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NCS Lien Index 2021 Q3
January 17, 2022
Supplying materials or labor to a wind farm project? Securing mechanic’s lien rights is vital to protect your receivable. Make sure you always serve preliminary notices, carefully track your deadlines, …
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January 10, 2022
“North Dakota. Be Legendary.” This might be my all-time favorite state slogan. It’s… well, it’s legendary! And although you may not know it yet, recovering funds through mechanic’s liens and …
December 6, 2021
I once heard the state insect of Nebraska is the honeybee. So, I thought it’d bee great if we reviewed mechanic’s lien and bond claim rights in Nebraska! Oh, before …
November 8, 2021
Serve the mechanic’s lien and file the mechanic’s lien. Two actions that are often lumped together or referenced interchangeably. But they are, in fact, two distinct and separate actions. What …
November 1, 2021
In Indiana, a material supplier who contracts with another material supplier is not entitled to mechanic’s lien rights. However, one Indiana Court of Appeals’ judge dug in to further clarify …
October 11, 2021
Furnishing to a construction project in the Beehive State? Well, today’s post is just for you as we explore Utah mechanic’s lien and bond claim rights. If you are furnishing …
October 4, 2021
Over the last few years, several provinces in Canada have modernized or proposed amendments to their mechanic’s lien laws. Notably, Ontario paved the way for longer lien deadlines and prompt …
September 27, 2021
It’s a detailed and sometimes cumbersome process to ensure your mechanic’s lien rights are secured. The process is more than painstakingly researching the project, properly serving the correct parties, and …
August 30, 2021
In commercial credit, creditors have an opportunity to secure accounts receivable by establishing their right to certain collateral. Then, in the event the debtor fails to pay, the creditor can …
July 26, 2021
In 2021, several states have enacted legislative updates to their mechanic’s lien and bond claim statutes. We’ve previously discussed some of the big changes (ahem, yes Arkansas, Iowa, and Texas …
July 12, 2021
Originally published in The Credit Research Foundation’s Perspective newsletter (June 2021) The Credit Research Foundation recently surveyed their membership on the use and impact of securitization (UCCs, mechanic’s lien, etc.) …
July 5, 2021
Arkansas recently passed two House Bills. HB 1835, which changes the notice requirement for residential contractor’s lien, and HB 1855, which revises the bonding procedure for payment bonds issued for …
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Education Center