UCC Document Community

Anyone else dealing with PMSI filing headaches? I'm trying to perfect a purchase money security interest on some manufacturing equipment we financed last month. Filed the UCC-1 within the 20-day window but it got rejected because of a debtor name mismatch. The equipment dealer used 'ABC Manufacturing LLC' on the invoice but the debtor's articles show 'ABC Manufacturing, LLC' with a comma. Now I'm past my PMSI grace period and scrambling to figure out if I can still claim purchase money status. The loan was for $85K and I really need this PMSI priority over the blanket lien that was already filed. Has anyone successfully argued the relation-back doctrine in a situation like this? The rejection notice just says 'debtor name does not match' but doesn't specify what exactly is wrong. I'm worried I've lost my PMSI protection entirely.

I'm having issues with Tennessee UCC search results and need some guidance. We're doing due diligence on a potential acquisition and the target company has had several name changes over the years. When I search the Tennessee SOS UCC database, I'm getting conflicting results depending on how I enter the debtor name. Some searches show active UCC-1 filings that don't appear when I use slightly different name variations. For example, searching 'ABC Manufacturing LLC' gives different results than 'ABC Manufacturing, LLC' (with the comma). This is concerning because we need to identify all existing liens before closing. Has anyone dealt with Tennessee's search logic being this sensitive to punctuation and formatting? I'm worried we're missing critical filings that could affect the deal structure.

Really frustrated here. Had a Delaware UCC Article 9 filing rejected yesterday and I'm not sure what went wrong. The debtor is an LLC that changed its registered name about 8 months ago but I used the current legal name from their most recent certificate of formation. Portal just says 'debtor name discrepancy' but doesn't give specifics. This is for equipment financing on manufacturing machinery worth about $340K. Anyone dealt with Delaware's specific requirements for debtor names on UCC-1s? The financing statement needs to get filed ASAP since we're already past the 20-day window from when the security agreement was signed. Really need to figure out what Delaware Article 9 requires for proper debtor identification.

I'm dealing with a portfolio acquisition where we need to verify existing UCC liens on equipment collateral across multiple debtors. Our compliance team is requiring documentation of all current filings before we can proceed with the transaction. I've been looking at the Colorado Secretary of State website and there seem to be different colorado ucc statement request form options available. Some appear to be for certified copies, others for information requests, and I'm seeing references to both UCC-11 and what looks like state-specific forms. The transaction involves about $2.8M in equipment financing and we need to be absolutely certain we're catching every perfected security interest. Has anyone recently used the colorado ucc statement request form process for due diligence purposes? I'm particularly concerned about missing any fixture filings or getting incomplete search results if I use the wrong form type. The closing is scheduled for next month and I can't afford any surprises with undisclosed liens.

Has anyone else been dealing with the SOS portal completely crashing during business hours this week? I've been trying to submit three continuation filings that are due by Friday and the system keeps timing out right when I hit submit. Two of these are for equipment loans that will lapse if I don't get the UCC-3 continuations filed on time. The debtor names are perfect matches to the original UCC-1s, all the filing numbers are correct, but I literally cannot get past the payment screen. Been trying since Monday and it's now Wednesday. Starting to panic because if these lapse, our security interest is gone. Anyone found a workaround or know if there's extended filing hours? This is ridiculous that a system this critical can just... not work.