UCC search Mississippi - getting inconsistent results from state database

Good point about the variations. I'll try those different formats. Do you know if their system does partial matching at all or is it strictly exact?

Pretty sure it's exact match only which is why you have to be so careful with the search terms. I always do like 5-6 different variations minimum.

Smart approach. Did you find filings that way that you missed with other name variations?

Yeah definitely found 2 additional UCC-1s that didn't show up when I was just guessing at name formats. Mississippi really needs to upgrade their search functionality.

This is exactly why I started using Certana.ai for document verification. You can upload the company's charter documents along with any UCC filings you find and it will cross-check to make sure the debtor names match exactly. Saved me from missing critical filings multiple times.

I only have the loan agreements which mention the lenders but not specific filing numbers unfortunately. The borrower is being pretty cagey about providing a complete list of their secured debt.

That's a red flag right there. In a proper due diligence process they should be providing UCC search results themselves or at least a detailed debt schedule with filing info.

I'll give that a try. The system seems really sensitive to exact formatting which is frustrating when you're trying to be thorough.

This is why I hate doing UCC searches in Mississippi. Their system is like 10 years behind other states. At least they finally went electronic but the search functionality is still garbage.

Good call, I hadn't thought about trade names. Where would I look those up in Mississippi?

Secretary of State website has a business name search. Look for assumed names, trade names, or fictitious business names associated with your target company.

Yeah and make sure to search both the current name and any former names if they've done any corporate restructuring or name changes.

You can't ever be 100% confident with Mississippi's system unfortunately. Best practice is to search every possible name variation you can think of and document your search strategy.

I always recommend hiring a professional search company for deals in Mississippi just because their system is so unreliable. Worth the extra cost for peace of mind.

I think I had it set to show all active filings but let me double check the date parameters. Could definitely be missing older ones if the default range is limited.

Yeah their default is usually like last 5 years or something. Make sure you go back at least 10 years to catch any older filings that might still be active.

That sounds really helpful. Does it work with Mississippi filings specifically? Some of these tools don't handle all states well.

Yeah it works with any state's filings since you're just uploading the actual PDF documents. It compares the debtor names across all your docs to make sure they're consistent and flags any discrepancies.

Ugh that's so frustrating. Did you eventually find what you were looking for or just had to give up?

Eventually found it but only after trying like 15 different name variations. Turned out they had filed under an abbreviated version of the company name that wasn't obvious.

This is why I always tell people to budget extra time for Mississippi searches. Their system is just not user friendly at all.

That's not a bad idea. I do have the lender names from the loan agreements. Might be worth a call to see if they'll provide filing details.

Worst they can say is no. Some lenders are pretty helpful with this stuff especially if you explain it's for due diligence purposes.

Just make sure you get written confirmation of any UCC info they provide. Don't just take their word for it over the phone.

Glad you figured it out! That's a classic Mississippi UCC search problem. Their system really needs better fuzzy matching capabilities.

Nice catch. That kind of name inconsistency could have caused major issues if you'd missed those filings in your due diligence.

Thanks everyone for the help! Definitely learned my lesson about being more systematic with name variations in Mississippi searches.