Equipment Lien Search Blog

You deal in used equipment one way or another whether buying, selling, auctioning, brokering,end-user, or as a creditor. What drives your reasons for having a lien search run or not to do so? [...]

One of the biggest concerns when buying used equipment is if it is stolen. Here are two things you can do to learn more about it. Do an internet search for the seller by name, address, and phone [...]

Did you know that if Ground Clearance does the lien search for the equipment you list for sale online, that you can include “Lien search conducted by Ground Clearance LLC” in your listing on any [...]

Additional debtors are other persons ore companies liable for the debt carrying the note for which the lien was placed. John Deere is notorious for naming the owner of the company as additional [...]

An article from American Rental Association (ARA) states “Equipment rental operations are in the business of renting equipment, so when it’s stolen, they have been deprived of more than just [...]

  In today’s financial world, when a note is paid off the creditor usually sends you a letter stating the note is paid. Along with it is a UCC document which will terminate the lien [...]

Want to know something crazy? The amount of people in the equipment industry, whether dealer, broker, or end user, who have no idea that lien search even exists. That is scary more than it crazy [...]

Have you been considering using lien search as a company policy? Consider these points when making that decision Make it mandatory – Sales persons need to know that lien search is mandatory [...]

As someone who has spent a lot of years helping others do business the right way, it really rubs me the wrong way when I am told “the seller won’t sell to me if their creditors will be contacted” [...]

I realize this post looks like the beginning of a nap, but..hang in there. You won’t regret it. It’s good info if this is the question you wonder about or discuss with others. Blanket [...]

The short answer is “no”. In the US liens are filed by the debtor name. If we filed by serial number the blanket liens and surety bonds wouldn’t show up in the search. The name of the owner [...]

I get many calls from people wanting to do a search on their own company and wonder if they should. Definitely! It is always good to know what is filed on your company – or yourself if you [...]