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NTO-Phobia: the Fear of the Preliminary Notice The Fear: A common fear expressed by contractors, subcontractors and material suppliers everywhere is “My customer will get upset if I send a preliminary notice”. A preliminary notice (sometimes...
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Aside from a mouthful when trying to say it three times fast, the Notice of Termination of Notice of Commencement is a recorded affidavit that...
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Can Supporting Documentation Make or Break Your Claim? Short Answer: Yes! The words rumbled like daunting thunder from the mouth of a tall, lanky and...
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Carelessness is Worse than a Lien-Waiver-Gauntlet-Throwing-Thief “Carelessness is worse than a thief.” And, in this case, “Carelessness means...
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Filing Mechanic’s Liens Will Reduce the Need to Place Accounts for Collections Every day, credit professionals across all industries review and...
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Furnishing to a Property that’s Leased? Serve the Owner & the Tenant It sounds simple enough – serve the owner with a preliminary notice. If ABC...
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Lien Waiver Language Part 2: Unconditional Lien Waivers Every lien waiver should clearly identify the property name & project location, the debtor’s...
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Creditor’s OMEGA Mistake Started with the Collateral Description in Its UCC Filing In Omega Optical, Inc. 476 B.R. 157 (Bankr. E.D.Pa. 2012)...
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Is Art Worth More if a UCC-1 is Never Filed? Is art worth more if the UCC-1 was never filed? Yes, I’m asking the hard hitting questions of our time....
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Lien Waiver Language Part 1: Conditional Lien Waivers We’ve previously discussed the 4 primary types of lien waivers; today we’d like to discuss...
