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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.

1 min read

Top 5 Mistakes in Security Agreements

UCC Filings: Top 5 Mistakes in Security Agreements In an earlier post we discussed the art of drafting a perfect security agreement and today we’d like to discuss the common mistakes in security agreements.

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Utah’s State Construction Registry (aka SCR)

Preliminary Notices: Understanding Utah’s State Construction Registry (aka SCR) Securing mechanic’s lien and bond claim rights, in the state of Utah,...

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Collectability of an Unsecured Collection

Have you ever wondered “Is my unsecured collection collectable?” “Is this past due, unsecured account even collectable?” It’s a common question in...

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If or When, Contingent Payment Clauses

Payment Clauses: Pay-IF-Paid or Pay-WHEN-Paid It’s hard to believe that two small words, with seemingly “useless, yet endless” functionality, can...

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The 4 Primary Types of Lien Waivers

The 4 Primary Types of Lien Waivers Lien Waivers are common in construction credit. Project owners will often require lien waivers from contractors,...

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What Is The Federal Miller Act?

In 1935, the federal government created the Miller Act statute, requiring prime contractors to obtain a payment bond on any United States Government...

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Prelien Notice Mistake Invalidates Mechanic’s Lien

Prelien Notice Mistake Invalidates Mechanic’s Lien in Minnesota Today’s case is an unfortunate example of how one contractor lost its mechanic’s lien...

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How To Find a Construction Law Attorney

How to Find an Attorney that Understands the Intricacies of Construction Law You sent your preliminary notice; your customer’s invoices became past...

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North Carolina Notice to Lien Agent

North Carolina: the Lien Agent & the Notice The mechanic’s lien law in North Carolina experienced a rather large change in April 2013: the...

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Protect Your Consignment Sales

Protect Your Consignment Sales with UCC Filings If you allow customers to have possession of goods under a “consignment” agreement prior to the...

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