Uncategorized Archives - Lien Solutions

Lien Solutions’ Konstance Discusses Artificial Intelligence

Written by Lien Solutions
Date June 2018

Artificial intelligence (AI) has been generating a lot of headlines lately, and for the right reasons. AI allows computing systems to process massive amounts of information and learn from that data without manual programming. This concept is also known as “machine learning”. Financial, regulatory, and compliance firms process massive amounts of information daily, and it […]

 

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.

 

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.

 

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.