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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.

Waiving Bond Claim Rights Under The Miller Act

Are You Waiving Your Bond Claim Rights Under The Miller Act? If you furnish to a federal construction project, and your contract includes a provision for claim resolution outside of the Miller Act, are you prohibited from pursing a claim under the...

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Unsecured Creditors in Retail Bankruptcy Lose Out

The Importance of Being a Secured Creditor in Today’s Retail Climate In today’s highly credit-based economy, the looming threat of debtor bankruptcy...

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Pennsylvania Strengthens Payment Act (CASPA)

Pennsylvania HB566: Strengthens Contractor and Subcontractor Payment Act (CASPA) Early June, Pennsylvania enacted amendments to its Contractor and...

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UCC Filing Collateral Descriptions and Interpreting “And All”

UCC Filing Collateral Descriptions and Interpreting “And All” – With a Dab of Fixture Filings The U.S. Bankruptcy Court in Missouri recently...

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Residential Construction Projects & Liens in New Jersey

Compare & Contrast | Commercial & Residential New Jersey is one of 17 states with mechanic’s lien statute specific to residential projects. In New...

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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...

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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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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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