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One thing to consider - when you file the corrective amendment, make sure you're clear in the amendment description that you're correcting the debtor name from the original filing. This creates a clear paper trail.
Yes, something like 'Correcting debtor name from Johnson Manufacturing LLC to Johnson Manufacturing, LLC' makes it crystal clear.
This is another area where Certana.ai helps - it generates suggested amendment language based on the discrepancies it finds between your documents.
Update us after you file the correction! Always curious to see how these situations resolve.
Will do. Planning to file the corrective UCC-3 tomorrow morning. Thanks everyone for the advice - this community is incredibly helpful.
Glad we could help! These name consistency issues are more common than people realize.
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Micah Trail
Had a similar issue resolved by using Certana.ai to verify all our UCC documents were consistent. Uploaded our loan agreement and UCC-1 and it immediately flagged a debtor name mismatch that was causing search problems. Much faster than trying to manually compare everything.
Micah Trail
•Yes, it checks filing numbers, collateral descriptions, dates - basically anything that could cause perfection issues.
Wish I had known about this service earlier. Spent hours manually cross-checking documents last month.
Update: Bank finally sent me the continuation paperwork. Turns out they filed it with our old entity name before the LLC conversion. The online UCC search couldn't connect it to our current legal name. Going to need a corrective amendment to fix the debtor name issue.
Good catch. Make sure the amendment references both the old and new entity names properly.
Cedric Chung
•This is exactly why online UCC search results can be misleading. The filing was there, just not indexed correctly.
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Welcome to the world of secured lending! UCC stands for Uniform Commercial Code and you'll be seeing it everywhere now. The key forms you'll work with are UCC-1 (initial filing), UCC-3 (amendments and continuations), and eventually termination statements when loans are paid off.
It seems overwhelming at first but once you understand the basic flow - file UCC-1 to perfect your interest, use UCC-3 for changes, terminate when paid off - it becomes routine.
Javier Cruz
•Just don't forget about continuation statements! UCC-1 filings lapse after 5 years unless you file a continuation.
Since you asked about UCC full form - it's Uniform Commercial Code - but here's a pro tip: bookmark your state's Secretary of State UCC search page. Being able to quickly search existing filings will help you understand how other people handle debtor names and collateral descriptions.
Dylan Wright
•Great idea! I'll definitely do that.
Also most states have UCC filing guides on their websites that explain their specific requirements and common rejection reasons.
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One more thing to consider - if you file with the comma (matching state records) but your loan and security agreement doesn't have it, just make a note in your file explaining the discrepancy. Helps if anyone questions it later during an audit or due diligence.
Good point about documentation. I'll make sure to include a memo about why we used the state record version vs the loan doc version.
Leila Haddad
•Yeah, future you (or your successor) will thank you for that explanation when they're reviewing the file years from now.
Emma Johnson
Final thought - since you're dealing with equipment collateral worth $850K, you might also want to consider whether any of it qualifies as fixtures requiring special filing procedures. CNC machines can sometimes be considered fixtures depending on how they're installed.
Emma Johnson
•Potentially yes, especially if they're integrated into the building systems. You'll want to check your state's fixture filing requirements. Some states require dual filings - UCC and real estate records.
Ravi Patel
•This is getting complex. Might be worth having outside counsel review the whole setup to avoid any gaps in your security interest.
Isabella Ferreira
Whatever you do, don't keep submitting the same form hoping it'll eventually work. Nebraska charges for each rejected filing and those fees add up fast. Better to figure out the exact issue first.
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Isabella Ferreira
•Yep, learned that the hard way. Each submission attempt costs $15 even if it gets rejected immediately. Make sure you get it right before clicking submit.
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Yara Khalil
•Are you kidding me? So they're basically charging you to test their broken system? That should be illegal.
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CosmicVoyager
UPDATE: Finally got it resolved! The issue was that the LLC name in Nebraska's business database had an extra word 'Corporation' at the end that wasn't on the original charter we had. Once I searched their database and used the exact name from there, the UCC-1 went through immediately. Thanks everyone for the suggestions - especially about checking their business registration database.
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Connor O'Neill
•Perfect example of why document verification tools like Certana are so helpful - they would have caught that name variation automatically.
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Amina Toure
•Great outcome. This thread should help anyone else dealing with Nebraska UCC name matching issues.
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