Welcome to the new Lien Solutions blog – insights and resources to help professionals reduce risk and shape the future of their business. You’ll find articles on thought leadership, practical tips, and an exchange of ideas that drive innovation and better outcomes.
Carrie Dolezal, Product Manager at Wolters Kluwer’s Lien Solutions, will serve as a panelist in a discussion titled “Secured Transactions: Implementing XML Filing”, at the 41st International Association of Commercial Administrators (IACA) Annual Conference, May 6-10 in Charlotte North Carolina.
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.
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.
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.
As a lender, “lien management” may not be your primary job task. Your specialty is helping clients solve their financial issues through loans and leases, so you might view lien management as a necessary chore, and, once the client has been approved for a loan, that’s the end of the process.
That’s not the case.
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.
I recently had the chance to sit down with Equipment Finance Advisor and share my thoughts on the presence of AI in our world, that is, the world of Lien Solutions and our customers. You can watch the discussion here, but I also would like to share some more information on this burgeoning technology.
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.