An ABC or receivership hands you a failing business and a clock. Before you can sell anything, you have to know what's encumbered — which assets carry a perfected lien, who holds it, and what's left for the general estate. We build that map the day the notice posts.
A receivership/ABC notice hits the state legal-notice feed. We catch it (no PACER) and pull the assignor entity.
The assignor → free-state UCC: every collateral description, the secured party on each, filing + lapse dates. Live from the state.
Encumbered-asset inventory + secured-party-by-item + buyer actions. Price the sale, sequence the payoffs, run the auction.
Lower volume than a PACER firehose — wind-downs are fewer than bankruptcies, and notice-state coverage is partial. But the durability is the point: fragmented sources keep copiers out, the UCC join is real work, and the first-seen history compounds. The going-concern resale angle is minority upside — we don't over-fuse it. The lead buyer is you: the map is relevant to every ABC, every time.
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