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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.

Article 9

UCC Filings: Common Forms & Types

What Are Common Forms Used in Secured Transactions? Understanding which UCC forms to use and how they work helps ensure your security interest is...

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What Is a UCC Filing?

What Is Article 9 of the Uniform Commercial Code (UCC)? The Uniform Commercial Code is a set of standardized laws that govern commercial transactions...

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Reduce the Need for Collections with UCC Filings

Filing UCCs Will Reduce the Need to Place Accounts for Collections Did you know UCC filings reduce collection needs? It’s true. How? Well, Article 9...

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Comparing USA’s UCC & Canada’s PPSA

The Similarities and Differences of the U.S.’s UCC and Canada’s PPSA The U.S.’s Article 9 of the Uniform Commercial Code (UCC) and Canada’s Personal...

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Selling on Consignment and UCC Filings

UCC Filings: What is Consignment? We have previously discussed whether you should secure your receivables, under Article 9 of the UCC, via a Blanket...

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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...

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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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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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Selling Fuel on Consignment? Don’t Forget to File a UCC!

In Bankruptcy, Who Has Priority Over the Proceeds from Consigned Goods? Depends on Whether the Consignment is Governed by UCC Article 9 Selling Fuel...

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Unraveling the Mystery of Misleading UCC Filings

Georgia Bankruptcy Court deemed creditor’s UCC filing misleading Who enjoys a good ol’ mystery game? Today’s mystery is why a Georgia Bankruptcy...

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