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Pro tip: download a copy of every original UCC-1 before you start preparing terminations. I keep them in a folder labeled by debtor name so I can reference the exact formatting. Also helps if you need to pull filing dates or other details later.
Smart organization system. I should probably get better about record keeping like this.
It takes a little extra time upfront but saves hours later when you're doing terminations or continuations.
Just wanted to follow up on this thread since it helped me with a similar issue. Used the document verification approach and got all 12 of my terminations accepted on first try. The key really is getting those debtor names exactly right. Thanks everyone!
Love seeing success stories. This thread turned out to be really helpful for a lot of people it seems.
StarSeeker
•Glad the document checker worked out for you too. It's become my go-to tool for any UCC filings now.
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Teresa Boyd
The whole 9-311 exemption thing makes me nervous every time it comes up. Even when I think I understand it, there's always some nuance or exception that makes me second-guess everything. At least with your situation it sounds pretty straightforward - manufacturing equipment should be normal UCC-1 filing territory.
The nervousness is totally justified - getting 9-311 wrong can be expensive. But once you understand the basic framework, most cases are clearer than they initially appear.
Thanks everyone for the input. Feeling much more confident that our UCC-1 filing was appropriate. Will still get our attorney to confirm, but this discussion really helped clarify the key issues.
Monique Byrd
Just want to echo what others have said - your equipment sounds like standard UCC-1 territory. The 9-311 exemption for aircraft applies to actual aircraft and aircraft engines, not manufacturing equipment used in aviation industry. You should be fine with your existing filing, but getting confirmation never hurts when there's this much money involved.
Nolan Carter
•Agreed. Better safe than sorry on 9-311 issues, but this seems like a pretty clear case for state UCC filing.
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Last week I had to file a UCC-3 amendment just to correct a debtor name that had been wrong on the original UCC-1 for two years. Nobody caught it until the loan was being renewed. Cost the client extra fees and delayed their funding. These name issues can have real consequences down the road.
Sean Kelly
•How did you handle the gap period where the name was wrong? Was the lien still perfected?
Had to do some legal research on that. Fortunately the error was minor enough that it probably wouldn't have affected perfection, but the amendment was still the right thing to do.
This thread convinced me to double-check a UCC-1 I was about to file. Good thing too - I had "ABC Corp" but the state database shows "ABC Corporation". Would have been rejected for sure. Thanks for the heads up everyone!
Luca Russo
•Perfect example of why these discussions are helpful. Glad you caught it before filing!
Zara Mirza
•That's exactly the kind of error that's easy to miss but guaranteed to cause a rejection. Corp vs Corporation is a common one.
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Ravi Sharma
This whole thread is making me paranoid about my own filings. I always assumed if the SOS portal accepted the UCC then the debtor name was fine. Apparently that's not necessarily true?
Ravi Sharma
•Well that's terrifying. How many of my filings might have name issues I don't even know about?
Paolo Ricci
•This is exactly why document verification tools exist - to catch these issues before they become problems. Better to find out now than during a foreclosure proceeding.
Update us on what you decide to do. I'm curious whether you go with the amendment approach or decide to refile entirely. Either way, this is a good reminder for all of us to be more careful with debtor name verification upfront.
Will definitely post an update. Leaning toward the UCC-3 amendment to add the charter name while keeping the original filing active.
That's probably your safest bet. Covers all your bases without losing priority.
Zara Mirza
One thing to watch out for - some online filing systems have upload limits that might affect your ability to submit large addenda. If your 308 form is going to be many pages long, check the file size restrictions before you get to the final submission step.
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Luca Russo
•Good point. I've had to compress PDFs before to get under the limit. Usually not an issue unless you have tons of equipment or really detailed descriptions.
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Nia Harris
•Some states let you call and arrange for alternative submission methods if your addendum is exceptionally large. Worth asking about if you hit file size issues.
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GalaxyGazer
Just to add one more verification tip - after your filing is accepted and processed, always download the official copy from the SOS system to make sure both your main UCC-1 and 308 addendum appear correctly in their database. I've seen cases where the addendum didn't get properly attached even though the filing was accepted.
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GalaxyGazer
•Most states make it available within a few hours of acceptance. I usually check the next business day to be safe.
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Aisha Mahmood
•Smart approach. Better to catch any processing errors early rather than discover them months later when you need to rely on the filing.
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