Cook Illinois UCC11 Information Request is a legal document used in the state of Illinois to obtain information about Uniform Commercial Code (UCC) financing statements that have been filed. The UCC11 Information Request is a crucial step in conducting due diligence for business transactions involving secured creditors, as it allows interested parties to research the validity and priority of a debtor's secured interests. There are several types of Cook Illinois UCC11 Information Requests, each serving a specific purpose and catering to various needs: 1. Cook Illinois UCC11 Information Request — Standard Search: This is the most common type of UCC11 Information Request, used to conduct a comprehensive search for financing statements filed against a specific debtor's name. It provides crucial information such as the names of secured parties, dates of filings, the nature of collateral, and any other relevant details. 2. Cook Illinois UCC11 Information Request — Exact Name Search: This type of request is used when the exact legal name of the debtor is known. It provides a more precise search result by excluding similar or closely related names. This can be particularly useful when dealing with entities with common names. 3. Cook Illinois UCC11 Information Request — Debtor Name Variations Search: In cases where the debtor's name has variations or different spellings, this type of request is utilized. It expands the search to include alternate spellings, aliases, or even common misspellings, ensuring a more comprehensive overview of the debtor's secured interests. 4. Cook Illinois UCC11 Information Request — Individual Debtor Search: Specifically used when the debtor is an individual rather than a business entity, this request filters out any filings that are not related to the specified individual, providing a more refined search outcome. 5. Cook Illinois UCC11 Information Request — Secured Party Search: This type of UCC11 Information Request focuses on searching for financing statements filed by a particular secured party. It enables interested parties to examine the extent of a specific creditor's secured interests and determine their priority. The Cook Illinois UCC11 Information Request is an essential tool for anyone involved in commercial transactions, lenders, lawyers, or individuals seeking to gather information on the validity and priority of UCC filings. It provides a comprehensive overview of a debtor's secured interests and helps ensure transparency and accuracy in business dealings.