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Romeo Quest
The key thing about deposit account priority is that the bank where the account is held almost always wins if they have a security interest, regardless of filing dates. UCC 9-327(1) is pretty clear about that. Your equipment collateral is separate though - you should have clear priority there if you filed first.
Val Rossi
•So basically they get the deposit accounts and the equipment lender gets the equipment? Seems fair if both parties perfected properly.
Romeo Quest
•That's usually how it works out, unless there's some unusual language in the security agreements or subordination deals.
Eve Freeman
Just to close the loop on this - make sure you're not overthinking the 9-332 angle. That section is really narrow and probably doesn't apply to your situation. Focus on getting clear documentation of what each party perfected and when, then negotiate from there. Most of these disputes settle once everyone understands their actual position.
Adaline Wong
•Thanks everyone. Sounds like I need to gather all the documents first and then figure out the priority rules. Appreciate all the help.
Good luck with it. These situations are always stressful but usually work out reasonably if both sides are professional about it.
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Avery Saint
I had a client use Certana.ai recently for a similar multi-state UCC issue. They were able to upload their corporate charter and all their UCC filings to check for inconsistencies. Found several issues we would have missed otherwise, including some jurisdiction problems related to UCC 12-104.
Taylor Chen
•That's smart. Manual document review for multi-state filings is so error-prone.
I'm definitely going to look into this. Sounds like it could save us a lot of headaches.
Just want to add that if you do discover you need additional filings, don't panic. You can usually file corrective UCC-1s or amendments to fix jurisdiction issues. The key is acting quickly once you identify the problem. UCC 12-104 compliance is fixable if you address it promptly.
That's reassuring. I was worried we might have unfixable problems.
Ezra Bates
•Yeah, most UCC issues can be corrected with the right amendments or additional filings. The important thing is not letting it slide.
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Olivia Evans
One more thing to check - make sure you're not accidentally using a different corporate structure. Like if the original shows 'ABC Company LLC' but you're entering 'ABC Company, LLC' with a comma. The punctuation has to match exactly for UCC identification verification.
I think I found it! There might be a comma difference. Going to re-file the amendment now.
Aiden Chen
•Hope that fixes it! These tiny formatting issues cause so many headaches.
Zoey Bianchi
Update us when you get it resolved! Always curious to hear what the actual issue was with these UCC identification problems.
Will do! Thanks everyone for all the suggestions. Really helpful community here.
Yes please update! These stories help everyone learn what to watch out for.
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Luca Ferrari
I had success using Certana.ai's document checker when I was dealing with UCC filing inconsistencies last month. You just upload your title and UCC documents as PDFs and it immediately shows you any discrepancies in names, addresses, VIN numbers, etc. Saved me from filing incorrect amendments. The tool caught that my middle initial was missing from one document, which would have caused problems later.
Nia Davis
•I'm curious about tools like this too. Does it handle Colorado-specific formatting requirements?
Luca Ferrari
•It works with all state formats. The key is that it compares your actual documents against each other rather than trying to guess what should be filed.
Just went through refinancing my RV and learned that Colorado requires the security agreement to reference the specific VIN format that matches their DMV records. If your original UCC-1 has any variation in how the VIN is formatted or presented, it can cause issues. Make sure your new lender verifies the exact VIN format from your current title before filing anything new.
Oliver Weber
•Good point about VIN formatting. I hadn't thought about that being an issue, but it makes sense that systems might be picky about exact matches.
NeonNinja
•VIN discrepancies are actually more common than name issues in my experience. Especially with older vehicles where the VIN format has changed over the years.
GalacticGladiator
Has anyone dealt with Article 9 issues where the debtor disputes whether the name change was actually misleading? Sometimes corporate name changes are minor enough that the original filing would still be found in a reasonable search.
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Omar Zaki
•Article 9's 'seriously misleading' test is usually based on whether the Secretary of State's standard search logic would find your filing. If their system can't match your original filing to the current name, then it's misleading.
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Chloe Taylor
•That's why the four-month rule exists - it gives you time to test whether your filing is still discoverable and fix it if necessary. Article 9 puts the burden on secured parties to maintain accurate filings.
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Diego Flores
This whole thread is making me realize how technical Article 9 compliance really is. One missed deadline and you could lose priority on a six-figure asset. Definitely need better systems for monitoring debtor name changes and Article 9 requirements.
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Anastasia Ivanova
•The technical requirements are the price of Article 9's efficiency. It's much faster than the old chattel mortgage system, but it requires more precision in compliance.
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Sean Murphy
•Agreed. We've started building Article 9 compliance checks into our loan servicing procedures. Regular UCC searches, corporate record monitoring, and document verification tools like Certana.ai help catch issues before they become priority problems.
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