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Complying with the Michigan Notice of Commencement

Typically, the Notice of Commencement contains the vital information necessary for inclusion into the preliminary notice.
Blog

Sometimes Substantial Compliance is Enough

Mistakes happen – best efforts are made, and an appeals court recently decided best efforts were enough to recover through the lien process.
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Include a Proper Estimate in Preliminary Notice

Even a small mistake in a preliminary notice can greatly hinder your chances of recovery. Make sure to include a proper estimate in your notice.
Blog

Hip Hop and Credit Management

If you had 30 seconds to give a credit professional advice on reducing risk, what would you say? Secure your A/R with UCCs and Liens.
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9 Documents Every Collector Should Have

Collecting a past due receivable can be difficult, but if your collector has the necessary documentation, debt recovery becomes easier.
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Failure to Name True Owner Invalidates Lien

When a party fails to name the true owner in the notice of intent to file a lien, what happens to the validity of the mechanic’s lien?
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Debtor’s Business and Your UCC Filing

Your UCC filing acts as a lien on the business, therefore, before title passes from one party to another, the lien should be acknowledged & either settled or renegotiated.
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The Carmack Amendment

The Carmack Amendment was the adoption of uniform guidelines used to determine who is liable for goods that are damaged during transit.
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Idaho Supreme Court: Lien Rights for the Sub and Engineer

The court was tasked with determining whether a supplier had to file multiple liens for materials provided to a mixed use, two phase project.
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RUG: Secured Transactions in Mexico

Mexico instituted amendments to their secured transaction law. These amendments better align Mexico’s secured transactions with UCC Article 9.
Blog

Payment Bonds vs. Performance Bonds

A payment bond is a promise of payment and a performance bond is a promise of performance. Learn more when you read this post.
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The Importance of Filing Your PMSI Timely

Always file your PMSI at the time the security agreement is executed. The UCC has no impact on your customer’s credit or day to day operations.