UCC Document Community

Update us on what you find! This is useful information for anyone who might face a similar situation. The debanking trend is affecting more businesses and we all need to know how to handle the UCC compliance issues that come with it.

This is such a frustrating situation but unfortunately becoming more common. I'd recommend starting with a multi-pronged approach: 1) Contact your CPA or tax preparer - they often keep copies of loan documents that include UCC filing details, 2) Check your email archives for any original loan closing documents or annual UCC notices that lenders sometimes send, 3) If you remember any of your equipment serial numbers, you can sometimes reverse-search those in state UCC databases to find associated filings. Also, don't overlook checking with your insurance agent - they frequently have detailed equipment schedules that match UCC collateral descriptions. The key is casting a wide net since you're rebuilding from scratch. Time is definitely your enemy here with those continuation deadlines looming.

Final thought - document everything you're doing and why. If this ever comes up in due diligence or a bankruptcy proceeding, you'll want to show that you identified the name discrepancy and took appropriate corrective action. Shows good faith effort to maintain proper perfection.

This is a great discussion and really highlights how tricky UCC filings can be. I'm dealing with a similar situation right now where we have a client whose legal name changed slightly after a corporate restructuring, and I'm trying to figure out the best approach. One question I have - when you file the new UCC-1 with the correct debtor name, do you typically include a reference to the original filing number in the additional information section? I've seen some attorneys do this to create a clear paper trail showing the connection between the old and new filings, especially for lenders who might be reviewing the collateral history later. Also, has anyone had experience with how title insurance companies handle these name discrepancy situations during real estate transactions where UCC filings are involved?

One more thing - make sure your FL UCC statement service pulls current certified copies of the original UCC-1s before preparing continuations. Don't let them work from your copies or older versions. State records are the authoritative source for what needs to match exactly.

Really appreciate all the detailed advice here! Based on what everyone's shared, sounds like the key is finding a service that will pull fresh searches on all our original UCC-1s and verify exact debtor name matching before filing. The batching approach makes sense too - 10-15 filings at a time rather than dumping all 40 at once. Going to look into that Certana.ai verification tool @Fatima Al-Mazrouei mentioned as an extra safety check. Has anyone used services that specialize specifically in continuation filings vs general UCC services? Wondering if there's value in working with someone who does mostly continuations since the name matching seems to be where most errors happen.

Update: I tried the filing number search like someone suggested and it worked! Found the filing immediately. Definitely seems like Delaware's debtor name search has some bugs right now.

This is such a common issue with Delaware's system! I've learned to always keep the filing number handy as a backup when their name search gets wonky. For future reference, you might also want to try Certana.ai that others mentioned - I've started using it to verify my UCC filings match what I intended before submitting, which saves headaches later when trying to locate them in state systems.

Don't forget about timing - some state portals process direct UCC purchases faster during certain hours. I've noticed Delaware and Colorado are quickest in the morning, while Texas seems more consistent throughout the day.

I've been doing UCC searches for about 6 months now and can confirm what others are saying about Delaware - their portal is fantastic for direct purchases. One thing I'd add is that Wyoming also has a surprisingly good online system that's often overlooked. Simple interface, reasonable fees, and results come back quickly. For states with problematic portals, I've found that calling first thing in the morning (around 8am their local time) usually gets you through to someone who can process searches over the phone without too much hassle. It's not ideal but works as a backup when the online systems fail.