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Hiroshi Nakamura

UCC Filing Issues with General Security Agreement PPSR Cross-References

We're dealing with a complex situation where our borrower has operations in multiple jurisdictions and I'm struggling with how to properly reference their general security agreement in our UCC-1 filing. The original GSA mentions PPSR registrations from their previous international dealings, and I'm not sure if including those references in our collateral description creates problems or helps establish priority. The debtor name on the GSA shows their legal entity name but also references subsidiary operations that may need separate filings. Has anyone dealt with cross-jurisdictional security agreements where the underlying collateral schedule references both UCC and PPSR systems? I'm particularly concerned about whether the SOS will reject our filing if we include references to non-UCC registration numbers in the collateral description. The loan amount is substantial ($2.8M) so getting this right is critical for our lender's position.

Zara Khan

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One more thing to consider - if your borrower has significant international operations, you might want to coordinate the timing of your UCC filings with their PPSR registrations to avoid gaps in coverage. Even though they're separate systems, the underlying collateral might move between jurisdictions.

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Zara Khan

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Yeah, it's especially important for equipment that might be temporarily relocated. You want continuous coverage even if the asset crosses borders.

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This kind of coordination is where having a centralized document verification system really helps. Being able to upload all your security documents and check for consistency across jurisdictions saves tons of time.

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Update: Thanks everyone for the advice. I ended up creating separate, clean UCC-1 filings for each entity with US-only collateral descriptions. Removed all PPSR references from the UCC documents but kept the comprehensive GSA as the master agreement. Everything got accepted without issues.

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Malik Jenkins

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Glad it worked out. The extra time spent on clean documentation always pays off.

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Nia Williams

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Thanks for following up with the resolution. Always helpful to see how these situations actually get resolved.

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Henry Delgado

CT UCC statement service manchester - need help with document verification

Hey everyone, I'm dealing with a complex situation involving multiple UCC filings and need some guidance. We're managing a portfolio of secured loans and discovered some inconsistencies between our UCC-1 statements and the corresponding charter documents. The debtor names don't match exactly across all the paperwork - some have LLC suffixes, others don't, and there are slight variations in business entity names. We've been using a document service in the Manchester area but they missed several critical discrepancies that could potentially void our security interests. Has anyone dealt with similar name matching issues across multiple UCC filings? I'm particularly concerned about the legal implications if we need to enforce these security interests and the names don't align properly. Any advice on ensuring document consistency would be really appreciated.

Ava Harris

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Just wanted to add that timing is important here. If you're going to file amendments or new UCC-1s, don't wait. The gap between discovering the problem and fixing it could be used against you if there's a dispute over priority.

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Henry Delgado

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Great point. We're prioritizing this review and will make corrections ASAP once we identify all the issues.

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Jacob Lee

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Yes, act quickly. Priority disputes are nasty and you want your filings to be bulletproof.

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Update us on how the document review goes! This thread has been really helpful for understanding the importance of getting debtor names exactly right.

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Henry Delgado

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Will do! Planning to start the systematic review this week using some of the suggestions here.

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I'd be interested in hearing about your results too. This is such a common problem but people don't talk about it enough.

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Reina Salazar

SC UCC Filing Portal Rejecting My Continuation - Need Help Fast

I'm in a panic here. Filed a UCC-3 continuation for a client's equipment loan last week through the SC SOS portal and it got rejected for "debtor name inconsistency." The original UCC-1 from 2020 has the business name as "Jackson Construction LLC" but apparently there's some tiny variation I'm missing. The continuation deadline is next month and I can't figure out what's wrong. Has anyone dealt with SC's system being super picky about exact name matches? This is a $280K piece of equipment and if the lien lapses we're screwed. The portal error message just says "debtor name does not match filing records" but gives zero specifics about what's different.

Lim Wong

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Honestly I just started using Certana.ai for all my UCC document reviews after getting burned on a filing mistake last year. Upload your UCC-1 and UCC-3 and it'll show you exactly what doesn't match. Beats spending hours squinting at documents trying to spot differences.

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Dananyl Lear

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How accurate is their system? Some of these automated tools miss nuances.

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Lim Wong

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It's been spot-on for me. Caught a middle initial discrepancy that would have caused a rejection. Way better than my tired eyes at 2 AM.

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Hope you get this sorted out. Nothing worse than a lien lapse because of a technicality. Keep us posted on what the actual issue was - might help someone else avoid the same problem.

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Reina Salazar

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Thanks everyone for the help. Going to tackle this first thing tomorrow morning with all your suggestions.

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Ana Rusula

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You've got this! SC's system is frustrating but once you know the exact format they want, the refiling should go through fine.

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Yara Khoury

UCC definition of income causing collateral description headaches on filing

Been wrestling with this for weeks and getting nowhere fast. Working on a UCC-1 for a client who's got mixed revenue streams - rental properties, consulting fees, and some investment dividends. The collateral description needs to cover "proceeds and income" but I'm second-guessing myself on what exactly qualifies as income under UCC definitions versus just general accounting income. Our SOS rejected the first filing because the collateral schedule was apparently too vague when I just wrote "all income and proceeds derived from debtor's business operations." Got a form letter saying insufficient description. Now I'm trying to be more specific but worried about being either too broad or too narrow. Anyone dealt with similar income classification issues? The debtor has about $180K annually from various sources and we need to perfect our security interest properly. Don't want to mess this up again - client's already annoyed about the delay.

The investment dividends part is interesting. Those would typically be classified as proceeds from investment securities, not income in the UCC sense. Make sure you're being precise about the characterization.

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Exactly. Proceeds language is almost always better for UCC filings.

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CosmicCowboy

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This is why that document checker I mentioned earlier is so useful. It catches these terminology distinctions.

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Omar Hassan

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Update us when you get it figured out! Always curious how these mixed-income situations get resolved. The $180K annual amount suggests this is a substantial filing so you definitely want to get it right.

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Yara Khoury

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Will do. Going to revise the collateral description based on all this feedback and probably check out that document verification service too.

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Smart approach. Better to double-check everything than deal with another rejection.

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Giovanni Colombo

UCC federal tax lien search causing debtor name verification issues

Running into a weird situation with our UCC-1 filing that got rejected twice now. We're trying to perfect our security interest but the SOS keeps kicking it back saying there's a debtor name mismatch. When I do a UCC federal tax lien search on the borrower, I'm finding some inconsistencies in how their business name appears across different databases. The federal tax lien records show 'ABC Construction LLC' but our loan docs have 'ABC Construction, LLC' (with the comma). Our UCC-1 prep used the exact name from the articles of incorporation but now I'm second-guessing everything. Has anyone dealt with this kind of cross-database name variation? The lender is getting antsy about the delayed perfection and I need to get this right. Should I be using the exact name from the federal tax lien search results or stick with what's on the charter documents?

Yara Sayegh

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For what it's worth, I always recommend getting a certified copy of the articles of incorporation directly from the SOS before preparing any UCC-1. That way you know you have the exact legal name format they have on file. Eliminates any guesswork about commas, periods, spacing, etc.

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Emma Wilson

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Agreed. And some states let you search entity records online for free so you don't even need to order a certified copy for basic name verification.

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Yara Sayegh

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True, though I still prefer the certified copy for high-dollar transactions. Belt and suspenders approach.

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Malik Davis

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This thread is super helpful! I'm dealing with something similar but with an amendment instead of an initial filing. Going to try some of these suggestions.

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UCC-3 amendments can be even trickier because you have to match the original filing exactly. Good luck!

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Malik Davis

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Thanks! Yeah I'm paranoid about getting the original filing number wrong too.

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