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NCS COVID-19 State and County Updates
January 11, 2021
The events of 2020 will not soon be forgotten. A year that began with hope and optimism was quickly darkened by a pandemic that locked down economies for weeks and …
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September 28, 2020
With a properly perfected security interest, your UCC filing provides you with the right of recovery, including repossession of collateral. You can repossess collateral if you can do it without …
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 …
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 …
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 …
January 27, 2020
It’s part two of our three-part series of Commercial Credit Management Tips from NCS. Previously we provided favorite tips for Collections, today let’s review UCCs. You should always file your …
January 6, 2020
Happy New Year! It’s 2020: a new year, a new decade, and a new opportunity for me to share some of my favorite commercial credit management tips from NCS. In …
October 31, 2019
48% of customers delay payments and 25% of credit departments do not have adequate staff to manage their collection workload.* Fortunately, NCS collectors are here to work for you. Our …
July 22, 2019
You’ve gone around and around with your debtor for weeks, maybe even months, but still haven’t received past-due payments. You decide you need collection assistance and think about hiring an …
June 10, 2019
Lien waivers are one of the most popular documents within construction credit. We’ve compiled a list of the top 10 lien waiver questions. A lien waiver is a signed document …
June 3, 2019
The more you understand about bankruptcy and the bankruptcy process, the greater chance of preserving your rights as a secured creditor and ultimately receiving payment. A secured creditor has a …