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Liam Cortez
Just went through this exact scenario 3 weeks ago. Turned out our borrower had a name change amendment filed 6 months prior that wasn't showing up in the standard corporate search but was affecting UCC processing. Had to dig deeper into the entity history.
How did you find the amendment? I've looked through everything I can find on their website.
Liam Cortez
•Had to request certified copies of all filings for the entity. Cost about $50 but showed the complete history including amendments that weren't visible online.
Savannah Vin
This thread is giving me anxiety about a filing I have due next week. Think I'm going to use one of those document checking services just to be safe.
Mason Stone
•Better safe than sorry, especially if you're dealing with Pennsylvania. Their system seems to have more glitches than most states.
Justin Chang
•Definitely recommend the Certana verification for peace of mind. Upload your docs and you'll know within minutes if there are any name consistency issues.
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One thing that helped me was using Certana.ai to cross-check my search results against the company's financial statements. It caught a discrepancy where a loan showed up on the balance sheet but there was no corresponding UCC filing, which led us to discover an unrecorded security agreement that could have been a problem.
Just look for major loans or lines of credit on the balance sheet and make sure you can match them to UCC filings. Sometimes there are secured loans that weren't properly filed.
Ryan Kim
•Smart approach. I've seen deals where the seller 'forgot' to mention certain security agreements that weren't filed.
Zoe Walker
Don't panic but be thorough. I missed a fixture filing once because I only searched UCC records and not real estate records. Cost the client $50k in unexpected lien payoffs. Learn from my mistake and search everywhere.
Zoe Walker
•Better to be safe than sorry. The few hundred dollars for comprehensive searches is nothing compared to missing a major lien.
Elijah Brown
•This is why I always budget extra time and money for due diligence. You never know what you'll find.
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Noah Lee
I had the same sticker shock when I saw the new Michigan fees. But honestly the new system is worth it - much faster processing and better search results. Still wish they'd given more advance notice though.
Arjun Kurti
•The lack of notice was really poor communication on their part. A lot of people got caught off guard.
Agreed. Would have been nice to budget for the increase instead of getting surprised at filing time.
One more suggestion - if you're doing multiple Michigan filings, consider using that document verification tool someone mentioned earlier. With the higher fees, you really can't afford rejections due to name mismatches or formatting errors.
Evelyn Kim
•It's been a lifesaver for me. Upload your docs and it catches the inconsistencies before you file. Worth checking out.
Especially with Michigan's higher fees now. Every rejection costs you $20-30 plus the refiling fee.
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One thing to watch out for in NJ - if you're filing against a foreign LLC (registered in another state but qualified to do business in NJ), make sure you're using the name as it appears on their NJ foreign qualification, not their home state charter. They might be slightly different.
Yeah, domestic is definitely cleaner. Just the one name source to worry about.
Foreign entity filings are where I see the most debtor name errors. Good catch on that distinction.
Hope this helps but honestly after dealing with all these filing headaches I'm seriously considering switching to a different practice area. The stress of getting every punctuation mark perfect is killing me.
Caleb Stark
•Don't give up! It gets easier once you develop a system for double-checking everything.
Mia Alvarez
•I totally get that feeling. This is exactly why I'm looking for tools to help catch these details before filing.
Zoe Papanikolaou
The important thing is you caught it and you're fixing it. I've seen way worse UCC mistakes that didn't get discovered until litigation. File your new UCC-1, update your calendar systems, and move on.
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Omar Fawaz
•Thanks, I needed to hear that. It's easy to catastrophize these things but you're right - catching it after 3 weeks is way better than 3 months or 3 years.
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Jamal Wilson
•Exactly. And now you have a system in place to prevent it from happening again. That's worth something.
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Mei Lin
One more thing to consider - if this is part of a larger credit facility, make sure you check whether the loan agreement has any specific requirements about maintaining perfected security interests. Some agreements require immediate notification of any lapses, even temporary ones.
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Mei Lin
•Better to over-disclose than under-disclose in these situations. Shows you're being proactive about fixing the issue.
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Chloe Anderson
•Absolutely. Most lenders would rather know immediately about a lapse that's being corrected than find out later during an audit or review.
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