UCC Document Community

Just wanted to say thanks for this thread. I'm new to UCC filings and this is exactly the kind of real-world issue that law school doesn't prepare you for. The debtor name accuracy stuff is no joke.

As someone who's been burned by debtor name issues before, I can't stress enough how important it is to get this right. The good news is that your state's UCC search showing no existing filings under either name variation gives you a clean slate to work with. I'd recommend doing a triple-check: pull the LLC's articles of organization from the Secretary of State, verify the exact legal name format, and use that for your UCC-1 filing regardless of what USAA's paperwork says. With $180K in collateral at stake, it's worth spending the extra time to get the foundational details perfect. Also consider running a business entity search in your state's database to make sure there aren't any other name variations you should be aware of.

Final advice: Use your exact charter name, list specific vehicle details in collateral description, file in Texas, and stop worrying about travel rights theories. You've got this!

As a newcomer to UCC filings, this discussion has been incredibly helpful! I'm dealing with a similar situation where I need to file a UCC-1 for equipment financing, and I was also getting confused by some of the misleading information online about travel rights. It's clear now that for commercial secured transactions, I need to focus on three key things: getting the exact debtor name from organizational documents, providing specific collateral descriptions, and filing in the state where the business entity is organized. The Certana.ai tool that several people mentioned sounds like it could save a lot of headaches with document verification. Thanks to everyone who contributed - this thread should be required reading for anyone new to UCC filings!

Been filing UCCs for 15 years and the fee creep is real. What used to cost $25 now runs $75-150 depending on service level and state. Budget at least $100 for any UCC filing these days to avoid surprises.

just filed my first ucc last month and got hit with fees I didn't expect either. the online system doesn't make it very clear what you're selecting for service levels. ended up paying like $95 when I thought it would be $30

This entire discussion has been incredibly valuable! As a newcomer to business financing, I had no idea how complex UCC filings could be. A few key takeaways that really stood out to me: 1) The importance of exact name matching between your business formation documents and the UCC filing - seems like this trips up a lot of people, 2) The 5-year expiration requiring continuation statements for longer loans, 3) The fact that these are public records that competitors can search, and 4) Filing in your state of organization rather than where assets are located. One thing I'm still curious about - for businesses that have both equipment loans and working capital lines of credit, do you typically end up with multiple UCC filings, or can one filing cover multiple types of collateral from the same lender?

This thread has been absolutely enlightening! As someone just starting to navigate business financing, I had no idea that UCC filings were even a thing, let alone how intricate the process can be. The detail everyone has shared here - from the $10 California filing fee to the complexity of fixture filings - really shows how much goes into secured lending that borrowers never see. I'm particularly struck by how many ways things can go wrong: name mismatches, missed continuation filings, forgetting termination statements when loans are paid off. It seems like having good documentation practices and maybe using verification tools like some mentioned could save a lot of headaches. Thanks to everyone who shared their real experiences - hearing about actual rejections and mistakes makes this feel much more concrete than just reading legal definitions online.

Update: Successfully submitted my UCC-3 continuation through the portal. Everything seems back to normal now. Thanks everyone for the advice about paper backups - definitely going to keep that option ready for next time.

Just experienced something similar with the Oregon UCC portal last month. What helped me was having both backup options ready - paper forms downloaded and that Certana.ai tool others mentioned for document verification. When systems go down during crunch time, you really need multiple contingencies. The document checker actually caught an error in my debtor name that would have caused rejection even after the portal came back up. Lesson learned: always verify documents before any filing deadline gets close.