Need to obtain information on a UCC filing ASAP? Attorneys Corporation Service, Inc. has your solution: our quick and accurate UCC (Uniform Commercial Code-1) filing search. Required under Article 9 of the UCC, our clients (attorneys, CPAs, enrolled agents, and other licensed professionals) regularly request UCC Filings for their clients businesses, both small and large.
A UCC filing is a financial statement submitted to the Secretary of State that details your client’s corporate cash flow, internal rates of return, and balance sheets.
When your client’s personal business assets are used as collateral for borrowing, a UCC-1 statement is prepared, signed, and filed; creating a secured loan. The filing creates a lien against the the property and your client must pay off the debt before disposing of the property. The lien is registered in the state in which the business is located.
A UCC filing search is required before you and your client decide to obtain a secured loan. We will perform a lien search on your behalf, ensuring that no other UCC-1s are filed against the piece of collateral potentially being financed. If several lenders have filed UCC-1s against the same piece of collateral, the one that shows the oldest file date/time stamp on it is considered the 1st lien.
Priority of a lien is determined by the date/time it is received at the Secretary of State’s office.
Let us help you protect yourself and your client. Our UCC filing specialists can handle your UCC, Tax Lien, and Judgment needs at the state of local jurisdiction level. Within a matter of 24 hours, our searches will provide you with the most current and accurate information available. Attorneys Corporation Service, Inc. has simplified the filing request process by allowing you to submit your requests via fax, email, or internet.
Call or visit us online TODAY. We will help you will your UCC filing needs.