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What Happens to Bond Claim Rights When a Notice is Served but Not Received

What happens to payment bond rights when the required preliminary notice is served but never received? One lucky claimant found out.

Reduce the Need for Collections with UCC Filings

UCC filing is more than reducing risk; it’s about the opportunity to expand your market, by providing you with security.

Big Foot, a Unicorn, and a UCC Financing Statement

UCC filings are magical; UCCs grant you a security interest and put you in the best possible position to get paid, in the event your customer defaults.

Obtain a Copy of The Payment Bond

Getting a copy of the bond up front is prudent. As a best practice, obtain a copy of the payment bond when contracting for the project.

Blanket Filing or PMSI Filing

A creditor can file a PMSI and Blanket Filing on the same collateral. Unsure which filing your company should be doing?

The Competitive Advantage of UCC Filings

UCCs create opportunities. UCCs offer additional security, which means you could sell to marginal accounts that were previously out of reach. 

North Carolina Mechanic’s Lien Rights: What is a Lien Agent?

What is the role of the Lien Agent and how could it effect your North Carolina mechanic's lien rights? Learn more from attorney R. Lee Robertson

Will Safe Harbor Ever Exist for Florida UCC Filings? Zero Tolerance

Safe Harbor couldn't save this UCC. Florida's 'zero tolerance' policy means you must strictly comply with Article 9-503(a). Learn more here!

Failure to Use the Proper Forms Can Prevent Perfecting Your Security Interest

When preparing documentation to perfect a UCC filing, the requirements may not be too complex, but you must strictly follow the requirements.
oil rig

Special Types of Liens: Oil and Gas Liens

The question: “Are there special types of mechanic’s liens?” The Answer: YES! Some include Oil, Gas, Mineral, Wells, and Quarries.
computer with a lightbulb on the screen

UCC Filings: Does DBA Matter?

The most common UCC filing mistake is incorrectly identifying the customer. A misspelling could hurt your security, learn more here.
intellectual property illustration

UCC Collateral Descriptions – Don’t Be Too Specific or Too Vague

A UCC must include a description of property serving as collateral. Find out how being too vague or specific could jeopardize your security.