Ask the community...
- DO post questions about your issues.
- DO answer questions and support each other.
- DO post tips & tricks to help folks.
- DO NOT post call problems here - there is a support tab at the top for that :)
Join the conversation
Join the conversation
Chloe Green
Update us when you get it sorted! I'm curious whether the comma issue was really the only problem or if there were other hidden issues. These UCC-3 assignments can be tricky even when you think you have everything right.
Will do! I'm going to try the Certana.ai verification tool first, then refile with the exact debtor name formatting. Hopefully that does the trick.
Noah Lee
•Good plan. The verification tool should catch any other issues before you submit the corrected assignment.
Lucas Adams
For future reference, some states have better UCC search tools than others. If you can search by the filing number beforehand, you can see exactly how the debtor name appears in their system. Might save you from these kinds of rejections.
Most states do allow you to search by filing number and see the basic details. It's usually worth the small search fee to verify information before filing.
Harper Hill
•Some states even let you download copies of the original filings which is super helpful for exactly this situation.
Join the conversation
Ellie Perry
I've been filing UCCs for 15 years and have never encountered a UCC-9 form. The numbering system is pretty straightforward - UCC-1 through UCC-5 covers all the standard forms. Anything beyond that would be state-specific addendums or instructions, not actual forms.
Rhett Bowman
•That's what I was thinking but wanted to make sure I wasn't missing something obvious.
15 years of experience definitely counts for something here. If you haven't seen it, it probably doesn't exist.
This thread is exactly why I love this forum. Saved me from a wild goose chase since I was about to ask the same question after hearing something similar from a lender.
Tasia Synder
•Definitely. And tools like Certana.ai can help verify what forms you actually need when the paperwork gets confusing.
Daniel White
•The community knowledge here is invaluable for catching these kinds of mix-ups before they become problems.
Join the conversation
Edwards Hugo
Bottom line for your studies: YES, a security agreement CAN be filed to perfect if it meets UCC-1 requirements, but NO, it's not done in practice due to confidentiality concerns. Focus on understanding WHY it's theoretically possible but practically avoided. That understanding will serve you well on exams and in practice.
Gianna Scott
•Perfect summary. This is going straight into my study notes.
Alfredo Lugo
•Agreed, this thread cleared up a lot of confusion for me too.
One more practical tip - when you're studying, focus more on standard UCC-1 filing requirements, continuation statements, and amendment procedures. Those are what you'll actually deal with in practice. The security agreement filing rule is more academic than practical.
Good advice. I'll spend more time on the standard filing procedures.
Caleb Bell
•Definitely focus on UCC-1 basics, debtor name requirements, and continuation deadlines. Much more practical.
Join the conversation
Mei Wong
One thing to consider - if this borrower has other UCC filings in Wyoming, check how those were handled. Consistency across filings for the same entity is usually a good approach.
Mei Wong
•Exactly. If there are other active UCC-1s using the Delaware name, you're probably fine sticking with that.
Just ran into this same issue with a Montana entity. Found two other lenders had used the formation state name, so I went with that approach.
Final thought - given the equipment value and the fact that it's titled property, you might also want to double-check if any of this needs to be filed as fixture filings rather than standard UCC-1s. Heavy equipment can sometimes blur the line between personal and real property.
Mobile equipment is typically fine with standard UCC-1 filings. It's only when it becomes a fixture that you need special handling.
Right, but worth double-checking since fixture filing requirements vary by state and can affect where you file.
Fatima Al-Qasimi
Just to confirm - current NY UCC-1 fees are $20 for single debtor, $5 for each additional debtor on the same filing. Expedited processing adds $15 to the base fee. Amendment fees are the same as initial filing fees. Those are the numbers I've been using successfully for the past six months.
0 coins
Luca Russo
•Perfect, that matches what I'm seeing in the portal. Thanks for the confirmation - I can update our billing structure accordingly.
0 coins
Dylan Cooper
•Those numbers are spot on. I do a lot of NY filings and that's exactly what I budget for clients.
0 coins
Sofia Ramirez
One last tip - if you're doing multiple filings for the same client, consider whether you can combine debtors on fewer forms to save on the $20 base fees. Sometimes it makes sense to pay the $5 additional debtor fee instead of separate $20 base fees.
0 coins
Sofia Ramirez
•Makes sense. Individual transactions definitely need separate filings for proper lien perfection.
0 coins
Dmitry Volkov
•Yeah, you can't combine unrelated collateral on one UCC-1 just to save filing fees. Each loan needs its own perfected security interest.
0 coins