NCS strives to be the #1 resource in securing receivables. Bookmark this page to read the latest news in your industry, NCS publications and software updates, the Tip of the Month and more. For additional help, call us at 800-826-5256.
Industry Resources
Credit Today - (http://www.credittoday.net)
CFMA - (http://www.cfma.org)
Attention! Utah Changes Hours of Operation
Category: UCC | Posted on 07/16/2008
Please be advised that beginning Monday, August 4, 2008 the 'Working 4 Utah' initiative will be implemented. This program will extend state government service hours from 7:00 a.m. to 6:00 p.m., Monday through Thursday, with offices closed on Fridays. Governor Jon Huntsman states the goal is to "conserve energy, save money, improve our air quality, and enhance customer service."
New hours of operation as of Monday, August 4, 2008:
Monday - Thursday, 7:00 a.m. to 6:00 p.m.
Closed on Fridays
UCC filings and searches may be submitted online at any time 24/7/365
For more information, click here. If you have any questions about this information, please contact NCS by phone at (800) 826-5256 or email.
Security for a Softening Economy
Category: Construction Credit | Posted on 07/01/2008
It happens everyday. Credit Managers face the difficult decisions of extending credit lines, reviewing financial risk, and protecting their accounts receivable. To make these decisions even more difficult add to the mix the reports of an uncertain economy.
FREE Education: Bond Claims on Public and Federal Construction Projects
Category: Tip of the Month | Posted on 07/01/2008
Would you like to increase your knowledge of Bond Claims on Public and Federal construction projects?
NCS is offering a FREE webinar to help you understand your options under:
* The Federal Miller Act * State Bond Claim Statutes * Public Improvement Liens and Liens Against Unpaid Funds
On, Tuesday, July, 29 NCS will host a 45 minute webinar to give insight on public and federal construction projects.
Washington State - UCC Filing Fees to Increase
Category: UCC | Posted on 05/09/2008
Please be advised that effective June 12, 2008, Fees for Washington State's UCC services will increase.
For more information visit Washington Secretary of State's website.
Tennessee Law Amendment Now in Effect
Category: UCC | Posted on 05/07/2008
On March 5th Senate Bill 3732 amended Tennessee UCC 9-503(a). The new law took effect May 1, 2008. The bill provides that an individual name is sufficient for the UCC Financing Statement if the name is shown on one of these 6 documents: driver's license, state ID card, birth certificate, passport, social security card and military ID card. Again, a huge burden has been put on the searching process. It is vital that the names provided on every one of these government-issued documents be searched to reduce risk of missing an effective record.
For more information visit Tennessee's legislative site, Public Chapter No. 648.
Strategic Ways to Incorporate Security Agreements
Category: UCC | Posted on 05/01/2008
Taking a secured interest in your customers' collateral brings numerous benefits. Learn what considerations should be made to approach customers for them to extend these benefits to you.
Nebraska UCC Law Revised
Category: UCC | Posted on 04/18/2008
Nebraska UCC Law Amendment goes into effect July, 2008
Approved by Governor Heineman on March 19, 2008, law LB 851 revises UCC 9-506(b). Effective July, 2008, the law amends that if a debtor is an individual correctly stating only the last name on the original financing statement is sufficient. First and middle names are now meaningless. This now puts a huge burden on UCC searchers. Searchers will have to review every financing statement that provides the same last name. "The intent of the law is to provide secured parties with greater certainty that errors or omissions on an individual's debtor's first or middle name (initial) would not make the financing statement seriously misleading."
For more information visit Nebraska's legislative site.
Collection Tip for April
Category: Tip of the Month | Posted on 04/01/2008
FLEXIBLE: Be ready to adjust to the situation. Think about the kind of customer you´re dealing with and adapt to meet the circumstances. Be prepared to accept a reasonable payment schedule, and a willingness to deal with a customer´s circumstances.
Call NCS Collection Services Group for more information how to help work with your customer's situations. 1-800-826-5256
Source in part: Construction Credit
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Posted on 03/24/2008
NOTICE: Changes to the Georgia Lien Law to take effect.
How to Choose a Collection Agency
Category: Collection | Posted on 03/02/2008
Before you place an account with a collection agency be P.R.U.D.E.N.T.