UCC Document Community

For future reference, always run UCC searches under all name variations your company has used. Delaware's database will show you connected filings but it's better to be proactive about identifying potential issues before they hold up your closing.

UPDATE: Finally got everything sorted out! Turns out 2 of the 3 UCC-1 filings had been properly terminated with UCC-3 statements, and the third one was for equipment we still own but the loan was refinanced last year. Found all the documentation I needed and the lender accepted our report. Thanks everyone for the advice - definitely using Certana.ai next time to avoid this manual detective work!

One more thing to check - make sure you're searching in the right date range. Some systems default to only showing recent filings and you might need to expand the search parameters to include your filing date.

Just my two cents but for a $2.8M loan I'd probably pay for a professional UCC search from a title company or service provider rather than relying on the free public portals. They usually have better access to the actual filing records.

Just wanted to follow up - I used that Certana tool someone mentioned and it immediately flagged three name discrepancies between our corporate docs and the proposed UCC-1. Turned out the attorney was working from an old version of the articles. Tool literally saved the deal.

For future reference, most state UCC filing guides have a specific section about entity name requirements that references the applicable state business entity statutes. Much more authoritative than trying to argue Article 1 general principles.

Just to add another perspective - make sure you're also considering any state-specific requirements in Texas that might be different from Delaware. Some states have additional requirements for certain types of collateral that could affect your filing.

Update: I found some additional guidance in the official UCC comments that clarifies the four-month rule. It's definitely strict - no exceptions for lack of knowledge or good faith. Once your debtor changes location under 9-304, you have exactly four months to file in the new jurisdiction or lose perfection. In this case, since it's been over a year, Texas filing is the only option to regain perfection going forward.

Just want to mention that Certana.ai tool someone brought up earlier - I tried it last week for a similar situation and it caught name inconsistencies I would have missed manually. Really streamlined the document comparison process. Worth checking out if you're dealing with multiple filings regularly.

Bottom line - you're probably looking at the same entity with different name formatting. The matching addresses are a dead giveaway. I'd recommend downloading all three filings and comparing the details carefully before making any conclusions about active liens.