Contact us Toll-Free: 800.826.5256
NCS COVID-19 State and County Updates
September 21, 2020
A review of the mechanic’s lien document, via LienFinder™, confirms one general contractor is owed over $200M, and various subcontractors are owed an additional $2.5M, after furnishing to a project …
Read More
August 24, 2020
Just when you think 2020 couldn’t get weirder, you notice two notary sections on the Indiana mechanic’s lien you intend to file. Nope, you aren’t seeing double, Indiana statute was …
July 20, 2020
In June, the Tennessee legislature passed the Construction Industry Payment Protection Act SB2681/HB2706 (Public Chapter 749), and the statute became effective 7-1-20, but only for contracts entered, amended, or renewed …
July 6, 2020
We recently asked our clients whether the COVID-19 pandemic is impacting their credit-granting processes. While I expected to see an increase in collection efforts and more stringent credit-granting processes, I …
June 15, 2020
It’s “officially” unofficial, we are in another recession. Think back to 2008 and you’re sure to remember the painful increase in debtor defaults and bankruptcies; virtually no creditor’s AR escaped …
June 1, 2020
Furnishing to a private construction project in Wisconsin? Today’s post is all Wisconsin. Let’s review what you should know about mechanic’s lien, bond claim, and lien on funds rights for …
May 18, 2020
“Watch your language!” Does it sound like I’m having flashbacks to my rowdy unruly teenage years; my dad hollering when I got a bit too sassy? Maybe. But today I’m …
May 4, 2020
In construction, there are often multiple contracts and agreements being executed simultaneously, between a multitude of parties. Frequently, the sale of a property occurs while construction is underway or construction …
March 19, 2020
If you extend credit, you are vulnerable to risk — whether furnishing to a single construction project or selling on revolving terms. This vulnerability grows exponentially in the midst of …
February 24, 2020
As if it’s not challenging enough to keep track of notice and lien deadlines and requirements for each state, you also need to be sure the person signing a mechanic’s …
February 17, 2020
In December 2019, the Court of Appeals heard a New York property owner contest a mechanic’s lien filed by a preconstruction management services firm, because the owner claimed the services …
February 10, 2020
It’s part three of our three-part series of Commercial Credit Management Tips from NCS. Previously we provided favorite tips for Collections and UCCs. Today we wrap up this series with …
Education Center
Education Center