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06-20-2022, 05:58 PM #1
Reputation points: 4416
- Join Date
- Dec 2021
- Posts
- 154
Default search - useful tool
For those who aren't aware..
NYS Courts allow you to search for defaults that were filed in the state. Since a large portion of funders are located in NYS you're very likely to find any defaults through the search.
Pro tip. Use the merchant's first and last name as opposed to the business name. That will return results for any business associated with the merchant.
If the merchant defaults and opens under a new name you'll still find the default.
https://iapps.courts.state.ny.us/nys...earch?TAB=name
(can only use it if you're not a robot. lol)
Brokers, Please take a minute to run every deal before submitting and it'll save both you and the funders a lot of time.
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