Recently, we were able to enforce our inventory lien in a high profile bankruptcy case. NCS had made all of the proper notifications when filing the lien and this placed our position as high as the lender and the floorplan company. The net result was payment in full for a low 6 figure balance. Using NCS provides the peace of mind of knowing that the proper procedures are being followed to validate our secured positions.

Matthew Attanasio, Credit Manager Onkyo

I just wanted to pass along a success story from using the UCC filing process with NCS. We avoided losing $85,927 because we used a UCC to secure our receivables. Our customer was selling their restaurant and the sale was initially turned down because of the UCC filing. The customer had a history of returned checks. When they discovered the lien, they asked us to terminate it so they can proceed with the sale. We explained we could not do that without being paid. This resulted in us collecting the full amount of $85,927 that otherwise would have taken us probably a year to collect! The UCC process is certainly a great tool that gives us the leverage we would have never had.

Gladys Greene, Area Credit Manager US Foods