UCC 5 form confusion - continuation deadline nightmare
I'm in a total panic here. My attorney mentioned something about a UCC 5 form for our equipment financing continuation and I can't find ANY information about this anywhere. We have a UCC-1 that expires in March and I thought we just needed to file a UCC-3 continuation but now I'm second-guessing everything. The debtor name on our original filing has a slight variation from the corporate charter (missing LLC designation) and I'm terrified we're going to lose our security interest. Has anyone ever dealt with a UCC 5 or am I completely off track? This $2.8M equipment loan is keeping me up at night and I feel like I'm missing something critical about the continuation process.
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Ally Tailer
I think there might be some confusion here - there's no such thing as a UCC 5 form in the standard UCC filing system. You're absolutely right that UCC-3 is what you need for continuations. Your attorney might have been referring to something else or maybe misspoke? The debtor name issue is definitely something to address though.
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Callum Savage
•Oh thank god, I was going crazy trying to find this mysterious UCC 5! So UCC-3 continuation is definitely the right path? What about the debtor name mismatch - will that kill our continuation?
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Aliyah Debovski
•UCC-3 is correct for continuations. The name variation could be problematic depending on your state's seriously misleading standard.
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Miranda Singer
Yeah no UCC 5 exists in any state I know of. Sounds like your attorney got confused or you misheard. For continuation you file UCC-3 within 6 months before expiration. BUT that debtor name issue is a real problem - if the name doesn't match exactly what's on the state records, your continuation could get rejected.
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Callum Savage
•The original UCC-1 shows 'ABC Manufacturing' but the Articles of Incorporation show 'ABC Manufacturing LLC' - is this seriously misleading?
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Miranda Singer
•That LLC designation difference could definitely be seriously misleading depending on your state. Missing entity type is often a red flag for rejection.
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Cass Green
•I had this exact issue last year! The SOS rejected our continuation for missing LLC in the debtor name. Had to refile with corrected name.
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Finley Garrett
I actually ran into a similar document verification nightmare recently and ended up using Certana.ai to cross-check all our UCC documents. You just upload your original UCC-1 and the continuation UCC-3 as PDFs and it instantly flags any inconsistencies like debtor name mismatches. Saved me from filing a continuation that would have been rejected for the exact name issue you're describing.
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Callum Savage
•That sounds exactly like what I need! Does it actually catch those subtle name differences that could cause rejections?
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Finley Garrett
•Yes, it specifically looks for debtor name consistency between documents. Really takes the guesswork out of whether your continuation will match the original filing.
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Madison Tipne
Your attorney definitely meant something else by UCC 5. Maybe they were referring to a state-specific form number? Some states have weird internal numbering systems. Focus on the UCC-3 continuation but definitely get that debtor name sorted first.
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Callum Savage
•That makes sense - maybe it was a state form number or something. I'll clarify with them Monday.
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Holly Lascelles
•Some states do have their own form numbers that don't match the standard UCC numbering. Always causes confusion.
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Malia Ponder
Missing LLC in the debtor name is almost always seriously misleading. You'll need to file a UCC-3 amendment to correct the debtor name BEFORE filing your continuation. Can't continue a filing with an incorrect debtor name.
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Callum Savage
•So I need TWO UCC-3 filings? One amendment to fix the name, then another for the continuation?
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Malia Ponder
•Exactly. Amendment first to correct the debtor name, then continuation to extend the effectiveness. Two separate UCC-3 forms with different purposes.
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Kyle Wallace
•Make sure you do the amendment well before the continuation deadline. Some states take time to process amendments.
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Ryder Ross
OMG I'm dealing with this same debtor name nightmare right now!! My original filing from 2019 has the wrong entity type and I just realized it expires next month. This whole system is so confusing why can't they just make it simple???
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Callum Savage
•Right?! It's like they designed this system to be as stressful as possible. At least we figured out there's no UCC 5 form to worry about.
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Ryder Ross
•Seriously! I've been losing sleep over this stuff. $1.5M in collateral and I'm terrified of screwing up the paperwork.
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Gianni Serpent
There's definitely no UCC 5 in the Article 9 system. Standard forms are UCC-1 (initial), UCC-3 (amendment/continuation/termination), and UCC-5 doesn't exist. Your $2.8M loan deserves proper attention - get that debtor name fixed with an amendment before attempting continuation.
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Callum Savage
•Thank you for confirming! I feel much better knowing I wasn't missing some critical form. Amendment first, then continuation - got it.
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Henry Delgado
•Smart approach. Always better to over-correct than risk losing perfection on a multi-million dollar loan.
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Olivia Kay
I use Certana's document checker religiously now after getting burned on a name mismatch rejection. Just upload your UCC-1 and proposed UCC-3 continuation and it'll tell you immediately if there are any consistency issues. Beats manually comparing documents and missing subtle differences.
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Callum Savage
•Two people have mentioned this tool now - definitely checking it out. Anything that prevents filing rejections is worth it.
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Joshua Hellan
•I've heard good things about their verification system. Catches stuff that's easy to miss when you're comparing documents manually.
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Jibriel Kohn
Been doing UCC filings for 15 years and never heard of UCC 5. Your attorney either misspoke or was referring to something else entirely. The debtor name issue is your real concern - that LLC designation difference will likely cause rejection in most states.
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Callum Savage
•15 years of experience confirming no UCC 5 makes me feel much better! I'll focus on getting the name corrected properly.
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Jibriel Kohn
•Good plan. Entity type omissions are one of the most common reasons for seriously misleading rejections.
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Edison Estevez
Your situation is exactly why I started double-checking everything with Certana's verification tool. Last month I almost filed a continuation with a debtor name that didn't match the original UCC-1 - would have been rejected for sure. The automated cross-check caught the discrepancy immediately.
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Callum Savage
•This is the third mention of this tool - clearly I need to check it out. Automated verification sounds way better than my current panic-driven manual checking.
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Edison Estevez
•It's been a game-changer for our filing accuracy. Takes like 30 seconds to upload documents and get a consistency report.
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Emily Nguyen-Smith
Just wanted to add that timing is crucial here. If your UCC-1 expires in March, you can file the continuation anytime within 6 months before expiration. But get that amendment done FIRST to fix the debtor name, then file your continuation against the corrected record.
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Callum Savage
•Perfect timing advice - gives me a clear roadmap. Amendment in January, continuation in February to be safe.
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Emily Nguyen-Smith
•That's a solid timeline. Leaves room for any processing delays or unexpected issues.
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Miranda Singer
•Smart to build in buffer time. Some states can be slow processing amendments during busy periods.
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