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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.

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 is more prominent than ever. A number of well-known retailers, such as Bon Ton, Toys R Us, Nine West...

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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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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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