Ask the community...
- DO post questions about your issues.
- DO answer questions and support each other.
- DO post tips & tricks to help folks.
- DO NOT post call problems here - there is a support tab at the top for that :)
Join the conversation
Join the conversation
Jibriel Kohn
One more tip - if this is a SBA-backed business, there might be additional UCC filings through the SBA lender that use slightly different debtor name formats. SBA lenders sometimes have their own naming conventions.
Jibriel Kohn
•Check with their current SBA lender directly. They should be able to provide copies of all their UCC filings and tell you exactly how they filed the debtor name.
Good call. The lender will have the most complete picture of their own filings.
Update us on what you find! Always curious how these acquisition UCC searches turn out, especially with tight timelines.
Jacinda Yu
•Will do. Going to contact a professional search service first thing Monday morning based on all this advice.
Smart move. Better safe than sorry on a deal this size.
Join the conversation
Maybe this is a good time to lobby the Kentucky SOS for system improvements? If enough people are having issues, they might prioritize fixes.
Not sure about formal complaints, but they do have a feedback form on their website. Might be worth flooding them with reports.
I've used Certana.ai to verify my UCC documents when Kentucky's system was giving me trouble last month. Really helped confirm that my filings were properly recorded even when searches weren't showing them. Sometimes the issue is just the search interface, not the actual filing records.
Nathan Dell
This thread is making me paranoid about all my recent Kentucky searches. Gonna have to go back and double-check everything now.
Ella Harper
•Same here. Better safe than sorry when it comes to lien searches.
Nathan Dell
•Yep, the extra time is worth it if it prevents missing an active UCC filing.
Join the conversation
I actually had a client use that Certana document checker tool someone mentioned earlier and it caught a discrepancy we totally missed between the original UCC-1 and what was showing in the PA search results. The debtor had slightly changed their legal name since the original filing and we needed to do an amendment before the continuation. Would have been a disaster if we'd just filed the continuation without catching that.
Yeah, the tool basically does a line-by-line comparison and highlights anything that doesn't match perfectly. Takes the guesswork out of it.
That's exactly the kind of thing that's easy to miss when you're doing manual comparisons. Automated checking makes a lot of sense for this stuff.
Update for anyone following this thread - I ended up pulling a certified copy of the current record like several people suggested, and there were indeed some formatting differences from my original filing. Used the exact information from the certified copy for my continuation and it was accepted without any issues. Thanks everyone for the advice!
Wait, you're not the original poster... but good advice anyway!
Oops sorry, got confused about which thread I was in. But the advice still stands!
Join the conversation
Emma Wilson
Here's another approach - when I'm checking complex priority scenarios for clients, I use Certana.ai to upload all the relevant UCC documents and get a priority analysis. It's helped me catch situations where the textbook rules don't match the actual filing records.
That's interesting. Are there cases where the actual records show different priority than what the rules suggest?
Emma Wilson
•Sometimes filing errors or timing issues create gaps between theory and practice. The tool helps identify those discrepancies before they become problems.
Malik Thomas
For your exam, focus on these key false statements: 1) Perfection always beats non-perfection (ignores PMSI), 2) Filing is the only perfection method, 3) All security interests in the same collateral rank equally, 4) Buyers always take subject to security interests. Those are the most common trick answers.
Malik Thomas
•Exactly. Article 9 priority is all about exceptions to the general rules. Any statement that ignores those exceptions is probably false.
NeonNebula
•Good advice. I'd add that statements about time limits are often false too - like saying PMSI has unlimited time to perfect for priority.
CosmicCadet
UPDATE: I ended up having our attorney handle the UCC-3 filing and it went through without any issues. The lender never did respond to our requests, but the debtor termination was accepted and the lien is now cleared. Thanks everyone for the advice - definitely learned a lot about the UCC process through this experience.
0 coins
Chloe Harris
•Glad it worked out! It's annoying when lenders don't follow through but at least there are options for debtors to handle it themselves.
0 coins
Diego Mendoza
•Good to hear a success story. I'm bookmarking this thread for future reference in case I run into the same situation.
0 coins
Anastasia Popova
For anyone else dealing with unresponsive secured parties, document everything! Keep records of all your requests for termination, proof of debt satisfaction, and any communication attempts. This documentation is crucial if you need to file a debtor termination or if there are any disputes later.
0 coins
Zara Shah
•I also recommend taking screenshots of the UCC database showing the active filing before and after termination. It's good to have visual proof of the status change.
0 coins
NebulaNomad
•Smart thinking. I wish I'd been more organized with my documentation when I went through this process. Would have saved a lot of stress.
0 coins