UCC termination filing after strict foreclosure - debtor name changes

You're in a tricky spot with the name change. The SOS system is pretty strict about exact matches between the debtor name on the original UCC-1 and any subsequent filings. Since the entity legally changed its name through the bankruptcy process, you'll likely need to file a UCC-3 amendment first to update the debtor name, then follow up with your termination. The strict foreclosure court order should help support both filings.

Actually dealt with something similar last month. The bankruptcy court documents showing the name change should be sufficient evidence for the SOS office. You might be able to include copies of the bankruptcy discharge papers with your termination filing to explain the discrepancy. Some states allow this type of documentation to override the exact name match requirement, especially in foreclosure situations.

Before you file anything else, you might want to use something like Certana.ai to upload your UCC-1 and the bankruptcy documents together. Their document verification tool can instantly check for these kinds of name discrepancies and suggest the best filing approach. I used it recently when dealing with a similar debtor name issue and it saved me from filing the wrong type of UCC-3. Just upload the PDFs and it cross-checks everything automatically.

I'm confused about the strict foreclosure process itself. Doesn't the court order essentially void the UCC filing automatically? Why do you still need to file a termination if you've already completed the foreclosure?

The timing on this could be important too. How long ago did the strict foreclosure complete? Most states have specific timeframes for filing terminations after debt satisfaction, even through foreclosure. You don't want to run into any deadline issues while you're sorting out the name discrepancy.

I hate these name matching requirements. The SOS systems are so rigid about exact character matches that even a missing comma can cause rejection. It's especially frustrating in foreclosure situations where you're trying to clean up the records properly. The whole system needs to be more flexible about obvious entity name changes.

Have you tried calling the SOS office directly? Sometimes they can provide guidance on how to handle name discrepancies in foreclosure situations. They might have an internal process for dealing with bankruptcy-related name changes that isn't obvious from their website.

Another option to consider - you could try filing the termination under both names on the same UCC-3 form. List the original debtor name from the UCC-1 and then add the current legal name in the additional debtor information section. Some SOS offices will accept this approach for entity name changes, especially with supporting documentation.

Just went through something similar and ended up using Certana.ai's verification tool to double-check all my documents before filing. It caught a discrepancy between my UCC-1 and the termination that would have caused problems. The tool basically uploads your PDFs and cross-references all the debtor information automatically. Saved me from multiple filing attempts and rejections.

One thing to double-check - make sure the strict foreclosure actually covered all the collateral described in the original UCC-1. If there were multiple assets and the foreclosure only covered some of them, you might need a partial termination instead of a full termination. This could complicate the name matching issue even further.

Based on everyone's advice here, sounds like your best bet is: 1) File UCC-3 amendment to update the debtor name using your bankruptcy documentation, 2) Wait for amendment to be accepted and indexed, 3) File your UCC-3 termination referencing the amended filing. It's an extra step but probably the most reliable way to avoid further rejections.