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
NeonNinja
For what it's worth, I've found NY to be more reasonable on continuation filings than initial UCC-1s. They seem to allow minor variations on continuations that they reject on new filings. Might be worth noting for future reference.
Interesting observation. Have you noticed the same pattern with amendments?
NeonNinja
•Haven't done enough amendments to say definitively but continuations definitely seem more forgiving.
Sean Murphy
Final update: Refiled with the correct entity name including comma and it was accepted within 24 hours. Lost about 4 weeks of priority but at least the lien is now perfected. Definitely using document verification tools going forward. Thanks everyone for the advice and shared experiences.
Luca Ferrari
•Great outcome. This thread has been really educational about NY filing requirements.
Nia Davis
•Thanks for the follow-up. Always good to know how these situations get resolved.
Join the conversation
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.
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.
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.
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.
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.
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.
Join the conversation
Ethan Brown
Once you get it filed, make sure you calendar the continuation date. UCC-1 filings are only good for 5 years in Texas, so you'll need to file a UCC-3 continuation before it lapses.
Ethan Brown
•Smart. I've seen too many lenders miss continuation deadlines and lose their perfected security interest.
That's another thing Certana helps with - it can set up automatic reminders for continuation deadlines when you verify your initial filings.
Sounds like you've got all the basics covered. The key things for Texas UCC-1 forms are exact debtor name from state records, correct organizational ID, and clear collateral description. Take your time and double-check everything before submitting.
Thanks everyone! This has been really helpful. I feel much more confident about getting this filed correctly now.
You're welcome. Better to ask questions upfront than deal with problems later. Good luck with the filing!
Join the conversation
Ayla Kumar
Just make sure when you resubmit that you haven't made any other changes to the UCC-3 form. Sometimes people fix the name issue but accidentally change something else like the collateral description. Keep everything else identical to avoid new rejection reasons.
Good point about not changing anything else. I've seen people 'improve' their collateral description during a continuation and create new problems.
Demi Hall
•Thanks everyone - going to stick with the exact original name format and resubmit. Will check the document comparison tool too.
Once you get the continuation filed successfully, might want to do a search to confirm it shows up properly in Colorado's database. Sometimes there are processing delays even after acceptance.
Lim Wong
•Usually within 24-48 hours it shows up in search results. Much faster than the old paper filing days.
Dananyl Lear
•I always wait a few days then do a UCC search to make sure the continuation attached properly to the original filing record.
Yara Nassar
Thanks everyone for the input. Feeling much more confident about the filing now.
0 coins
StarGazer101
Good luck with the loan. Heavy equipment financing can be tricky but sounds like you've got it handled.
0 coins