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
Natalie Wang
Had a similar situation where I used Certana.ai to verify all our documents before filing and it caught a subtle difference in the LLC designation (LLC vs Limited Liability Company). Saved us from a rejection and having to refile. Really worth checking these things upfront.
That's exactly the kind of detail I'm worried about missing. Even small variations can cause problems.
Noah Torres
•Those tiny differences are the worst because they're so easy to miss but cause big problems. Automated checking makes sense.
Update us on how it goes! I have a similar solar termination coming up next month and would love to know what works best.
Ryan Young
•Following this thread too. Solar UCC issues seem to be getting more common as the industry grows.
Definitely. We're seeing a lot more solar financing deals and the UCC aspects can be tricky.
Join the conversation
Harold Oh
Been there with the lender pressure! When you do get this sorted out, make sure to send them the acceptance notice immediately. Some lenders want confirmation of perfection within 24 hours of filing approval for their compliance files.
Good point, I'll make sure to loop them in as soon as I get the corrected filing approved.
Harold Oh
•Also ask if they want a copy of the UCC search results showing your filing appears in the records. Some lenders require that for their audit trail.
Amun-Ra Azra
Just wanted to add that I've had success using that Certana document checker someone mentioned earlier. Really does catch these name mismatches before you waste time and money on rejected filings. Wish I'd known about it sooner - would have saved me so much frustration with Article 9 perfection deadlines.
Summer Green
•Same here, just used it last week for a continuation filing and it caught two small discrepancies I would have missed.
Amun-Ra Azra
•Exactly! The automated cross-checking is so much better than trying to manually compare documents line by line.
Join the conversation
Zara Khan
Quick follow up - did you remember to include the LLC's registered agent address? Some states are picky about having complete debtor information.
Yes the registered agent address is included. I think it's definitely the name format issue based on what everyone's saying here.
FINAL UPDATE: Found the issue! The state database had the name as "Bayou Construction Equipment LLC" (no comma) but the articles of incorporation had "Bayou Construction Equipment, LLC" (with comma). Filed with the database version and it went through immediately. Thanks everyone for the suggestions!
Nia Williams
•Great news! Now you know for future Louisiana filings to always check their database first.
Luca Ricci
•Perfect example of why document verification tools are so useful. Saves so much time vs trial and error.
Join the conversation
Update us on how this turns out! I have a similar situation brewing with one of my borrowers and I'm dreading having to deal with it.
Will do. Hopefully I can get this resolved without losing our security interest. Thanks everyone for the advice - definitely filing that amendment this week.
Jabari-Jo
•Good luck! Bankruptcy security agreement enforcement is never fun but at least you caught the issue before it was too late.
Just wanted to add - if you're dealing with equipment collateral worth $2.8M, you might also want to consider whether any of it qualifies as fixtures that need special UCC filing treatment. Sometimes equipment gets reclassified during bankruptcy proceedings.
Micah Trail
•Manufacturing equipment bolted to the floor almost always needs fixture filings. You might have bigger problems than just the name change issue.
Not necessarily - depends on the state and how permanently attached it is. But definitely worth reviewing before the trustee raises that issue too.
Luca Ricci
Just to add - make sure you're also checking for any DBA names or trade names that might complicate the search results. Sometimes the UCC business search will pull up filings under assumed names too.
0 coins
Mateo Gonzalez
•Good reminder. This company does have a DBA they use for marketing but I don't think there are any UCC filings under that name.
0 coins
Zoe Papadakis
•Still worth checking though. I've seen cases where previous lenders filed under the DBA instead of the legal entity name.
0 coins
Liam O'Sullivan
The frustrating thing about UCC business search inconsistencies is that different secured parties might have used different name formats over the years, so you end up with a mix of filings under slightly different versions of the same company name. Really emphasizes the importance of getting the debtor name exactly right on new filings.
0 coins
Aisha Mohammed
•That's why I always keep detailed records of exactly how I formatted debtor names on original filings. Makes future amendments much easier.
0 coins
Liam O'Sullivan
•Smart practice. I've seen UCC-3 amendments get rejected because the debtor name didn't match the original filing exactly, even though both versions were technically correct legal names.
0 coins