UCC Document Community

Just to close the loop on this - I ended up filing with just the tangible collateral description (equipment and inventory) and ignored the copyright notice language completely. The filing was accepted without any issues. Thanks everyone for the guidance!

Great to see this resolved successfully! This is exactly the kind of practical guidance that makes this community so valuable. For anyone else dealing with similar issues, I'd recommend creating a simple checklist: 1) Verify debtor name against state records, 2) Extract collateral description from the security agreement's actual collateral section (not the boilerplate), 3) Double-check secured party info. Everything else is usually just legal fluff that doesn't affect the UCC filing requirements.

Thanks everyone for the help. I'm going to pull the LLC's Articles of Organization and use that exact name on the UCC-1. Better safe than sorry with $280K in collateral at stake.

I'm new to UCC filings and this thread has been incredibly helpful! I've been struggling with a similar situation where my client has an LLC but does business under a completely different trade name. Based on what everyone is saying, it sounds like I should ignore the trade name entirely and just use whatever is on the Articles of Organization filed with the Secretary of State. Is that correct? I don't want to make the same mistake others have mentioned about using the wrong name and having to refile. The section 9-102 definitions are pretty overwhelming when you're just starting out.

As someone new to procurement myself, I found it helpful to think of UCC filings like a public registry of who has "dibs" on a company's stuff if they can't pay their bills. The key insight from this thread is that having UCC filings is totally normal - it's like seeing a mortgage on someone's house. What matters is understanding the details: who's the lender, what assets are covered, and how recent the filings are. I'm definitely going to start incorporating UCC searches into my supplier evaluation process, especially for larger contracts or advance payments.

This has been such an educational thread! I'm also relatively new to financial due diligence and had no idea UCC filings were so routine. The car loan analogy really helped it click - it's just secured lending, not a sign of distress. One question though: when you're doing these UCC searches for supplier evaluation, do you typically look at the filings in isolation or combine them with other financial health indicators? I'm wondering if there's a more comprehensive approach to supplier risk assessment that incorporates UCC data alongside credit reports, payment history, etc.

Update: Got the UCC-1 filed successfully with the Delaware Division of Corporations. The debtor name verification was key - made sure it matched their certificate of incorporation exactly. Thanks everyone for the advice!

Congrats Sofia! It's always nerve-wracking the first time you handle multi-state UCC filings, but you nailed it. The Delaware Division of Corporations is actually pretty efficient once you get the debtor name right. For anyone else reading this thread - this is a perfect example of why the "state of organization" rule exists. It creates certainty and prevents the nightmare of trying to figure out which state has priority when collateral moves around. Keep this experience in your back pocket for future filings!

Been filing UCCs for 15 years and the fee creep is real. What used to cost $25 now runs $75-150 depending on service level and state. Budget at least $100 for any UCC filing these days to avoid surprises.

just filed my first ucc last month and got hit with fees I didn't expect either. the online system doesn't make it very clear what you're selecting for service levels. ended up paying like $95 when I thought it would be $30