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April 22, 2019
An Alabama Court of Appeals has upheld a trial court’s decision: a subcontractor cannot recover its claim from the general contractor’s surety if the subcontract contains a contingent payment clause …
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April 12, 2019
You can add new contacts and modify existing contacts from within your NCS Online Services portal, at your convenience! Click your name in the top right corner & select Edit …
Wyoming is the first and only state to enact blockchain-enabling laws. It is also the first state to clarify the treatment of digital assets (bitcoin) under the Uniform Commercial Code. …
Starts Apr 30, 2019 | 01:00 PM
The UCC process is a cost-effective solution for securing your inventory, equipment, and receivables, especially important in today’s fragile economy. With a UCC filing you can become a secured creditor, …
Starts May 14, 2019 | 01:00 PM
Do you realize the importance of obtaining job information as it relates to the protection of your lien and bond claim rights?
Starts Jun 11, 2019 | 01:00 PM
Are you inundated with mail about the bankruptcy cases of your customers? Are you tired of trying to make sense of legal notices written in bankruptcy gibberish? Learn how to …
“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 …
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 …
It comes as no surprise that with the 5 year anniversary of the implementation of the 2010 Amendments, we begin to see cases where courts are called on to determine …
A properly perfected security interest, in compliance with UCC Article 9, has priority over 503(b)(9) claims & consignment agreements. If you attended The Credit Research Foundation’s Fall Forum, the Bankruptcy Judge Panel …
For creditors, Bailment & Consignment transactions get a little fuzzy. Scroll on to learn what makes a Bailment different from a Consignment. #Article9 #UCC #Consignment #Bailment
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! …
In this NCS Extra Credit installment, Sarah Malmquist (UCC Specialist) discusses rookie security agreement mistakes.
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In this NCS Extra Credit installment, Clare Wilson (Notice & Lien Specialist) reviews how to secure your mechanic’s lien rights when supplying rental equipment to a construction project.
In this NCS Extra Credit installment, Craig Slimmer (Director of Sales and Marketing) and Cindy Bordelon (UCC Services Manager) discuss the myths and facts of UCC filings.
Education Center
