UCC Document Community

One more thing to consider - you have the right to redeem the collateral by paying off the entire debt before the sale occurs. Even if you can't cure just the default, full redemption stops the sale process completely. Might be worth exploring if you have access to alternative financing.

Document everything! Send them a written objection letter immediately citing UCC 9-611's reasonable notice requirement. For specialized manufacturing equipment worth $180k, 8 days is clearly insufficient - courts have consistently held that high-value specialized collateral requires adequate time to reach appropriate buyers. Include in your letter that you're exploring refinancing options and need reasonable time per Article 9 standards. Also request they provide proof they notified all required parties including any junior lienholders. This creates a paper trail if you need to challenge the sale in court later.

Last resort - if you can't get the termination to go through, you might need to file a correction first to update any name discrepancies, then file the termination. It's an extra step but sometimes necessary.

I've dealt with similar energy company UCC issues before. One thing that's helped me is to also check if Sunstreet Energy Group has filed any name changes or amendments with the Secretary of State since the original UCC-1. Energy companies frequently restructure or update their legal names, and sometimes the UCC system won't recognize slight variations even if they're technically the same entity. You might also want to search their corporate registration to see if there are any "also known as" names listed that could be causing the mismatch.

Whatever you do, don't ignore this hoping it goes away. I made that mistake thinking a wrong filing would just expire, but it can stay on record for years and keep causing problems. Better to deal with it now even if it's a hassle.

As a newcomer here, this thread has been incredibly educational! I had no idea UCC filings could be made so easily without verification. Reading through everyone's experiences, it seems like the key steps are: 1) Contact the secured party immediately with documentation requests, 2) Pull a complete UCC search to see the full picture, 3) Document everything for potential legal action, and 4) Consider using automated tools to verify discrepancies. The fact that this can impact business relationships so quickly is really concerning. Thanks to everyone who shared their experiences - this kind of practical knowledge is exactly why I joined this community!

Update us on how it goes! Always helpful to hear about successful addendum filings for future reference.

Pro tip from someone who's been there - when you're dealing with equipment financing collateral descriptions, consider organizing your addendum by equipment type or location if that makes sense. So all manufacturing equipment in one section, inventory in another, etc. Makes it easier to read and reduces the chance of duplication or omission. Also, if you have equipment that might be moved between locations, make sure your description accounts for that possibility. For an $850K deal, you definitely want to be thorough but also organized in your approach.

I work in commercial lending and see this confusion a lot. What you're probably looking at is either a bank's internal form that references UCC filings (banks love their own numbering systems) or possibly a UCC-1 where the "1" got written sloppily and looks like "11". I'd recommend checking if there's a standard UCC-1 checkbox section on the form - that's the easiest way to tell if it's an actual state filing versus internal bank documentation. Also look for the official Florida Department of State header at the top, which all real UCC forms should have.

As someone who's dealt with business document cleanup before, I'd bet money this is either a UCC-1 with messy handwriting or an internal lender form. The trucking industry especially generates tons of financing paperwork that references UCC filings but isn't actually filed with the state. Try looking for these key identifiers: 1) Official Florida Department of State letterhead at the top, 2) Standard UCC checkbox sections (financing statement, continuation, amendment, etc.), 3) The secretary of state filing stamp if it was actually submitted. If it's missing any of these, it's probably just part of the loan documentation package. Banks and finance companies create their own tracking forms that can easily be mistaken for official state filings.