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NCS COVID-19 State and County Updates
January 18, 2021
The Credit Research Foundation publishes their National Summary of Domestic Trade Receivables (NSDTR) to its membership base and those corporations that contribute their data to the survey. The outputs compare …
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November 9, 2020
OK, so “trickle-up effect” may not be a thing, but retail bankruptcies are on the rise and the impacts aren’t limited to the suppliers of inventory and the retail employees. …
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 …
August 31, 2020
In June, 24 Hour Fitness, a national gym chain, filed for Chapter 11 bankruptcy protection; another business casualty courtesy of COVID-19. Although the bankruptcy filing isn’t a surprise, since 24 …
August 3, 2020
Yardbird Southern Table & Bar (Yardbird) opened its Dallas TX location in March, just as the country began shuttering with the onset of the pandemic. We already know restaurants struggle …
April 27, 2020
Are you furnishing to a construction project? If so, should you send a Notice of Delay? The National Law Review posted an article entitled “Contractors: It’s Time to Send Your …
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 31, 2020
It’s hard to believe that two small words can cause such a flurry of confusion and chaos. “If” and “when” are two words that, if and when they are incorporated into a …
January 24, 2020
Never underestimate the value of proper documentation to support your claim! When assisting our clients with claims, we frequently request backup documentation for review. Absent the proper documentation, how can you …
January 17, 2020
Furnishing to a public project in Texas? Well saddle up, today’s post is just for you! Let’s review the notice and bond claim requirements for Texas public projects. Generally, payment …
January 10, 2020
There are important questions to answer before filing a mechanic’s lien. Where’s the project, who’s the owner, who’s your customer, what’s your claim amount, do you have back up documentation, …
December 20, 2019
In Georgia, lien claimants who sign a lien waiver, but don’t receive payment, may file an Affidavit of Non-Payment or mechanic’s lien. However, there is a deadline to proceed with …
Education Center
Education Center