Whether you need help with filing UCC-1 financing statements or UCC-3 continuations, amendments, or terminations, CSC can assist you with all your UCC filing statements from one secure and convenient web application. CSCFinancialOnlineSM makes quick work of UCC filings and includes a proprietary debtor name validation tool that alerts you to potentially incorrect corporate debtor names before you file a lien. Our trusted UCC web services make it easy to access your UCC forms in a simple and quick manner.
Best of all, CSC keeps track of changing jurisdictional UCC requirements on your behalf. Our application is automatically updated with the appropriate UCC forms and is designed to prompt you, so that all your UCC-1 and UCC-3 filings, as well as any additional UCC filings UCC financing statements, remain in compliance with UCC filing rules.
To learn more about UCC filing services from CSC, fill out the form to the right and a CSC representative will contact you soon.
Benefits of CSC’s UCC Filing Services
- Eliminate duplicate data entry by storing common debtor, UCC filing, and collateral information in one convenient location on CSCFinancialOnline.
- Review and edit all your UCC filings on the actual UCC financing statement after they have been created, and store images of your UCC forms and attachments indefinitely.
- File electronically in more jurisdictions than any other service provider offers, using one simple UCC filing system to file in all states. Doing business in another state? See our UCC services offered in all 50 states.
- Receive automatic updates regarding your UCC filings order status through every step of the process.
Offering More than UCC Filings
For full-service customers, CSC handles every part of your UCC filing life cycle, including tracking jurisdictional UCC requirements and expirations, calculating UCC filing fees, processing documents, writing checks, and submitting UCC-1 and UCC-3 filings—all within our comprehensive system.
Furthermore, filing a UCC record for full-service customers is only the first step with CSC. We will monitor your UCC portfolio for expirations or continuations and notify you in advance of UCC expirations so that you can take the appropriate action. Additional, optional services include tracking your debtors for additional UCC filings, corporate status changes, or bankruptcy filings using our UCC Debtor Tracking service.
Contact CSC Today for UCC Filings
For more information on our UCC filing services including UCC lien filing and UCC portfolio management, please fill out the form to the right of the page and a CSC specialist will contact you soon.
UCC Filings FAQs
What is a UCC filing and how do you file?
A UCC filing, formally known as a UCC-1 financing statement, is a legal form that is filed to give notice that it has an interest in a particular property or asset of a debtor. It is one of the standard documents listed in the Uniform Commercial Code. The UCC-1 lists and describes any property that is provided as collateral for a loan.
How do you file a UCC-1?
The most important thing to keep in mind when starting a UCC filing is to get the debtor’s name correct, even though we already know that variations may occur. The goal of filing is to be easily searchable, so that others can find you, and so that, if the need arises to enforce your rights as a secured party, your filing does not contain any errors that can be considered seriously misleading in a court of law.
What are the best practices for filing against individual debtors?
In the case of individual debtors, there really were only two options put forth with the 2010 amendments to UCC Article 9: Alternative A and Alternative B. Alternative A is also known as the “only/if” approach, which states that the name on your consumer’s filing should be exactly as it appears on their driver’s license. If, and only if, they do not have an active driver’s license, would some other form of state-issued identification card suffice.
Alternative B is also known as the “safe harbor” rule, which states that the financing statement is sufficient only if it provides the individual name of the debtor indicated on the person’s unexpired driver’s license or, if state law allows, the state-issued identification card.
What are the best practices for filing against corporate debtors?
For corporate debtors (LLCs, registered organizations, corporations), you will need to make sure you’re using the public organic record, that is, the formation documents or any amended or restated articles. If you’re working with some sort of non-traditional entity, such as a government charter or farm credit bank, then it’s important to use the name that is on the charter document. If you’re going to file against a business trust like those commonly found in Massachusetts, you will use the name that’s filed with the state under state law. Lastly, if you are filing for an entity created by legislation, the correct name or the public organic record would be the name on the statute that created the entity.
Where should I file UCC documents?
The general rule of thumb when you’re conducting a UCC filing is to file at the central filing office, which is usually the secretary of state or division of corporations, where the debtor is located.