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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.

Illinois Mechanic’s Lien and Bond Claim Rights

What You Should Know About Protecting Lien & Bond Claim Rights in Illinois In 2019, Illinois HB2722 passed, which added protection under the payment bond for those who provide rental equipment to public projects. The legislation (effective 1/1/20)...

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Furnishing Labor and Performing Labor Are Different

According to Oklahoma Court of Appeals, Furnishing Labor and Performing Labor Are Different An Oklahoma Court of Appeals has determined mechanic’s...

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Construction Lienholder Group Wins in Bankruptcy

Grab Your Rally Cap! Construction Lienholder Group Wins in Bankruptcy If ever there were a time in construction litigation for folks to put on their...

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Legislative Changes in Tennessee: What Builders Need to Know

Legislative Changes in Tennessee for the Construction Industry Earlier this year we shared a post that was all about Tennessee. Since that post,...

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Virginia’s Mechanic’s Lien Form Has Changed

Virginia is for Lovers of Mechanic’s Liens: Virginia’s Mechanic’s Lien Form Has Changed Virginia is for lovers… lovers of mechanic’s liens? Maybe...

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Key Collection Questions & Important Documentation

Prep to Collect: Key Collection Questions & Important Documentation You’ve gone around and around with your debtor for weeks, maybe even months, but...

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Selling Fuel on Consignment? Don’t Forget to File a UCC!

In Bankruptcy, Who Has Priority Over the Proceeds from Consigned Goods? Depends on Whether the Consignment is Governed by UCC Article 9 Selling Fuel...

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Iowa Lien Attached to Building, Not Lessor’s Property

Who Is Responsible for The Costs Associated with The Construction of The Facility, The Lessor, Lessee or Both? In Iowa, the Lien Attached to the...

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Unraveling the Mystery of Misleading UCC Filings

Georgia Bankruptcy Court deemed creditor’s UCC filing misleading Who enjoys a good ol’ mystery game? Today’s mystery is why a Georgia Bankruptcy...

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Is Mediation or Arbitration Best for Your Business?

How to Know Which Is Best for Your Business Have you found yourself in a construction dispute, trying to decide whether the dispute warrants trips to...

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