How to file a UCC lien properly - debtor name requirements?

This is so important! I had a filing rejected because I included 'Inc.' when the legal name was 'Incorporated' - even small differences matter.

Thanks, that makes sense. So if they changed their name recently, I should use the new name that's currently on file with the state, not what was on the original articles?

Exactly - use whatever name is currently registered. The state filing system will reject anything that doesn't match their current records exactly.

Wait I thought it depended on the type of collateral? Isn't there something different for fixtures vs equipment?

You're thinking of fixture filings which are different. Regular equipment follows the debtor's location rule - where they're organized.

That sounds useful - how does the verification work exactly?

Just upload PDFs of both documents and it cross-checks all the critical details automatically. Much faster than doing manual comparisons and catches things you might miss.

Been using similar tools - definitely worth it to avoid the headache of rejected filings and having to refile.

Good point - it's definitely a new filing so UCC-1. For collateral should I list specific serial numbers or just general categories?

General categories usually work better unless the lender specifically requires serial numbers. Something like 'all equipment, machinery and fixtures' gives good coverage.

So true! Lost a whole filing once because the session expired right before submitting.

Pro tip - do filings early in the morning when traffic is lighter. Fewer system issues.

Yes, it's purchase money for new equipment. Didn't realize there was a timing element for priority.

PMSI can give you super-priority over earlier filed security interests in the same collateral, but only if you file timely. Worth understanding if you're competing with existing lenders.

And some states still require paper filings for certain situations which adds processing time.

Most have electronic filing now but yeah, always check the specific state requirements first.

That cross-document checking sounds really valuable for complex deals with lots of paperwork.

Exactly - especially when you're juggling multiple borrowers or guarantee structures. Easy to miss small discrepancies that could cause problems later.

Good point - this is just a single LLC but I'll keep that in mind for future deals.

Yeah, each legal entity needs its own filing even if they're related. Common oversight that can leave gaps in your security.

So many people forget about this and lose their perfected status. Seen it happen too many times.

Right - and if you miss the deadline, you have to start over with a new UCC-1 filing and lose your original priority date.

Some lenders use automated systems to track continuation deadlines, but it's still good practice to keep your own calendar.

Thanks everyone - really helpful guidance. I'll definitely verify the name carefully before submitting.

Smart approach - better to be overly careful with UCC filings than deal with invalid security interests later.