Florida is serious about UCC filings. A recent Court of Appeals decision left a creditor with an unperfected security interest, when its UCC Financing Statements were deemed Seriously Misleading because it identified its debtor as “1944 Beach Blvd.,...
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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...
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...
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...
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...
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.
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...
What is a Purchase Money Security Interest (PMSI)? Section 9-103 of the UCC defines a PMSI as a security interest in goods that are collateral for an...
What Information Should be Included in Your California Mechanic’s Lien? We serve preliminary notices, file mechanic’s liens, and serve bond claims...
Bonding Off a Mechanic’s Lien: What Is It & What Does It Mean for You? Once a mechanic’s lien is filed, there is an opportunity for the lien to be...
