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NCS Credit Blog

Stay up to date with the latest articles on Collections, Notice & Mechanic's Liens, UCC Filings, and Industry Trends for your business.

Equipment UCC Filings Best Practices

Selling Equipment? Here’s Our Best Practices for Equipment UCC Filings Purchase Money Security Interest (PMSI) Filings were created to encourage trade creditors to sell goods on credit terms, specifically in situations when creditors may not be...

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Out of Shape? The ’24 Hour Fitness’ Financial Failure

Out of Shape? The ’24 Hour Fitness’ Financial Failure In June, 24 Hour Fitness, a national gym chain, filed for Chapter 11 bankruptcy protection;...

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Indiana Mechanic’s Liens Require Two Notarizations

You’re Not Seeing Double – Two Notaries Required for Indiana Mechanic’s Liens Just when you think 2020 couldn’t get weirder, you notice two notary...

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Pandemic and Mechanic’s Liens Hurting Yardbird

The Future of Dining: Lessons from Yardbird’s Experience Yardbird Southern Table & Bar (Yardbird) opened its Dallas TX location in March, just as the...

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Key Changes to Tennessee’s New Construction Statute

What You Should Know about Tennessee’s New Construction Statute In June, the Tennessee legislature passed the Construction Industry Payment...

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Your Credit-Granting Processes & COVID-19

The Impact of COVID-19 on Your Credit-Granting Processes We recently asked our clients whether the COVID-19 pandemic is impacting their...

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Legislation Updates for Wyoming, Utah & Virginia

Legislation Updates for Wyoming, Utah & Virginia There have been mechanic’s lien and bond claim legislation updates for Wyoming, Utah & Virginia....

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Wisconsin Lien and Bond Claim Rights

Furnishing to a Wisconsin Construction Project? Here’s What You Should Know in order to Secure Payment Furnishing to a private construction project...

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Watch Your Language, Your Lien Waiver Language

Watch Your Language, Your Lien Waiver Language: How One Subcontractor Waived Its Right to Lien “Watch your language!” Does it sound like I’m having...

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No Ownership, No Lien in North Carolina

No Mechanic’s Lien Rights in North Carolina for a Design Firm Hired by the Property “Owner” Who Didn’t Purchase (aka Own) the Property In...

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