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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.

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 perfected security interest with a sound security agreement and the proper filing of a UCC-1...

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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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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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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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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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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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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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Tennessee Lien Rights & Everything You Should Know

Tennessee Mechanic’s Lien Rights & Everything You Should Know It’s the home of the Grand Ole Opry, Music Row, Graceland, Great Smoky Mountains...

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Time for Preparation, There’s No Rest Post-Recession

Use this Time as Preparation, There’s No Rest Post-Recession! FMI has released its 2019 U.S. and Canada Construction Outlooks. The report contains a...

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