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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.

Debtor’s Business and Your UCC Filing

Your Customer is Selling Their Business, What’s in Store for Your UCC Filing? Businesses are bought and sold every day, sometimes without any consequence to creditors/vendors. Unfortunately, that is only sometimes. One of the primary reasons...

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The Carmack Amendment

The Carmack Amendment: What Is It? Why Does It Matter? Today’s contribution is authored by Ms. Michelle Gerred, Esq., NCS Notice & Mechanic’s Lien...

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Idaho Supreme Court: Lien Rights for the Sub and Engineer

Idaho Supreme Court: Is the Sub Required to file Multiple Liens & when do Lien Rights begin for the Engineer? In a recent appeal heard before the...

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RUG: Secured Transactions in Mexico

Secure Your Receivables in Mexico via the RUG Historically, Mexican companies have had difficulty securing financing from foreign banks, primarily...

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Payment Bonds vs. Performance Bonds

Payment Bonds vs. Performance Bonds In this corner we have an $8.4 million bond, created & executed to protect you in the event the principal does...

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The Importance of Filing Your PMSI Timely

The Importance of Filing Your PMSI Timely: When is a Purchase Money Security Interest (PMSI) Perfected? A PMSI is considered fully perfected once you:

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Demand Letters and UCC Filings

Demand Letters and UCC Filings

What You Should Know about Demand Letters & UCC Filings The demand letter is often overlooked as a collection tool for UCC filers, but it can be a...

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Demand Letters and Mechanic’s Liens

What You Should Know about Demand Letters and Mechanic’s Liens A demand letter is a strongly worded request for payment, most often served upon your...

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Supplying Rental Equipment to a Construction Project

3 Things to Know if You’re Supplying Rental Equipment to a Construction Project Although great strides have been made within the last several years,...

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Two Questions to Ask Before Releasing a Mechanic’s Lien

Always ask yourself these two questions before you release a mechanic’s lien

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