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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.

Oklahoma’s Lien & Bond Claim Requirements

Are You ‘OK’ with Oklahoma’s Mechanic’s Lien & Bond Claim Requirements? Furnishing to a construction project in the Sooner State? Today’s quick read post is just for you! In this post we’ll review the steps needed to secure mechanic’s lien and bond...

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Condominium Act Meets Construction Act in Ontario

Condominium Act Meets Construction Act in Ontario Ontario’s Construction Act has been a prevalent topic throughout the last year, and with the second...

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“Pay-If-Paid” Leaves Subcontractor High and Dry

“Pay-If-Paid” Leaves Subcontractor High and Dry An Alabama Court of Appeals has upheld a trial court’s decision: a subcontractor cannot recover its...

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Digital Assets a General Intangible under Wyoming’s UCC

Digital Assets Now a General Intangible under Wyoming’s UCC Wyoming is the first and only state to enact blockchain-enabling laws. It is also the...

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Washington Liens: When Frivolous is Better Than Absent!

This Washington Lien Was Late, Excessive, and Inaccurate. But It Wasn’t Frivolous. Late, excessive, inaccurate, but not frivolous: sounds like a...

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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...

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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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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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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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