UCC financing statement filing fee doubled after system update - anyone else?

That's crazy they didn't notify anyone. I manage UCC filings for 12 different lenders and this kind of surprise fee change could mess up our whole quarterly filing budget.

Same boat here. Just submitted invoices to clients based on the old fee structure. Now I have to go back and explain why the costs are higher.

Good point - I'll double check the breakdown. The portal interface looks different too so maybe they changed how fees are displayed.

I always screenshot the fee breakdown now because I've had portals charge me for services I didn't request. Cover your bases.

This happened to me in another state last year. They bundled certified copy fees into the base filing cost without making it optional.

Never heard of that service. Does it actually verify the fees are correct or just check the document formatting?

It cross-references your documents with current state requirements and flags potential issues including fee discrepancies. Really helpful when you're filing in multiple jurisdictions.

Paper filing takes forever though. I'd rather deal with fee surprises than wait 3 weeks for processing.

The real problem is they don't update their websites when fees change. Half the time the fee schedule page is months out of date.

At least with paper you get a clear receipt showing exactly what you paid for. These online portals are so confusing.

Which states did you call? I'm seeing weird fee variations in Texas and Florida but haven't checked others yet.

Texas, Florida, and Georgia. Georgia was the one with the modernization fee. Texas and Florida said no changes but their portals are showing different amounts than last month.

That makes sense. It's like airlines adding baggage fees instead of raising ticket prices. Same end cost but hidden in the breakdown.

Exactly! And since most people just look at the total amount, they don't realize what's base fee versus add-on charges.

This is really helpful context. I'll look more carefully at the fee breakdown to see what's actually increased.

How does that work exactly? Do you upload your UCC forms and it tells you if the fees are wrong?

You upload your documents and it cross-checks everything including current fee schedules. Really helpful for catching inconsistencies before you submit to the state.

That's the problem though - clients expect consistent pricing and these surprise fee changes make us look unreliable when costs suddenly jump.

I started adding a 10% buffer to all fee estimates to account for unexpected changes. Not ideal but better than eating the extra costs.

Smart approach. I might start doing the same thing. These fee surprises are becoming too common to ignore.

What federal requirements? I haven't heard anything about new UCC filing rules at the federal level.

Something about enhanced beneficial ownership reporting for secured transactions. Might be wrong but that's what I heard from another filer.

I think you might be mixing up different regulations. UCC filings are still purely state-level as far as I know.

Thanks for following up! That's annoying but at least now I know it's official and can plan accordingly.

Did they say if other states are doing the same thing? Trying to figure out if this is a trend or just your state.

They didn't know about other states but mentioned it was part of a multi-year system modernization project. Sounds like more increases might be coming.

How accurate is it with fee calculations? Some of these state portals are so inconsistent I don't trust anything anymore.

Pretty accurate in my experience. It's caught several fee calculation errors that would have caused rejections or overpayments. Definitely saves time compared to manually checking everything.