what is a continuation statement 
a continuation statement is an amendment attached to a ucc 1 financing statement continuation statements extend the lender s lien on the borrower s collateral past the original financing statement s expiration date when a lender files a continuation statement the continuation statement extends the ucc 1 financing statement by five years from the date of filing the bottom lineucc filings let creditors notify other creditors about a debtor s assets that are used as collateral for a secured transaction ucc liens filed with the appropriate secretary of state s offices serve as public notice of the creditor s interest in the assets 1 to check for ucc filings visit your secretary of state s website 