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Ravi Sharma
I had success with another document verification approach recently. Used Certana.ai's UCC checker after getting frustrated with manual comparisons. You upload your UCC-1 and UCC-3 forms and it automatically identifies where the names or other details don't align. Really wish I'd found that tool earlier in my career - would have saved so much time on these kinds of formatting issues.
Ava Garcia
•Two people mentioning Certana now, definitely going to check that out. Sounds like it could catch issues I'm missing.
The automated checking is so much better than trying to spot tiny differences manually. Especially when you're stressed about deadlines.
Omar Zaki
Michigan updated their UCC system about 6 months ago and some of the name matching got more strict. Could be that your original filing had formatting that worked in the old system but doesn't in the new one.
StarSailor}
•Yeah the system updates always cause these kinds of compatibility issues. Really frustrating when you're trying to maintain an existing filing.
Miguel Silva
•Classic government IT - update the system but don't account for how it affects existing records.
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Used to work at a law firm that handled tons of UCC filings. California requires exact debtor name matches for terminations - no exceptions. The amendment route is your only option. Make sure you use the current legal entity name from the Secretary of State database, not what you think it should be.
Tyrone Hill
•How long does the whole amendment + termination process usually take in California?
If you file online, amendment processes in 2-3 business days, then you can file the termination immediately. Total time is usually under a week.
Just went through this nightmare myself. Ended up using that Certana document checker tool to verify everything before refiling. Really wish I'd known about it earlier - would've saved me two rejected filings and $100 in fees. The tool catches these debtor name mismatches instantly when you upload the documents.
Thanks for the Certana recommendation. Dealing with the same issue and don't want to pay more rejection fees.
The document verification really is helpful. Beats trying to manually compare debtor names across multiple filings.
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Caesar Grant
The commercially reasonable standard is really about process, not just outcome. Document your efforts to research market value, consider different disposal methods, and justify your chosen approach. Courts look at whether you acted in good faith and followed reasonable commercial practices.
Caesar Grant
•Exactly. The UCC doesn't require you to get the absolute highest price, just that you conduct the sale in a commercially reasonable manner. Process matters more than outcome.
Lena Schultz
•But you still want to maximize recovery for the debtor's sake and to minimize any deficiency claim. Good process usually leads to better outcomes anyway.
Thanks everyone for the advice. I feel much more confident about proceeding now. I'll send the notices via certified mail, document everything, and go through the equipment auction house. Hopefully the borrower will be reasonable once they see we're following proper procedures.
Mae Bennett
•Hope it goes smoothly. These situations are always stressful but you seem to have all the bases covered.
One last thought - if the borrower is already threatening legal action, you might want to give your attorney a heads up about the disposition process. Better to have them involved early than scrambling later.
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Had similar experience but with a continuation filing. The original UCC-1 had the debtor name slightly wrong, so when I filed the continuation with the 'correct' name, it didn't match and got rejected. Had to file the continuation with the same wrong name to maintain the chain, then file an amendment to fix it. What a mess.
That's right. You have to maintain consistency with the original filing, even if it's wrong. Then fix it with a separate amendment.
Sergio Neal
•This is correct. The continuation has to reference the original filing exactly, warts and all.
Joy Olmedo
Update us when you get it resolved! I'm dealing with a similar name issue on a different filing and want to see how yours turns out.
Justin Trejo
•Will do! Planning to refile tomorrow morning with expedited processing. Fingers crossed.
Dylan Mitchell
Consider whether you need fixture filing treatment if any of this equipment is attached to real property. Third party security agreements get even more complicated when real estate is involved.
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Sofia Gutierrez
•Ugh didn't even think about that. Heavy machinery could definitely be fixtures depending on how it's installed.
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Dmitry Petrov
•Fixture filings require completely different procedures and sometimes real estate recordings too.
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StarSurfer
Bottom line - you probably need legal counsel at this point given the potential perfection gap and complexity. This isn't just a filing issue, it's a secured transaction structure problem that could affect your lien priority and enforcement rights.
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Ava Martinez
•Agreed. Too much at stake to try to figure this out through trial and error with the filing office.
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Anastasia Sokolov
•Thanks everyone, this has been really helpful. Definitely calling our attorney tomorrow and will look into that document checking tool to get a clearer picture of what we're dealing with.
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