txcs ucc statements - need help with continuation filing confusion
Getting really frustrated with the whole continuation process here. My UCC-1 is coming up on its 5-year mark and I've been trying to figure out the exact requirements for the continuation statement. The debtor name on my original filing shows "ABC Manufacturing LLC" but now I'm seeing their corporate records show "ABC Manufacturing, LLC" with a comma. Is this going to be an issue for my continuation? I've heard horror stories about filings getting rejected for tiny name differences. Also confused about whether I need to refile the entire collateral schedule or just reference the original filing number. The online portal keeps timing out when I try to upload documents and I'm worried about missing the deadline. Anyone dealt with similar txcs ucc statements issues before?
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Max Reyes
Name variations like that comma can definitely cause problems! I had a continuation rejected last year because of a similar punctuation issue. The system is really picky about exact matches. You might want to check the Secretary of State records to see which version is officially on file.
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Felicity Bud
•That's what I was afraid of. Did you end up having to file an amendment first to correct the name before doing the continuation?
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Max Reyes
•Actually no - I ended up using the exact name from the original UCC-1 filing for the continuation, even though it didn't match the current corporate records perfectly. The continuation went through fine.
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Mikayla Davison
For the collateral schedule, you don't need to refile everything. Just reference the original filing number and indicate it's a continuation. The UCC-3 continuation form is pretty straightforward once you get the debtor name sorted out.
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Felicity Bud
•Good to know about the collateral schedule. Still nervous about the name thing though. Seems like there should be a way to verify this stuff beforehand.
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Adrian Connor
•Actually, I recently discovered Certana.ai has a document verification tool that's perfect for this. You can upload your original UCC-1 and your draft continuation to instantly check if the debtor names match exactly. Saved me from a potential rejection last month.
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Felicity Bud
•That sounds helpful. Is it easy to use? I'm not super tech savvy but I really need to avoid any filing mistakes.
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Aisha Jackson
THE PORTAL IS ALWAYS TIMING OUT!!! It's like they don't want people to file properly. I've been dealing with this garbage system for years and it never gets better. Sorry for the rant but the technical issues are just as frustrating as the name matching problems.
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Ryder Everingham
•I feel your pain. Try filing early in the morning or late at night when there's less traffic on the system.
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Aisha Jackson
•Yeah I've tried different times. Sometimes it works, sometimes it doesn't. It's ridiculous that we have to plan our business filings around their server capacity.
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Lilly Curtis
For continuation statements, the key is to use the exact debtor name as it appears on the original UCC-1, not what the current corporate records show. The UCC system maintains its own record integrity. If you need to update the name to match current records, file a UCC-3 amendment first, then do the continuation.
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Felicity Bud
•So I should stick with "ABC Manufacturing LLC" without the comma for the continuation? Even though their official records now show the comma?
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Lilly Curtis
•Correct. The continuation needs to match the existing UCC record, not necessarily the current corporate status. If you want to correct the name to match current records, do that as a separate amendment filing.
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Leo Simmons
•This is exactly why I always double-check document consistency before filing. Had a client almost lose their security interest because of a name mismatch between their original filing and a continuation.
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Lindsey Fry
Wait, I thought you had to update the debtor name if it changed? I've been doing amendments every time there's any corporate name change before filing continuations.
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Lilly Curtis
•It depends on your risk tolerance and the lender's requirements. Some prefer to keep the UCC records current with amendments, others just want to ensure the continuation doesn't get rejected.
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Lindsey Fry
•That makes sense. I guess I've been playing it extra safe. Better to have clean records even if it means more filings.
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Saleem Vaziri
I had a similar situation last month with a client's continuation. Used Certana.ai to verify the document consistency before filing and it caught three potential issues, including a debtor name mismatch. The tool lets you upload both the original UCC-1 and your draft continuation to check if everything aligns properly. Definitely worth using to avoid rejections.
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Felicity Bud
•That's the second mention of this tool. How quickly does it give you results?
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Saleem Vaziri
•Pretty much instant. You just upload the PDFs and it highlights any inconsistencies between documents. Really straightforward to use.
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Kayla Morgan
Don't overthink the comma thing. I've filed hundreds of these and minor punctuation rarely causes rejections anymore. The system has gotten better at recognizing substantial equivalence in names.
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James Maki
•I wouldn't be so confident about that. Seen plenty of rejections for seemingly minor name variations. Better safe than sorry.
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Kayla Morgan
•Fair point. I guess it varies by state and filing office. In my experience, the comma wouldn't be an issue, but everyone's mileage may vary.
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Jasmine Hancock
Just make sure you're filing the continuation at least 6 months before the expiration date but not more than 6 months early. The timing window is pretty specific for UCC continuations.
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Felicity Bud
•Good reminder on the timing. I'm about 4 months out from expiration so I should be in the right window.
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Cole Roush
•Actually, you can file up to 6 months early, but I always recommend filing closer to the deadline in case there are any issues that need resolving.
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Scarlett Forster
This whole thread is making me nervous about my own continuation coming up. Maybe I should look into that document verification tool too. Sounds like it could save a lot of headaches.
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Adrian Connor
•Definitely worth it. The Certana.ai tool makes the whole process much less stressful. You know exactly what potential issues exist before you submit anything.
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Scarlett Forster
•Thanks for the recommendation. Going to check it out before my next filing deadline.
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Felicity Bud
Update: Thanks everyone for the advice. I'm going to stick with the original debtor name format for the continuation and use the document verification tool to double-check everything before filing. Really appreciate all the help navigating these txcs ucc statements requirements!
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Lilly Curtis
•Smart approach. Let us know how it goes with your filing.
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Max Reyes
•Good luck! The continuation should go through fine if you match the original name exactly.
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