CT Lien Solutions Offers Tips to Financial Services Market to Weather Volatile Economic Climate.

Financial services and leasing companies must engage in proactive due diligence to adequately manage their loan portfolios and protect against debtor insolvency

NEW YORK -- CT Lien Solutions (formerly UCC Direct), the most comprehensive filing, public record search and portfolio management service provider nationwide, is encouraging financial institutions, leasing companies, and commercial finance organizations to follow some key due diligence tips in order to adequately manage their loan portfolios and protect against debtor insolvency. CT Lien Solutions is part of CT, a Wolters Kluwer business.

The large write downs and increased foreclosures experienced by many of CT Lien Solutions' clients and the market segments served have brought about the need to focus more closely on additional due diligence when managing any of their loan portfolios. Additional due diligence helps reveal hidden threats such tax liens, judgments, pending litigation and UCCs that haven't been properly indexed by the jurisdiction.

In response to today's economically volatile times and alarming foreclosure rates, the importance of thorough due diligence cannot be understated. Here are some proven tips in exercising due diligence when it comes to searching tax liens & judgments, business entity document retrieval, bankruptcy cases and more:

* When in doubt, double check for accuracy: A UCC filing is only perfected if the filer gets the name right. When the risk is high, a Corporate Name Verification search and ordering copies of a company's Articles of Incorporation and any Amendments will provide peace of mind.

* Look for tax liens & judgments: These liens ordinarily apply to the same types of property covered by UCC liens. Tax and Judgment liens are not consensual, so they can be on file without the Debtor having any knowledge of their existence--making it important to be aware and be diligent.

* Conduct court searches: Only court searches can reveal the credit risk posed by Civil Suits and Bankruptcy Cases. These open court actions threaten to encumber property being pledged as collateral and can seriously impact a debtor's solvency.

* Check for bankruptcies: Searches at the U.S. Bankruptcy Courts assist in the evaluation of a debtor's credit risk. Like pending suits, bankruptcy cases cannot be revealed in the local filing office where liens reside. However, the inclusion of a borrower's name as a petitioner in a bankruptcy proceeding is a clear red flag.

* Order a "search-to-reflect": The only way to ensure that a UCC filing has been properly indexed by the jurisdiction is to order a search-to-reflect or post-filing search. The search-to-reflect also confirms a filing position.

* Monitor borrowers: It's important to track any change to an entity's UCC filings, which would undermine its position. Staying on top of this enables a quick response and protects the filer's interest.

* Don't forget Patriot Act searches: Patriot Act searches are now a vital and mandatory part of due diligence searching with any financial transaction.

"We are in the business of responding to our clients' changing needs and requirements. Based on the current economic conditions, we feel it is important to remind our clients about some of the risks out there and how they can manage those risks through increased due diligence," said Gene Lasky, vice president and general manager, CT Lien Solutions. "Hopefully, by educating our clients with useful due diligence tips and practices, they can uncover any hidden threats that might make a debtor's solvency questionable, thus exposing all potential risks."

Legal professionals rely upon CT Lien Solution's established relationships with over 4,300 jurisdictions and the comprehensive knowledge of its experienced service professionals for their searching and document retrieval needs. Those in the financial and leasing industries leverage those same jurisdictional relationships and expertise for their Real Property searching and recording, UCC filing, lien searching, monitoring, DMV titling and document retrieval needs. And, they each benefit from having it all in one place--with access to a true portfolio management center.

About CT Lien Solutions

CT Lien Solutions offers the most comprehensive filing, public record search and portfolio management capabilities nationwide. Its powerful technology tools and service experts provide customers with the highest standards in public search, nationwide document retrieval and UCC filing and management.

CT, a Wolters Kluwer business, provides the tools to help legal and financial professionals manage risk on many levels. From managing corporate compliance to legal department performance; trademark protection to matter management; electronic data discovery to preparing cases for litigation, CT has the right solution to meet a host of needs. CT is based in New York City. For more information, please visit www.ctlegalsolutions.com.

About Wolters Kluwer

Wolters Kluwer is a leading global information services and publishing company. The company provides products and services globally for professionals in the health, tax, accounting, corporate, financial services, legal, and regulatory sectors. Wolters Kluwer has annual revenues (2007) of [euro]3.4 billion, maintains operations in over 33 countries across Europe, North America, and Asia Pacific and employs approximately 19,500 people worldwide. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Visit www.wolterskluwer.com for information about our market positions, customers, brands, and organization.