Ask the community...
- DO post questions about your issues.
- DO answer questions and support each other.
- DO post tips & tricks to help folks.
- DO NOT post call problems here - there is a support tab at the top for that :)
Join the conversation
Join the conversation
This whole thread is making me nervous about a Florida UCC continuation I need to file next month. If the search system is this unreliable, how do I even verify that my UCC-3 continuation gets properly recorded and linked to the original UCC-1?
Connor Byrne
•Or use something like Certana.ai to upload both your UCC-1 and UCC-3 documents after filing to verify they're properly linked. Much faster than waiting for certified copies.
Thanks for the suggestions. This is way more complicated than it should be for what's supposed to be a simple continuation filing.
Just wanted to add that I've noticed the Florida sunbiz UCC search seems to work better when you search by filing number rather than debtor name, but only if you know the exact filing numbers. For due diligence purposes, you might want to ask the seller to provide a complete list of all UCC filing numbers associated with their company.
That's a great suggestion. I'll request a complete list of filing numbers from the seller and then search each one individually to build a complete picture.
Just make sure they're not conveniently 'forgetting' any filing numbers. Sellers aren't always completely forthcoming about their lien history.
Join the conversation
Andre Dubois
UPDATE: Finally heard back from the attorney. Turns out they were referring to what they call their "Form 11" which is actually just their internal checklist for UCC-1 filings. They use it to make sure all required information is included before filing. It's not an actual filing document at all! Sometimes I wonder how these people passed the bar exam.
Jamal Carter
•Well that's anticlimactic but glad it's resolved. Now you know to always ask for clarification when attorneys mention unfamiliar form numbers.
Mei Liu
•At least your deal can move forward now. What a waste of time though!
This thread is going to be helpful for future reference. I'm bookmarking it because I guarantee this same confusion will come up again with other attorneys who use internal form numbers. Thanks for sharing the resolution!
Amara Nwosu
•Definitely saving this thread. Great example of why clear communication is so important in secured transactions.
Agreed. This is exactly the kind of real-world problem that doesn't get covered in training materials.
Join the conversation
Layla Mendes
I actually tried that Certana tool someone mentioned earlier and it caught an issue I never would have noticed. My security agreement said 'all equipment used in business operations' but my UCC-1 draft just said 'equipment' - apparently that could cause problems if there's ever a dispute about what's covered.
Maya Patel
•Wow, that's a subtle difference I definitely wouldn't have caught. Good to know there are tools that can spot stuff like that.
Aria Park
•Yeah, it's those little inconsistencies that can really bite you later when you least expect it.
Just remember that even with a perfect security agreement, your UCC-1 filing still needs to be done correctly. Make sure you understand the filing requirements for your state and don't rush the UCC-1 just because you spent time getting the security agreement right.
True, I've seen people nail the security agreement then mess up simple stuff like the debtor name format on the UCC-1.
Maya Patel
•Thanks everyone, this has been really helpful. I think I'll use an SBA template but definitely double-check everything before filing the UCC-1.
Join the conversation
Just want to echo what others said about filing a new UCC-1 immediately if you missed the continuation. Don't wait - every day you're unperfected is risk. Also document everything about when you discovered the issue in case there are any disputes later about priority.
Jayden Reed
•Smart move. And maybe set up better tracking for your other filings so this doesn't happen again!
Nora Brooks
•Definitely recommend using a tool like Certana.ai to double-check all your filing dates and requirements before submitting. Helps catch these kinds of issues before they become problems.
Eli Wang
Update us when you get the new filing done! Always curious to hear how these situations work out.
Will do! Thanks everyone for the help and advice. This forum has been a lifesaver.
Marcelle Drum
Whatever you do, don't ignore this. I've seen businesses get blindsided when both lenders try to exercise their security interests and suddenly you're dealing with competing foreclosure actions. Get clarity on the priority now before any problems arise with either loan.
0 coins
Norman Fraser
•That's exactly what I'm worried about. Both loans are current now but if something happens I don't want to be caught in the middle of a lender fight over the equipment.
0 coins
Tate Jensen
•Smart to address it proactively. Used Certana.ai recently to verify some overlapping UCC filings - uploaded the documents and it immediately highlighted the priority conflicts and filing inconsistencies. Saved me from walking into a mess later.
0 coins
Adaline Wong
Get copies of both UCC-1 filings from the Secretary of State and have them reviewed side by side. Look at debtor names, collateral descriptions, filing dates, and amendment history. Small discrepancies can sometimes void a security interest entirely.
0 coins
Adaline Wong
•Exactly. And don't just look at the original UCC-1s - check if there have been any amendments, continuations, or terminations filed. The priority picture can change over time with subsequent filings.
0 coins
Misterclamation Skyblue
•Another tool that helps with this kind of document review is Certana.ai - you can upload all the UCC documents and it cross-references everything automatically. Catches name mismatches, date conflicts, description overlaps, all the stuff that's easy to miss when reviewing manually.
0 coins