UCC Document Community

Our lender is requiring a clean UCC search before closing but the WDFI UCC search results keep showing a debtor name that doesn't match our borrower's legal entity name exactly. We filed the UCC-1 three months ago using the exact name from the Articles of Incorporation but now the search shows 'ABC Manufacturing LLC' instead of 'ABC Manufacturing, LLC' (notice the comma). The filing got rejected twice because of this mismatch and our closing is next week. Has anyone dealt with WDFI search discrepancies like this? The borrower swears they haven't changed their legal name and our attorney is stumped. We're stuck in this loop where the search doesn't match what we think we filed originally.

I'm handling a security cheque agreement for a client's equipment lease and running into problems with the UCC-1 filing. The debtor's legal name on their corporate registration shows as 'ABC Manufacturing Solutions LLC' but they've been operating under 'ABC Manufacturing' for years and that's what's on all their bank accounts and the security cheque. I filed the UCC-1 using the shorter name and it got rejected by the SOS office. Now I'm worried about the perfection timing since the lease already started. Do I need to refile with the exact legal name from the corporate records? Will this create issues with the security cheque agreement if the names don't match exactly? This is a $180,000 equipment package so I can't afford to mess up the lien priority. Has anyone dealt with similar debtor name mismatches in security cheque agreements?

So I'm dealing with a UCC-1 filing that got rejected twice now and I'm basically paying double the filing fees. First submission was rejected for "debtor name inconsistency" even though I copied it exactly from the business license. Second time around I tried a slightly different format and it got rejected again for "insufficient collateral description." Now I'm looking at paying a third UCC filing fee and I'm honestly not sure what I'm doing wrong here. The equipment schedule seemed pretty detailed to me - commercial kitchen equipment, model numbers, serial numbers, the works. Has anyone else run into this where the filing fees just keep adding up because of these technical rejections? I'm starting to think there's some trick to the debtor name format that I'm missing. The business is an LLC and I've tried it with "LLC" and without, with commas, without commas. At this point I'm throwing money away on UCC filing fees and getting nowhere.

Been dealing with a nightmare situation for the past month. Our lending company tried filing a UCC-1 in DC and it keeps getting rejected because the debtor name search results don't match what we have in our loan documents. The borrower is an LLC that apparently changed their registered name slightly last year but our loan agreement still references the old name. When I run the district of columbia ucc search through their online portal, I see both versions of the company name but can't figure out which one to use for the new filing. Our compliance department is breathing down my neck because we're past our perfection deadline and the $2.8M equipment loan is sitting unprotected. Has anyone dealt with DC's system recently? Their help desk basically told me to 'figure it out' which is super helpful. Need to get this right because if we mess up the debtor name again we're looking at another 10-day delay minimum.

Anyone else having issues with Michigan's UCC system this week? I've been trying to file a UCC-1 for three days and keep getting rejections on the debtor name field. The business is "Advanced Manufacturing Solutions LLC" and I've tried it exactly as it appears on their Articles of Organization, but the system keeps bouncing it back saying "debtor name does not match Secretary of State records." I've double-checked the entity search and copied it character for character. Starting to think there's a glitch in their validation system. Has anyone run into this with Michigan filings lately?