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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.

Blanket Filing or PMSI Filing

Should You Use a Blanket Filing or a PMSI Filing? There are primarily two types of secured transactions under Article 9 of the Uniform Commercial Code: Blanket Filing and Purchase Money Security Interest (PMSI) Filing. There are other applicable...

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The Competitive Advantage of UCC Filings

Did You Know UCCs Give You a Competitive Edge when Extending Credit? UCC Filings Promote Commerce In 1952, the Uniform Commercial Code (UCC) was...

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Lee Roberts Managing Partner at NCS Credit

North Carolina Mechanic’s Lien Rights: What is a Lien Agent?

What is a Lien Agent? What Does a Lien Agent Do? Is a Lien Agent Necessary? Author: R. Lee Robertson, Jr., Managing Partner, Robertson & Associates

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Safe Harbor Won’t Save Your Florida UCC

Florida is serious about UCC filings. A recent Court of Appeals decision left a creditor with an unperfected security interest, when its UCC...

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NCS credit owners celebrating 52 years of business at event

NCS Credit Marks 50+2 Years with Expansion and Rebrand

Highland Hts. Oh., Sep. 30, 2022 – After a two-year delay due to the pandemic, NCS Credit is thrilled to announce the celebration of its 50th...

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Perfecting Security Interests: Avoiding Improper Forms

A Seemingly Minor Error Cost One Creditor $4,153,137.79 When preparing documentation to perfect a UCC filing, the requirements may not be too...

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Special Types of Liens: Oil and Gas Liens

Are There Special Types of Liens? The Short Answer: YES! The question: “Are there special types of mechanic’s liens?” The Answer: YES! Some include...

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UCC Filings: Does DBA Matter?

Does “d/b/a” Really Make a Difference in UCC Filings? One of the most common — and most preventable — mistakes creditors make when creating a...

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Importance of Writing Effective UCC Collateral Descriptions

Avoid Being Too Specific or Too Vague in UCC Descriptions of Collateral The Case: IN RE PROVIDERX OF GRAPEVINE, LLC – BANKR. COURT, ND TEXAS, 2013.

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The Importance of Project Type for Lien Rights

Whether You Protect Mechanic’s Lien or Bond Claim Rights Depends on the Project Type: Private, Public, or Federal If you are supplying materials or...

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