Mechanic’s Liens: Understanding Ship and Delivery Dates
Should You Use the Ship Date or Delivery Date When Calculating Mechanic’s Lien and Bond Claim Deadlines? We are often asked “Should I use my ship...
Bond Claim (10)
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.”
California Lender Search: a Best Practice
California Lender Search: a Best Practice A customer contacted NCS with the following conundrum:
California 20 Day Notice
20 Facts About California’s 20 Day Preliminary Notice Need to serve a preliminary notice in California? (aka CA 20 Day Prelim) The general rule, when...
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...
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...
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...