Post by Cogency Global Inc.

A small debtor-name mistake on a UCC financing statement can create a major priority problem. 🔎 Extra spaces, missing punctuation, and name variations may seem minor during filing, but they can affect whether a financing statement appears in a rules-compliant search. When a filing is not discoverable under the applicable state search logic, it may be deemed seriously misleading. Despina Shields, Senior V.P. Product Management at Cogency Global, explains how exact debtor naming, source documents, state search logic, and post-filing searches can help lenders, legal and filing teams reduce risk. Read the full article: https://hubs.li/Q04kmZFQ0