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August 17, 2018
DIP stands for Debtor in Possession. When a business files for chapter 11 bankruptcy protection, the existing management or ownership maintains possession and control of its business. However, the bankrupt …
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August 13, 2018
If a mechanic’s lien needs to be served upon an out-of-state party, how should the lien be served? Is it enough to simply drop it in the mail? Should it …
August 10, 2018
The next time you take a trip to your favorite retailer, stop for a moment and think about the various goods for sale. Did the retailer order and pay up …
Starts Aug 21, 2018 | 01:00 PM
Do you know how to increase your leverage and get paid? Unsure how to use lien foreclosure as a collection tool? As a labor or material supplier to a construction …
Starts Aug 28, 2018 | 01:00 PM
Securing collateral across North America? UCC and PPSA filings secure collateral in agreement with your customer’s promise to pay. Understanding the differences and similarities in secured transactions in the United …
Starts Sep 18, 2018 | 01:00 PM
There are unique challenges as a creditor in the Foodservice, Hospitality, and Beverage industries. Take security and protect your rights by using UCCs to your advantage.
“NCS identified the account as inactive with the state. Subsequent conference calls with the CFO of our customer found that the customer was ‘very close to running out of cash …
“We were getting a $300,000 order ready for a project and I ran a quick search in LienFinder on my customer and the GC. Nothing came back in the search …
“I didn’t know anything about mechanic’s liens. We’d be in the difficult situation of not being paid and someone would ask ‘can we file a mechanic’s lien?’ and realize we …
The review of Ontario’s Construction Lien Act (Act) began in February 2015 and in August 2016 the review committee presented its recommendations for improving the Act, which we discussed in …
To view the basic requirements for each state, along with information on which states provide for a Notice to Commence/Notice of Contest, download our Quick Reference Guide: Suit Deadlines, by …
You need a Preliminary Notice program, not a Mechanic’s Lien program. Download this flipbook to learn more about how a Preliminary Notice program will improve your DSO, improve your cash …
A Notice of Intent to Lien is a statutory notice, required in many states, to be served prior to filing the mechanic’s lien. Check out this infographic to learn more! …
LienFinder™: innovation and business intelligence like you have never seen! Gather project information and evaluate the creditworthiness of your customer and parties within the ladder of supply, with access to …
A Standby Letter of Credit is a written guarantee, issued by a bank, to pay on behalf of their customer in the event their customer does not pay. Review this …
In this NCS Extra Credit installment, Craig Slimmer (Director of Sales and Marketing) shares 4 tips for facing customer name changes.
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In this NCS Extra Credit installment, Carrie Jones (Notice & Lien Specialist) discusses notices of non-payment in Texas.
In this NCS Extra Credit installment, Jay Prots (Business Development Representative) discusses fixture filings in the foodservice industry.
Education Center
