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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.

2 min read

Not-So-Peachy Mechanic’s Lien for One New York Landlord

Not-So-Peachy Mechanic’s Lien for One New York Landlord According to a recent Court of Appeals decision, enforcing a mechanic’s lien on leased property in New York does not require consent of the landlord. That is, if the lease agreement required...

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2 min read

Retainage, Payment Bonds, and Private Projects in Texas

Retainage, Payment Bonds, & Private Projects in Texas Private projects in Texas – mechanic’s lien or bond claim? Ordinarily I would say “Mechanic’s...

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2 min read

Back to Basics: Two Primary Types of UCC Filings

Two Primary Types of UCC Filings: Blanket & PMSI In compliance with Article 9 of the Uniform Commercial Code, trade creditors can achieve a properly...

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1 min read

Close Call with Terminated UCC Filing

Close Call with Terminated UCC Filing In a recent bankruptcy case, one creditor squeaked by and maintained its secured position despite accidentally...

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3 min read

Maine Mechanic’s Lien & Bond Claim Rights

Here’s What You Should Know about Maine Mechanic’s Lien & Bond Claim Rights Maine, the most northeastern state in the U.S., famous for lobsters, very...

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2 min read

P3s Created by Contract, Not Statute

Public Private Partnerships (P3s) Are Created by Contract, Not Statute Public Private Partnerships (P3s) can be incredibly beneficial, especially in...

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2 min read

Top 5 Reasons You Should File UCCs

Top 5 Reasons You Should File UCCs If reducing your DSO, mitigating your risk and improving working capital aren’t reason enough to file UCCs, I’ve...

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Is it a Bird? Is it a Rule? It’s a Cardinal Change Order!

Is it a Bird? Is it a Rule? It’s a Cardinal Change Order! Change orders. Everyone’s got ‘em! But, what’s the difference between a change order and a...

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4 min read

Washington Mechanics Lien and Bond Claim Rights

Everything You Need to Know about Washington Mechanics Lien and Bond Claim Rights Starbucks, Jimi Hendrix, Bing Crosby, Mt. Rainier, Boeing and...

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2 min read

Michigan’s Design Professional Lien Rights Amended

Michigan’s Design Professional Lien Rights Were Recently Amended At the end of 2018, Michigan amended a portion of its Construction Lien Act...

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