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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.

Reduce the Need for Collections with Liens

Filing Mechanic’s Liens Will Reduce the Need to Place Accounts for Collections Every day, credit professionals across all industries review and assess risk. That’s what we do – we are “Risk Assessors” – like some kind of super hero, with special...

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Navigating Preliminary Notices on Leased Property

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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Creditor’s UCC Collateral Description Mistake

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 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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Leverage Your UCC Filing in the Collection Process

Leverage Your UCC Filing in the Collection Process The collections process is not a “desired” process. By desired, I mean, no one actually wants to...

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Supply House? You Can Use the UCC to Get Paid

Supply House? You Can Use the UCC to Get Paid By John Allen Waldrop III, Commercial Lawyer

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Complying with the Michigan Notice of Commencement

Did I Comply with the Michigan Notice of Commencement? We have previously discussed “substantial compliance” with regard to mechanic’s lien and bond...

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Sometimes Substantial Compliance is Enough

Turns Out, Sometimes Substantial Compliance with Mechanic’s Lien Law is Enough At NCS, we constantly stress the importance of complying with each...

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Include a Proper Estimate in Preliminary Notice

California Case Highlights the Importance of Including a Proper Estimate in Your Preliminary Notice It’s likely you have read this (or heard this)...

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Hip Hop and Credit Management

Hip Hop & Credit Management: Advice to Credit Professionals in 30 Seconds Several years ago, I was given the opportunity to view a documentary,...

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