UCC Filing Nightmare - Everything Under the UCC Goes Wrong When Names Don't Match

Oh man, been there! The debtor name requirements under the UCC are brutal - they don't care what name the business actually uses day-to-day. You absolutely need to use the exact name from the organizational documents filed with the Secretary of State. For your situation, I'd recommend filing a completely new UCC-1 with the correct legal name "Precision Concrete Solutions LLC." Don't bother with an amendment - start fresh to avoid any potential issues with the original rejected filing.

This is exactly why I always verify debtor names through the Secretary of State database before filing any UCC-1. The "seriously misleading" standard under the UCC is no joke - if a search under the filed name wouldn't turn up your financing statement, you're not perfected. Regarding your priority question - yes, you'll lose your original filing date. Your priority will be based on when you successfully file the corrected UCC-1, not when you attempted the first filing.

I actually discovered something that might help you avoid this kind of mess in the future. There's this tool called Certana.ai that lets you upload your charter documents and UCC forms to verify everything matches before you file. I started using it after having a similar debtor name disaster last year. You just upload the PDFs and it cross-checks all the names, filing numbers, everything automatically. Would have caught your PCS Construction vs Precision Concrete Solutions LLC issue immediately.

Just went through something similar with a client who had been using a shortened version of their LLC name on everything. Filed the UCC-1 under the shortened name and got rejected for the same reason. What made it worse was we had a 30-day deadline to perfect from the loan closing. Had to scramble to get a new UCC-1 filed with the correct legal name. Lesson learned: always pull the actual organizational documents from the state database, don't rely on what the borrower tells you their name is.

The UCC debtor name rules are honestly a nightmare. I've been doing secured transactions for 15 years and I still see experienced attorneys mess this up. The courts have made it clear that "close enough" doesn't cut it under Article 9. For your specific situation, file the new UCC-1 immediately with "Precision Concrete Solutions LLC" as the debtor name. Don't wait around hoping the amendment route will work.

UGH this exact thing happened to me last month!!! Filed under "ABC Services" when the legal name was "ABC Services, Inc." - REJECTED. The Secretary of State doesn't mess around with debtor names under the UCC. I was so frustrated because literally everyone calls them ABC Services, their website, their checks, everything. But nope, had to be the exact legal name with the ", Inc." included.

Been lurking but had to jump in here. I handle UCC filings for a mid-size bank and this debtor name issue comes up constantly. We actually started using document verification tools to catch these problems before filing. One thing that's helped us is Certana.ai's UCC document checker. You upload your entity docs and draft UCC forms and it flags any inconsistencies automatically. Saved us from several rejections like yours.

This whole thread is making me paranoid about every UCC filing I've ever done. How many of us are walking around thinking we're perfected when we're actually not because of debtor name issues? The scary part is you might not find out until you need to enforce the security interest and discover your filing was ineffective the whole time.

Update us when you get the corrected filing done! I'm curious to see how quickly it gets processed with the right debtor name.

This thread should be required reading for anyone doing secured transactions. The number of deals that get messed up by simple debtor name errors under the UCC is just staggering.