Before You File
Before filing a UCC you will need to do the following to ensure that your filing is successfully filed:
- Ensure you are filing on all proper debtors associated with the transaction
- Verify proper legal name(s) and addresses
- Run a UCC search on each debtor’s legal name to make sure collateral is clear of any liens
The Best way to determine the legal name of a corporate entity is to obtain a copy of it’s charter documents, including amendments which could reveal any recorded name changes.
We can help you to obtain corporate records to ensure the proper legal name of a business. We provide corporate services every day in conjunction with UCC searches and filings for our clients.
Did you know?
When determining the proper individual debtor name on the financing statement, not all states are the same. Even though most states have adopted Alternative A following the 2013 revisions to the UCC statute, seven states (AK, CO, CT, DE, NH, OR, WY) to date have adopted Alternative B.
Alt. A states require the exact name as it appears on the driver’s license
Alt. B states accept multiple ways to determine the proper legal name:
Driver’s license, name under current law and surname and first name
xample: Robert B. Smith, Robert Bradley Smith, Robert Smith
NOT INTENDED TO PROVIDE LEGAL, ACCOUNTING OR OTHER PROFESSIONAL ADVICE AND SHOULD NOT BE RELIED UPON AS SUCH.