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Top 5 Rookie Mistakes with Your UCC Security Agreement

Don’t Make These Top 5 Rookie Mistakes with Your UCC Security Agreement The accuracy of your Security Agreement can make or break your properly perfected security interest. Compliance with Article 9 of the Uniform Commercial Code must be precise....

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Bankruptcy Proof of Claim: Don’t Forget!

Bankruptcies Are on the Rise; Remember Your Bankruptcy Proof of Claim It’s “officially” unofficial, we may be heading into another recession. Think...

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New Mexico Lien and Bond Claim Rights

New Mexico Mechanic’s Lien and Bond Claim Rights Curious about mechanic’s lien & bond claim rights in New Mexico? Today’s post is for you because...

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

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...

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Obtain a Copy of The Payment Bond

As a Best Practice, Always Obtain a Copy of the Payment Bond How Important is it to Obtain a Copy of the Payment Bond? The federal government, in...

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Blanket Filing or PMSI Filing

Should You Use a Blanket Filing or a PMSI Filing? There are primarily two types of secured transactions under Article 9 of the Uniform Commercial...

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The Competitive Advantage of UCC Filings

Did You Know UCCs Give You a Competitive Edge when Extending Credit? UCC Filings Promote Commerce In 1952, the Uniform Commercial Code (UCC) was...

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Perfecting Security Interests: Avoiding Improper Forms

A Seemingly Minor Error Cost One Creditor $4,153,137.79 When preparing documentation to perfect a UCC filing, the requirements may not be too...

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Special Types of Liens: Oil and Gas Liens

Are There Special Types of Liens? The Short Answer: YES! The question: “Are there special types of mechanic’s liens?” The Answer: YES! Some include...

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UCC Filings: Does DBA Matter?

Does “d/b/a” Really Make a Difference in UCC Filings? One of the most common — and most preventable — mistakes creditors make when creating a...

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