What Is a Lien Waiver A lien waiver is a legal document signed by a contractor, subcontractor, supplier, or other party on a construction project to confirm they have received payment and, in exchange, waive their right to file a mechanic’s lien for...
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Bond Claim Basics A bond claim is a written notice to the surety that the claimant (such as a subcontractor or material supplier) is looking to them...
What Is Article 9 of the Uniform Commercial Code (UCC)? The Uniform Commercial Code is a set of standardized laws that govern commercial transactions...
Understanding Texas Notice Cycles for Lien and Bond Rights That’s an odd title, right? “Texas Preliminary Notices Are for Non-Payment.” It may sound...
Lien Index down 2 points to 58 from revised Q1 score of 60. The Lien Index ended Q2 2025 at 58; an approximate 3% decline in activity from Q1 2025.
The Value of UCCs: Beyond Basic Protection Let’s say you supply $250,000 worth of goods to your customer. If your customer defaults or files for...
The Bankruptcy Wave Isn’t Coming… It’s Already Here. According to Epiq AACER and the American Bankruptcy Institute, commercial Chapter 11 filings in...
NCS Credit’s Lien Index Ends Q1 2025 at 55, Down 8% from Q4 Lien Index down 5 points to 55 from revised Q4 score of 60*. Mechanic’s Lien activity has...
California Mechanic’s Lien and Bond Claim Rights: Rebuilding After the Wildfires To say the Los Angeles wildfires were devastating is an...
NCS Credit’s Lien Index Ends Q4 2024 at 57, Down 7% from Q3 Slow payments continue to plague the industry, as the Lien Index ended 2024 at 57....
