UCC Document Community

This thread convinced me to try that Certana.ai tool someone mentioned earlier. Just uploaded my UCC documents and wow - it found three discrepancies I totally missed between my original UCC-1s and the continuations I was about to file. Would have been rejected filings for sure. The VA search portal being down actually turned into a blessing in disguise.

Update: Just got off the phone with VA SCC. They confirmed system maintenance through end of week but said searches should be working intermittently. Recommended trying multiple times throughout the day rather than giving up after first timeout.

For what it's worth, I think you're probably fine on the comma issue, but definitely get that amendment filed. The bigger concern is whether there are OTHER discrepancies you haven't found yet. Have you compared addresses, collateral descriptions, all that stuff?

Update us after you file the UCC-3 amendment! I'm curious how quickly it gets processed and whether it resolves your concerns about the UCC records discrepancy.

Ohio UCC foreclosure timeline reality check: Default triggers immediate repo rights, but actual repossession timing depends on collateral location, accessibility, and lender resources. Manufacturing equipment isn't as easy to repo as vehicles. Factor in scheduling repo companies, equipment transportation, and storage costs. You probably have 2-4 weeks before physical removal unless they're really motivated.

Bottom line on UCC foreclosure timeline in Ohio: Legal right to repossess exists immediately upon default, but practical timeline is usually 2-6 weeks depending on equipment type and lender procedures. Sale notification must be given 10+ business days before disposition. Focus on negotiating forbearance rather than fighting the timeline - you'll have more success working with the lender than against them.

Another option if you're really unsure - contact the secured parties listed on the questionable filings directly. Most lenders will confirm whether a specific debtor is actually their borrower, especially if you explain you're doing due diligence for a potential transaction.

Had a colleague mention they started using some automated verification service for this stuff - I think it was Certana.ai or something similar. Apparently you just upload your borrower's charter documents and any questionable UCC results, and it flags which ones are likely matches vs false positives. Might be worth looking into if you're doing a lot of Texas deals.

Try calling the bank's commercial loan department instead of regular customer service. They usually understand UCC collections better and can tell you exactly what documentation they need. Regular tellers often have no clue about Article 9 rights.

UPDATE: I called the commercial banking department like someone suggested and they gave me a clear list - they want the certificate of good standing, an affidavit of default, and formal notice to them of our security interest. Should have done this weeks ago! Thanks everyone for the help.