UCC lapse date calculator
A UCC-1 financing statement lapses five years after it was filed unless the secured party files a continuation in the six months before. Enter the filing date to see when that is.
8,639 Colorado equipment filings lapse in the next six months
UCC Scout tracks every one, along with the loans hitting their 36, 48 and 60 month marks, and ranks the businesses most likely to finance again.
Questions
How long does a UCC-1 last?
Five years from the filing date under UCC 9-515(a). Filings for public-finance and manufactured-home transactions last 30 years, and filings against a transmitting utility don't lapse.
When can a continuation be filed?
Only in the six months before the lapse date (9-515(d)). A continuation filed earlier is ineffective, and one filed after lapse can't revive the filing.
How long does a continuation extend a filing?
Five years from the date the filing would otherwise have lapsed, not from the date the continuation was filed (9-515(e)).
What happens when a UCC filing lapses?
The financing statement stops being effective, and the security interest becomes unperfected; against a purchaser for value it's treated as never perfected (9-515(c)).
Does a lapsed filing mean the loan is paid off?
Not necessarily. Many lenders let filings lapse after payoff instead of filing a termination, but a lapse by itself says nothing about the debt.