UCC and Lien Information
Under the Uniform Commercial Code (UCC), financing records are filed to make a public record of secured transactions between a debtor and a secured party.
The financing records are extremely important in establishing priority among creditors in judicial proceeds, including bankruptcy, to determine rights of conflicting creditors.
Therefore, the fundamental object of the UCC is to provide measures to protect the debtor and the secured party by filing a financing record in the proper jurisdiction under uniform provisions.
Liens are public information but access to the records often is not free. Each state has it's own fee structure for filing and viewing liens. Some states file tax liens at county offices. We may search both county and state in those instances.
In the United States, liens are filed by debtor name not by equipment.
The price of the search depends on the number of liens filed under the debtor name not the quantity or value of equipment being searched.
If we can answer questions regarding any of the information here, please call us at (402) 484-5071 or e-mail info@groundclearancellc.com.
Ground Clearance, LLC does not certify the authenticity of the information acquired from third parties. Ground Clearance, LLC shall under no circumstances be liable for any action taken or omission made as a result of reliance on information obtained from any source or any other consequences from any such reliance.
