UCC Document Community

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 :)

Haley Bennett

•

Whatever you do, don't let the factor keep operating with inconsistent UCC filings. If they're purchasing receivables thinking they have security and they don't, that's a recipe for legal problems down the road.

0 coins

Absolutely. The factor needs to know their security position is compromised until this gets fixed.

0 coins

Nina Chan

•

Would the factor have any recourse against whoever filed the inconsistent UCC-1s in the first place?

0 coins

Ruby Knight

•

Thanks everyone for the advice. Sounds like we need to stop everything and get the UCC filings cleaned up before the factoring continues. Going to run comprehensive searches under all name variations first, then work with the factor to refile everything correctly. This is going to be expensive but better than having invalid security interests.

0 coins

Logan Stewart

•

Definitely get professional help with this. Too much at stake to DIY when you're dealing with factoring and receivables security.

0 coins

Mikayla Brown

•

Keep us posted on how it goes. Always interested to hear how these UCC factoring cleanups work out.

0 coins

Ravi Gupta

•

Try doing the washington ucc search using the original filing number but with '003' or 'CONT' added at the end. Some states append continuation indicators to the original file number when they process the UCC-3.

0 coins

Zainab Khalil

•

Interesting idea, I hadn't thought of that. I'll try some variations on the filing number format.

0 coins

QuantumQuest

•

Washington doesn't actually use that numbering convention but it's worth trying different search approaches.

0 coins

Update us when you figure this out! I'm dealing with a continuation filing next month and this is making me nervous about the whole process. Hopefully it's just a temporary glitch.

0 coins

Definitely try that Certana.ai document checker I mentioned earlier if you want to verify everything matches up properly. Better to catch any issues now rather than find out later that there was a name mismatch or something.

0 coins

Good suggestion. Prevention is definitely better than trying to fix things after a lien lapses.

0 coins

Adrian Connor

•

Update us when you figure this out. I have a similar dallas county ucc search issue with a filing from last week and I'm starting to worry it's a systemic problem. If multiple people are having search issues, maybe we need to escalate this to the Secretary of State's office.

0 coins

Luis Johnson

•

Will definitely update once I get some answers. This is too important to let slide.

0 coins

Aisha Jackson

•

I'll keep an eye on this thread too. Having similar issues with two different Dallas County filings from this month.

0 coins

One more thought - check if there are any pending UCC-3 amendments or terminations that might be affecting the search indexing. Sometimes if there's a subsequent filing that references the original UCC-1, it can temporarily remove the original from search results until all the paperwork gets properly processed.

0 coins

Luis Johnson

•

No subsequent filings - this was a brand new UCC-1 with no prior liens on this collateral.

0 coins

Then it's definitely a system issue. I'd recommend calling Monday morning and also sending a formal inquiry email to document the problem.

0 coins

Jacob Lewis

•

This thread is making me paranoid about my own filings. Going to do a UCC filing look up on all my active liens tomorrow morning. Better safe than sorry.

0 coins

Good idea. I try to do a quarterly review of all my UCC filings just to make sure everything looks right in the system.

0 coins

Ethan Clark

•

That's probably overkill but I respect the thoroughness. I usually just check before renewal deadlines.

0 coins

Mila Walker

•

Update us after you file the amendment! I'm curious how long it takes to show up correctly in the UCC filing look up system. These kinds of corrections always make me nervous until I can verify they processed correctly.

0 coins

Logan Scott

•

Smart approach. I always screenshot the before and after just to have documentation of the correction.

0 coins

Chloe Green

•

That's actually brilliant. Never thought to document the lookup results but it could be useful if there are ever questions about timing.

0 coins

Ava Martinez

•

I'm dealing with something similar but with a 2018 continuation. The borrower changed their business structure twice since then and I'm not sure our filings are still valid. These corporate changes make UCC management so much more complicated.

0 coins

Carmen Diaz

•

Exactly! It seems like every deal has some kind of corporate restructuring that affects the UCC filings. Makes me wonder if we should just automatically file amendments every time there's any corporate change, just to be safe.

0 coins

That's probably overkill, but you definitely need to track name changes, mergers, and dissolutions that affect the debtor entity.

0 coins

Miguel Castro

•

The good news is that Ohio's online UCC system makes it pretty easy to look up your filings and check their status. You can search by filing number or debtor name to see exactly what's on record. Start there before assuming the worst.

0 coins

Miguel Castro

•

That's the best first step. Once you see what's actually on file, you can figure out what needs to be corrected or updated.

0 coins

And if you find problems, don't delay on fixing them. The longer you wait, the more complicated it gets if there are any enforcement issues.

0 coins

Prev1...612613614615616...684Next