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) (“Omega”) Omega filed bankruptcy and listed Sovereign Bank (“Sovereign”) as a secured creditor within the...
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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...
Leverage Your UCC Filing in the Collection Process The collections process is not a “desired” process. By desired, I mean, no one actually wants to...
Supply House? You Can Use the UCC to Get Paid By John Allen Waldrop III, Commercial Lawyer
Did I Comply with the Michigan Notice of Commencement? We have previously discussed “substantial compliance” with regard to mechanic’s lien and bond...
Turns Out, Sometimes Substantial Compliance with Mechanic’s Lien Law is Enough At NCS, we constantly stress the importance of complying with each...
California Case Highlights the Importance of Including a Proper Estimate in Your Preliminary Notice It’s likely you have read this (or heard this)...
Hip Hop & Credit Management: Advice to Credit Professionals in 30 Seconds Several years ago, I was given the opportunity to view a documentary,...
The Top 9 Documents Every Collector Should Have I once had a history teacher who constantly preached “The pencil remembers what the mind forgets…” It...
