Skip to the main content.

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.

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 actual sale, you are at risk of losing your rights in the goods. To protect your interest, you must have...

Read More

Recovery via Judgment Liens

Will I Ever Receive Payment on Old Judgment Liens and Mechanic’s Liens? Will you receive payment on old judgment and mechanic’s liens? Short answer:...

Read More

Serve Notice After First Furnishing

Serve the Preliminary Notice AFTER You Begin Furnishing Did you know some states require the preliminary notice to be served after you begin...

Read More

Accurately Indexed UCC Filing

Accurately Indexed UCC Filing: Conduct a Reflective Search After Every UCC Filing Obtaining a reflective search is the best practice to make sure the...

Read More

Bankruptcy Payout Priority – Secured Creditors Make Bank

Bankruptcy Payout Priority – Secured Creditors Make Bank As a credit professional, you’ve likely heard this once or twice: “It’s better to be a...

Read More

What is Subordination?

Avoiding Potential Pitfalls When Entering into a Subordination Agreement What is Subordination? Subordination is “the process by which a creditor...

Read More

Small Mistake High Price in Mechanic’s Liens

In the Field of Mechanic’s Liens, a Small Spelling Error has Large Price Tag Mechanic’s Lien laws are notoriously complex and courts across the...

Read More

What Are Joint Check Agreements?

What Are Joint Check Agreements? No, it has nothing to do with twisting your arm while depositing a check at the bank, although I’m certain some may...

Read More

Debtor Name Errors in UCC Filings

The Impact of Debtor Name Errors in UCC Financing Statements Perfection of a security interest involves drafting and executing a sound security...

Read More

No Preliminary Notice? No Mechanic’s Lien for You

No Preliminary Notice? No Mechanic’s Lien for You About 40 states require a preliminary notice be served upon the owner of the property on which the...

Read More