What Are Common Forms Used in Secured Transactions? Understanding which UCC forms to use and how they work helps ensure your security interest is properly recorded and your rights are protected throughout the credit process.
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The primary difference between Chapter 7 vs Chapter 11 is whether the bankrupt entity intends to continue operating after it exits bankruptcy. An...
Lien waivers are one of the most common documents in construction. They protect project owners and contractors from duplicate payments, while giving...
Preliminary Notice Basics A preliminary notice is often the first step in preserving your right to secure payment through a mechanic’s lien (for...
Commercial debt recovery, also called commercial collections or B2B collections, is the process of recovering unpaid invoices or debts owed by other...
What Is a Lien Waiver A lien waiver is a legal document signed by a contractor, subcontractor, supplier, or other party on a construction project to...
Bond Claim Basics A bond claim is a written notice to the surety that the claimant (such as a subcontractor or material supplier) is looking to them...
What Is Article 9 of the Uniform Commercial Code (UCC)? The Uniform Commercial Code is a set of standardized laws that govern commercial transactions...
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Lien Index Falls 10 Points (16%) to 51 from Revised Q2 Score of 61, Signaling Shifts in Market Activity NCS Credit's Lien Index is derived from...
Understanding Texas Notice Cycles for Lien and Bond Rights That’s an odd title, right? “Texas Preliminary Notices Are for Non-Payment.” It may sound...
