NCS Collection Services Group – Tip #36: Filing a Bankruptcy Proof of Claim as a Secured Creditor
March 3, 2014
Whenever possible, creditors want to file a Proof of Claim as a secured creditor. In the event of a debtor’s bankruptcy, secured creditors are paid before unsecured creditors. Properly executing …
NCS Construction Services Group – Tip #38: First Furnishing, Last Furnishing & Completion
March 3, 2014
When securing your receivables through the Mechanic’s Lien & Bond Claim process, most often, statutory deadlines are dictated by a party’s first & last furnishing dates and/or completion of the …
In a recent NCS Online Services poll, we asked: How many states are “Unpaid Balance Lien States?”
September 19, 2013
We asked Construction Credit Professionals “How many states are Unpaid Balance Lien States?” and we provided the following possible answers to choose from: “10 or less” – 17% …
In our recent online services poll, we asked: What do you consider your biggest challenge as a credit professional?
April 25, 2013
Here is the breakdown of the responses we received: 51% responded that their biggest challenge is to “Reduce DSO – improve cash flow and working capital.” How NCS can help: …
In our recent online services poll, we asked: What is the main event that prompts you to file a lien/bond claim?
March 19, 2013
Here is the breakdown of the responses we received: Internal aged receivables report: 57% Information received from Project Manager / Branch: 7% NCS reports / deadlines: 23% Other: 13% What …