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August 19, 2019
Generally, the first step in the mechanicʼs lien process is to serve preliminary notices to various parties within the ladder of supply. It’s important to note that a preliminary notice …
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August 16, 2019
Changes to bond claims, payment bond thresholds, and payment bond requirements have hit seven states so far this year: Missouri, Mississippi, Arkansas, Kentucky, Rhode Island, Wyoming, and Colorado. Here’s a …
August 12, 2019
An Oklahoma Court of Appeals has determined mechanic’s lien rights don’t extend to a party furnishing labor, because under Oklahoma statute, furnishing labor and performing labor are not synonymous. When …
Starts Aug 27, 2019 | 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 17, 2019 | 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.
Starts Sep 24, 2019 | 01:00 PM
Lien Waivers generate a “check & balance” system for project payments in exchange for work or material provided. Does your company have a solid understanding of the basics of lien …
“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 …
In this article, we will review the vital role of job information in protecting your mechanic’s lien and bond claim rights, including necessary pieces of job information, providing best practices …
Each state has its own statutes requiring payment bonds on construction projects. Some statutes may require that the general contractor obtain a payment bond on every construction project, and other …
The publisher is not engaged in rendering legal advice. Action required in perfecting a claim varies from state to state and from case to case. Often, a lien or bond …
Are reducing your DSO, mitigating risk and improving working capital not enough reasons to file UCCs? Well, here are 5 more reasons why UCCs are the way to go! You …
When it comes to the Security Agreement, compliance with Article 9 of the Uniform Commercial Code is a must. Be accurate and don’t fall victim to these rookie Security Agreement mistakes. …
Did you know, failure to obtain and save copies of Proofs of Delivery and Bills of Lading can jeopardize your mechanic’s lien or bond claim rights? Check out this infographic to learn …
In this NCS Extra Credit installment, Nikki Nevar (UCC Specialist) explains why a UCC has priority over 503(b)(9) claims.
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In this NCS Extra Credit installment, Sarah Sexton (Notice & Mechanic’s Lien Specialist) discusses serving a mechanic’s lien to an out-of-state party.
In this NCS Extra Credit installment, Sarah Malmquist (UCC Specialist) discusses rookie security agreement mistakes.
Education Center
