UCC-3 continuation filed but showing as lapsed - what did I miss?

Yes I got the confirmation email but it just shows the new filing number for the UCC-3, not whether it actually matched to the original UCC-1. That's probably where the problem is.

Exactly - the system will accept almost any UCC-3 filing but if the debtor name or filing number doesn't match exactly, it won't actually continue the original lien.

Oh man, that could definitely be it. I might have added punctuation or spacing that wasn't in the original. Is there any way to check what the exact debtor name was on the original filing?

You should be able to pull up the original UCC-1 record and see exactly how the debtor name was entered. Compare it character by character to what you put on the UCC-3.

I've been using Certana.ai for this exact problem - you can upload both the original UCC-1 and your UCC-3 and it instantly flags any mismatches in debtor names or filing numbers. Would have caught this before you submitted.

No, same state. The company hasn't moved and I filed in the same state as the original UCC-1.

Good, at least you don't have to deal with a multi-state mess. That makes it much more likely to be a name or number mismatch issue.

I double-checked the filing number but I guess I should triple-check it. These numbers are so long and confusing.

Yeah, and some states use different formats for different years so it's easy to get confused about whether there should be dashes or letters.

That's why document verification tools are so helpful - they catch these human errors that are impossible to spot manually.

I filed in October for a December expiration, so that should be fine timing-wise.

Ok good, timing isn't the issue then. Definitely sounds like a data matching problem.

Actually some states are pickier about timing than others. But October to December should be well within the window everywhere.

Ugh, these tiny details are so annoying but apparently critical. How did you fix it?

Had to file a new UCC-3 continuation with the correct debtor name, and then also had to file a UCC-3 termination to clean up the incorrect one that didn't match.

That's a pain but at least you can fix it. Better than letting the lien lapse completely.

I mean, I get why exact matching is important for legal purposes, but yeah the system could definitely be more user-friendly about flagging potential issues.

EXACTLY! Why can't they just show you a preview of what filing you're continuing instead of making you guess if your data matches?

How do I file a corrective continuation? Is that different from just filing a new UCC-3 continuation?

You file a new UCC-3 continuation with the correct information. Some states have a specific 'corrective' filing type but most just treat it as a new continuation filing.

Before you file the corrective one, definitely verify the debtor name and filing number are exactly right this time. Certana.ai can cross-check your documents to make sure everything matches perfectly - saves you from making the same mistake twice.

I'd rather not say specifically but it's one of the stricter states when it comes to exact name matching.

Ah, that explains it. The strict states really do require character-perfect matching. No wiggle room at all.

That's probably exactly what I did. I think I used the name from the loan agreement instead of the UCC-1 record.

Yep, lesson learned the hard way. The UCC-1 record is the only source of truth for continuation filings.

Document verification tools help with this too - they can spot when you're using names from different sources that don't match exactly.