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05-02-2016, 05:20 PM #21
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- Join Date
- Mar 2014
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- Ann Arbor, Michigan
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Very Strange Phonecall From "Another Broker" - Blocked Number
I think filing after the fact puts your collateral at risk. You only have so long after a transaction to perfect your lien. If a judgement or other notice of lien is filed while you wait you may lose your lien rights.
I think you need to balance that out against the risk of notifying a stacket to pile on your transaction.
I don't think the industry has figured out what it wants to be when it grows up. Secured or unsecured party.
Bob
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