Distressed-asset · ABC & receivership · public-data signal

The wind-down collateral map — before the auction clock runs out.

State Assignment-for-Benefit-of-Creditors (ABC) and receivership notices are published as legal notices — not in PACER, so almost nobody surveils them. We pull the notice, identify the failing assignor entity, and join it to free-state UCC-encumbered collateral + secured parties (Colorado SOS, live) into the asset map the wind-down actually runs on. First with the map bids — and acts — best.

Live wind-down notices (free)

Receivership / ABC / asset-auction / lien-foreclosure notices, freshest first. Click "asset map" for the collateral join.

Working a distressed counterparty? Your next checks

🏭 Second lane — WARN-Act plant-death → the SAME collateral map new

A WARN-Act mass-layoff / plant-closure notice names a failing employer the day its plant is dying. We join that plant-death entity to the SAME free-state Colorado UCC collateral chain — so a distressed-asset liquidator / auctioneer gets the encumbered-collateral inventory before the auction is locked up. Triage feed flags which dying plants already have CO-filed collateral worth chasing. Honest: the live keyless WARN index is CA (EDD detailed report) and the keyless UCC join is CO, so a CA plant-death maps to CO collateral only for multi-state operators — an honest null otherwise (collateral in a non-keyless state). Free: /api/warn · warn_plant_deaths. Full map: /api/warn-map?entity= · warn_liquidation_map (x402 $0.50).

Who races this clock

🏷️ The assignee / auctioneer sharpest buyer

YOU run the wind-down. You NEED the collateral map to sell assets free of (or net of) perfected liens. We build it the day the notice posts.

💰 Distressed-asset / IP buyers

Bid on the inventory, equipment, or IP — priced net of the secured balance shown. Be first to the encumbered-asset list.

📄 Creditors

See if you're in the secured-party list or a general creditor, and file your claim by the bar date in the notice.

What's in the asset map

📰 The notice

Type (receivership/ABC/auction), assignor entity, case number, claim/sale date, link — from the state legal notice. No PACER.

📄 UCC-encumbered collateral the join

The failing entity → Colorado free-state UCC: every collateral description, secured party by item, filing/lapse dates. Live, keyless.

🏛️ Real property lookout

The county recorder named in the notice for deeds/mortgages — pointed, never faked (per-county portals require source).

✅ Buyer actions by role

What the assignee, the asset buyer, and the creditor should each do with the map.

Why this is a moat, honestly

The fragmentation is the moat: heterogeneous legal notices across notice-publishing states, no PACER firehose, the richest national ABC venue (DailyDAC) anti-bot walled — a casual copier won't bother. Add the UCC-collateral join + accruing first-seen history and the wall compounds. The honest trade: best moat-durability, lower near-term volume, and the multi-hop parse is hand-verified at this volume (a feature, not a bug).

Coverage = notice-publishing states. Live beachhead: WA. FL/NY/DE published-notice portals are JS-rendered (link-out). CA/TX are dark — they don't centrally publish these notices.

See the live feedFor liquidators & assigneesPricingAPI & MCP

ABC / Receivership Asset-Map Feed — informational decision-support compiled from public legal notices + public state UCC data. Not legal/financial/investment advice; not a consumer report. Notice parsing is multi-hop and hand-verifiable — verify every map line against the original notice and state records before bidding or acting. We sell the signal + the map; we do not broker the asset sale or take a contingent fee.
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