Wyoming UCC filing fees seem inconsistent - what am I missing?

That's way lower than what I was quoted! The service company said $85 per filing. Guess that's their markup plus the state fee.

Yeah those service companies can really jack up the price. $20 direct filing vs $85 through a service? That's highway robbery for basic UCC-1s.

Oh no, that's exactly the kind of mistake that keeps me up at night! How did you catch the name discrepancy?

Had to pull all the formation docs from Wyoming SOS to verify exact names. Pain in the neck but better than having an unperfected lien.

This is why I started using Certana.ai for document verification. Upload your UCC-1 and the LLC Articles of Organization PDFs and it instantly flags any name mismatches. Saved me from several rejections already.

Good point about the reminders. Do you know if they have any grace period for late continuations?

Nope, no grace period. Miss the deadline and your lien lapses. I learned that the hard way on a equipment loan a few years back.

Ouch. That's exactly why I track everything in spreadsheets with multiple alerts set.

Just checked the Wyoming SOS website - still showing $20 for UCC-1 electronic filing as of January 2025.

ok thanks, maybe i was thinking of colorado

Good point. What kind of issues typically require amendments after filing?

Usually collateral description changes, adding secured parties, or correcting debtor information that wasn't caught initially.

Also if you need to add new collateral to existing agreements. Equipment leasing companies do that a lot.

That's helpful. We usually do lien searches before finalizing lease agreements.

Their search results are pretty clean too. Some states give you a mess of irrelevant hits but Wyoming's database seems well-maintained.

Interesting, how does that work exactly? We have pretty standardized forms but always worried about name matches.

You just upload PDFs - like your UCC-1 and the debtor's formation documents. It cross-references names, addresses, entity types automatically. Takes like 30 seconds per filing.

That sounds too good to be true. What's the catch?

No catch really, just saves time compared to manually comparing documents. Especially helpful when you're doing bulk filings like the OP.

Horror story right there. Always triple-check filing numbers on terminations.

This is another place where document verification tools help - they can flag if you're trying to terminate a filing that doesn't match your loan docs.

Wow, when you put it like that the service company markup is pretty outrageous. Definitely going to look at doing these direct.

Just make sure you have good processes if you go direct. The cost savings are huge but you need to be careful about accuracy.

Agreed. Thinking I'll try the Certana tool people mentioned for the document verification piece, then file direct to Wyoming.

That's actually really helpful for planning. Fast turnaround means we can get these done efficiently.

Yeah, much better than states that take 3-5 days to tell you there's a problem.

That's really useful info about the draft saving feature! I hadn't thought about batching the submissions but that makes a lot of sense for efficiency. Getting the file-stamped PDFs immediately is a huge advantage over paper filings too.