NTO-Phobia: the Fear of the Preliminary Notice
NTO-Phobia: the Fear of the Preliminary Notice The Fear: A common fear expressed by contractors, subcontractors and material suppliers everywhere is...
Bond Claim (10)
Reduce the Need for Collections with Liens
Filing Mechanic’s Liens Will Reduce the Need to Place Accounts for Collections Every day, credit professionals across all industries review and...
Lien Waiver Language: Unconditional
Lien Waiver Language Part 2: Unconditional Lien Waivers Every lien waiver should clearly identify the property name & project location, the debtor’s...
Complying with the Michigan Notice of Commencement
Did I Comply with the Michigan Notice of Commencement? We have previously discussed “substantial compliance” with regard to mechanic’s lien and bond...
Sometimes Substantial Compliance is Enough
Turns Out, Sometimes Substantial Compliance with Mechanic’s Lien Law is Enough At NCS, we constantly stress the importance of complying with each...
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,...
Payment Bonds vs. Performance Bonds
Payment Bonds vs. Performance Bonds In this corner we have an $8.4 million bond, created & executed to protect you in the event the principal does...
Demand Letters and Mechanic’s Liens
What You Should Know about Demand Letters and Mechanic’s Liens A demand letter is a strongly worded request for payment, most often served upon your...
Problems with Preliminary Notices
Here Are 5 Mistakes Commonly Seen with Preliminary Notices Securing your mechanic’s lien and bond claim rights often begins with serving a...
Utah’s State Construction Registry (aka SCR)
Preliminary Notices: Understanding Utah’s State Construction Registry (aka SCR) Securing mechanic’s lien and bond claim rights, in the state of Utah,...