NTO-Phobia: the Fear of the Preliminary Notice The Fear: A common fear expressed by contractors, subcontractors and material suppliers everywhere is “My customer will get upset if I send a preliminary notice”. A preliminary notice (sometimes...
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Aside from a mouthful when trying to say it three times fast, the Notice of Termination of Notice of Commencement is a recorded affidavit that...
Can Supporting Documentation Make or Break Your Claim? Short Answer: Yes! The words rumbled like daunting thunder from the mouth of a tall, lanky and...
Carelessness is Worse than a Lien-Waiver-Gauntlet-Throwing-Thief “Carelessness is worse than a thief.” And, in this case, “Carelessness means...
Filing Mechanic’s Liens Will Reduce the Need to Place Accounts for Collections Every day, credit professionals across all industries review and...
Furnishing to a Property that’s Leased? Serve the Owner & the Tenant It sounds simple enough – serve the owner with a preliminary notice. If ABC...
Lien Waiver Language Part 2: Unconditional Lien Waivers Every lien waiver should clearly identify the property name & project location, the debtor’s...
Creditor’s OMEGA Mistake Started with the Collateral Description in Its UCC Filing In Omega Optical, Inc. 476 B.R. 157 (Bankr. E.D.Pa. 2012)...
Is Art Worth More if a UCC-1 is Never Filed? Is art worth more if the UCC-1 was never filed? Yes, I’m asking the hard hitting questions of our time....
Lien Waiver Language Part 1: Conditional Lien Waivers We’ve previously discussed the 4 primary types of lien waivers; today we’d like to discuss...
