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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.

Bankruptcy (6)

Expected Payment and Expiring Lien Deadlines

“I’m not going to file a mechanic’s lien, my customer says he is going to pay me by the end of the week.”

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Creditor’s UCC Collateral Description Mistake

Creditor’s OMEGA Mistake Started with the Collateral Description in Its UCC Filing In Omega Optical, Inc. 476 B.R. 157 (Bankr. E.D.Pa. 2012)...

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Is Art Worth More if a UCC-1 is Never Filed

Is Art Worth More if a UCC-1 is Never Filed? Is art worth more if the UCC-1 was never filed? Yes, I’m asking the hard hitting questions of our time....

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Lien Waiver Language: Conditional

Lien Waiver Language Part 1: Conditional Lien Waivers We’ve previously discussed the 4 primary types of lien waivers; today we’d like to discuss...

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Leverage Your UCC Filing in the Collection Process

Leverage Your UCC Filing in the Collection Process The collections process is not a “desired” process. By desired, I mean, no one actually wants to...

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Supply House? You Can Use the UCC to Get Paid

Supply House? You Can Use the UCC to Get Paid By John Allen Waldrop III, Commercial Lawyer

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Hip Hop and Credit Management

Hip Hop & Credit Management: Advice to Credit Professionals in 30 Seconds Several years ago, I was given the opportunity to view a documentary,...

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RUG: Secured Transactions in Mexico

Secure Your Receivables in Mexico via the RUG Historically, Mexican companies have had difficulty securing financing from foreign banks, primarily...

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The Importance of Filing Your PMSI Timely

The Importance of Filing Your PMSI Timely: When is a Purchase Money Security Interest (PMSI) Perfected? A PMSI is considered fully perfected once you:

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The Benefit of UCC Filings

The Benefits of Secured Transactions and Article 9 of the Uniform Commercial Code The subjectivity in evaluating credit worthiness magnifies the need...

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