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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.

Don’t Ignore Contractor Licensing Requirements

Be Careful, Don’t Ignore Contractor Licensing Requirements – Your Lien Rights May Depend on It Don’t ignore contractor licensing requirements; your mechanic’s lien rights may depend on it. Sounds a bit like a public service announcement, right?...

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What Does It Mean to “File” a Lien?

What Does It Mean to “File” a Lien? Is that Different than “Recording” a Lien? According to One Case in Ohio, They’re Different. In legal decisions,...

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UCC-1 Collateral Description Reference Security Agreement

What Happens When a UCC-1 Collateral Description References the Security Agreement, but the Security Agreement Isn’t Attached? What happens to a...

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Perfecting UCC Collateral Descriptions

Perfectly Imperfect Collateral Descriptions within Your UCC Financing Statement: It’s a Delicate Balance. A properly perfected security interest is...

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Miller Act May Not Cover Unused Labor

Furnishing to a Federal Construction Project? Beware, the Miller Act May Not Cover Unused Labor The Miller Act is federal statute that requires...

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Backup Documentation & Mechanics Lien Filing

The Critical Role of Backup Documentation in Your Mechanic’s Lien Filing Never underestimate the value and necessity of documentation supporting your...

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An Excessive Mechanic’s Lien in Nevada

How Much Money Does it Take to Make a Mechanic’s Lien Excessive in Nevada? How much money makes a mechanic’s lien claim excessive or frivolous?...

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Notice of Non-Payment May Not Be Required in Louisiana

Notice Non-Payment May Not Be Required for Louisiana Public Projects For material suppliers furnishing to public projects in Louisiana, one court...

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New York Residential Projects & Your Lien Rights

Your Mechanic’s Lien Rights on Residential Projects in New York The Supreme Court in New York County has vacated one claimant’s lien for failure to...

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Guide to Managing Mechanic’s Liens Across Multiple Sites

Are You Furnishing to the Construction on More than One Building?

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