Blog - Lien Solutions

Holistic Lien Management

Written by Skip Lafon
Date April 2018

As a lending professional, it’s your job to ensure your company’s assets are protected with each loan it makes. As we’ve learned in Lien Management and Monitoring and Auto Continuation of this lien management primer series, that can be a real test. However, we’ve also discovered it doesn’t have to be difficult if you find the right partner that can provide automated solutions and guidance to overcome challenges.

 

Due Diligence is Not Optional

Written by Lien Solutions
Date April 2018

Here at Lien Solutions, we work with our customers every day to make due diligence easier to perform. While it can be a tedious task at times, there is a reason we place so much emphasis on this step in the lien management process, and another legal decision – In Solutions v. Success Grain, 2018 U.S. Dist. LEXIS 55684 – has made the reason for that emphasis even more clear.

 

Monitoring and Auto Continuation – Key Components of any Lien Management System

Written by Skip Lafon
Date April 2018

Proper lien management of your loan portfolio doesn’t have to be an onerous chore. In fact, employing proper lien management practices offers the lender many risk management and workflow efficiency benefits at each step of the loan lifecycle.

 

Simplifying Titling with Tax and Fee Estimates Webinar Available

Written by Lien Solutions
Date March 2018

Wolters Kluwer’s Lien Solutions is excited to share the following webinar called Simplifying Titling with Tax and Fee Estimates.  It provides a detailed look at how tax and fee estimates can streamline your motor vehicle title management program.

 

Does a factoring agreement create an interest in after-acquired property?

Written by Lien Solutions
Date March 2018

In most UCC-related activity, there are four main components at play: The borrower, the lender, the collateral, and the jurisdiction. Simple and universal, except when it’s not.

 

When even the right name is wrong on a financing statement

Written by Lien Solutions
Date March 2018

In 2013, the 2010 Amendments to Article 9 took effect. Among other provisions, the amendments provide that a driver’s license (or state-issued I.D.) is the correct source for determining an individual debtor’s name for a financing statement. With the idea of there being an exception for everything in mind, a recent court case was faced with the question of what to do if the driver’s license has two names on it.

 

State Tax Lien Searches & Lien Registries

Written by Lien Solutions
Date February 2018

It’s your prerogative, as a lender, to learn as much as you can about a potential borrower’s finances before you offer terms and finalize a loan. You get this information through due diligence, which involves searching for claims on the person or business’s property. If you’re going to become their creditor, you want to make […]

 

Importance of the Correct Debtor Name in Agricultural Liens

Written by Lien Solutions
Date January 2018

A recent Texas court case once more brought to light the significance of getting the name of a debtor correct on an agricultural lien UCC filing. The decision, which came in December of 2017, found that information added to the debtor’s name rendered financing statement seriously misleading.

 

Blockchain 101 Part 3 – From Theory to Action

Written by Lien Solutions
Date January 2018
In News

Blockchain technology has a lot of promise to streamline and even revolutionize the processes in various financial applications.

 

New Bankruptcy Rules Go Into Effect

Written by Lien Solutions
Date January 2018

Learn what changes took effect on December 1, 2017, to the Federal Rules of Bankruptcy Procedure.