cases

It is Important to Search All Names Under Which Liens Could be Filed - This Reference Guide Provides Information on Determining What Party Names to Search

Manage and Mitigate Your Risk With a Comprehensive Due Diligence Search Package

Searching the Correct Filing Offices Helps Avoid Surprise Liens

Follow These Simple Searching Tips to Improve the Quality of Your Lien Searching Efforts

UCC Search Reports Vary in Appearance and Contain Different Information Depending on the Data Source - This Reference Guide Provides Tips for Interpreting UCC Search Results

For the Greatest Peace of Mind, Look for UCC Search Solutions That Reveal Similar Names

Before Using Any Online UCC and Lien Search System, be Sure to Evaluate it Carefully to Understand Its Limitations

Tax Lien and Judgment Lien Searches are a Critical Part of a Thorough Due Diligence Investigation

Save Time by Letting Your Searcher Know up Front if You Expect Hits on a Lien Search

The Sooner a Creditor Knows About a Lien, the Sooner They Can Act to Protect Their Interests - Lien Monitoring Programs Provide Early Notification of Potential Credit Risks

A Search to Reflect Confirms Proper Indexing of a UCC Filing and Verifies its Position Relative to Other Creditors

A Search to Reflect is a Critical Final Step in Your UCC Filing Process. This Reference Guide Provides Information on How Long to Wait After Filing a UCC to Order a Reflective Search

Don’t Cut Corners in Your Lien Searches, Incorporate These Cost Saving Strategies to Keep Due Diligence Costs Down

Watch Out for Exact Name Lien Searches - This Guide Discusses Why it is a Good Idea to Include Name Variations in Your Lien Searches

The Uniform Commercial Code Establishes Guidelines for Where UCCs are to be Filed - Save Time and Money by Performing Focused UCC Searches

Broad Based Name Searching Features are Powerful Tools That Help Searchers Uncover Name Variations and Locate Mis-Indexed Filings

High Copy Costs Can Inflate Diligence Invoices - This Guide Discusses Strategies for Keeping Copy Costs Down

The Fees Associated with Due Diligence Searches Can be Confusing - This Guide Offers Information on What Fees You Can Typically Expect

State-Level Only Monitoring Programs Only Tell Part of the Story - This Guide Discusses the Importance of Monitoring for Liens at the County-Level

A UCC Search Might Show UCCs Filed Beyond the Search’s Through Date - This Guide Discusses Why

This Guide Discusses Maximizing Lien Search Results as a Strategy for Uncovering Hidden Lien and Locating Critical Filings Under Name Variations


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Testimonial
I'm happy to say that everything is going very well with First Corporate Solutions. I've had the opportunity to use the services of your Delaware office and my account manager has been very helpful each time. The documents are filed on the same day, I get a response within the hour that my documents have been received by your staff and the price for doing the work is very reasonable.

Bruce C., Senior Paralegal, Chicago Law Firm, IL
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