Credit Tips Blog: Discover the Latest Industry Insights

An exaggerated lien could be deemed a frivolous lien. Here's a reminder that a lien claimant needs to have documentation to support its claim.

If you take the time to file a mechanic’s lien, don’t squander your security. Make sure you follow through with subsequent legal requests.

Retainage is an agreed amount of a contract price that is retained by one party from another, with an assurance that the party will be paid once the job is completed.

We always recommends serving preliminary notices via certified mail with return receipt requested. The additional cost to add “return receipt” is significantly less than potential court costs & time trying to prove the document was received.

Are you furnishing to a private Florida project where a payment bond has been issued? Then you should take a few minutes to read this.

Article 9 includes consensual security interests in personal property and fixtures. Learn more about what's included, what's excluded, and collateral.

A Notice of Intent is a statutory notice, required in many states, to be served prior to filing a mechanic’s lien.

Explore the nuances of bond claim rights in tribal construction projects without Miller Act protections. Safeguard your interests today.

Registering a PPSA in Ontario? Then you know the importance of correctly identifying your customer. According to the PPSA, you should identify your debtor by its English and French names.

We’ve discussed bankruptcy proof of claims before, but today we are reminded just how vital accuracy is when filing a proof of claim.

A payment bond is a valuable risk-reducing tool for creditors furnishing materials and/or services to construction projects.

If you have concerns about a project you are furnishing to, or a party within the contractual chain filing bankruptcy, you may want to take an extra step and confirm statutory guidelines for the date to which the lien relates back.