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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.

3 min read

Court Says It’s a Ripe Claim Under the Miller Act

Court Says It’s a Ripe Claim Under the Miller Act Two subcontractors pursued recovery of unpaid funds under the Miller Act, while simultaneously pursuing claims through administrative proceedings. The contractor and surety argued the Miller Act...

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3 min read

Adjudication and Ontario’s Construction Lien Act

Adjudication and Ontario’s Construction Lien Act As you are likely aware, the first wave of amendments to Ontario’s Construction Lien Act go into...

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3 min read

Secretary of State Errors and Your Security Interest

Do You File UCCs? What Happens to a Security Interest When the Secretary of State Makes an Error? Compliance with Article 9 of the Uniform Commercial...

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Promises Won’t Bring Massachusetts Lien Back

Promises Won’t Bring Massachusetts Mechanic’s Lien Rights Back In Massachusetts, a project owner promised to pay its subcontractor, so the...

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Value of Salvaged Materials Increased Contract Amount

Project Contract Amount Increased, Based on the Value of Salvaged Materials Can the resale value of salvaged materials from a demolition site be...

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New Regulations under Ontario’s Construction Lien Act

New Regulations under Ontario’s Construction Lien Act Ontario’s Construction Lien Act is set for its first wave of statutory changes which go into...

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Convenience of Prevenient Arrangements and a Text Message

What Is a Prevenient Arrangement and What Does It Have To Do With a Text Message? A prevenient arrangement occurs when parties enter “…into an...

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Security Interests in Liquor Licenses OK in Pennsylvania

Security Interests (UCC Filings) in Liquor Licenses OK in Pennsylvania Yes, creditors can take a secured interest in a debtor’s liquor license in...

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Pass-Through Claims and The Severin Doctrine

Pass-Through Claims, The Severin Doctrine & Why You Should Be “in the Know” In construction, a pass-through claim is when one party makes a claim on...

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UCCs and Liens Make Your Company a Payment Priority

Use UCC Filings and Mechanic’s Liens to Make Your Company a Payment Priority Businesses prioritize how, when and which vendors are paid and often pay...

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