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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.

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 anniversary (2020), the anxiously awaited grand opening of its new 3,200 ft building expansion, plus the...

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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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Protect Your Purchase Money Security Interest in Goods

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...

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What’s Included in a California Mechanic’s Lien?

What Information Should be Included in Your California Mechanic’s Lien? We serve preliminary notices, file mechanic’s liens, and serve bond claims...

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Bonding Off a Mechanic’s Lien: What Is It?

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...

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Georgia Mechanic’s Liens & Bond Claims

Here’s What You Should Know about Georgia Mechanic’s Liens & Bond Claims Sweet Georgia Mechanic’s Liens & Bond Claims on My Mind. Songs aren’t quite...

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