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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.

Bond Claim (4)

What’s New in Mechanic’s Lien & Bond Claim Law?

What’s New in Mechanic’s Lien & Bond Claim Law? There have been some key developments and changes to mechanic’s lien and bond claim laws throughout...

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Public Projects and Preliminary Notices

Public Projects & Preliminary Notices: Preliminary Notices Aren’t Just for Private Projects Do you know there are 19 states that require a...

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Illinois Mechanic’s Lien and Bond Claim Rights

What You Should Know About Protecting Lien & Bond Claim Rights in Illinois In 2019, Illinois HB2722 passed, which added protection under the payment...

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Key Collection Questions & Important Documentation

Prep to Collect: Key Collection Questions & Important Documentation You’ve gone around and around with your debtor for weeks, maybe even months, but...

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Lien Dissolution Bond and Suit-To-Enforce Action

A Quick Story about a Lien Dissolution Bond and Its Trusty Suit-To-Enforce Action A “lien dissolution bond,” which can be filed to remove mechanic’s...

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Bond Claim Nitty-Gritties: The 5 W’s and 1 H

Bond Claim Nitty-Gritties: the Who, What, Where, When, Why, and How of Bond Claims Ahh, payment bonds and bond claims; a payment security often...

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Oklahoma’s Lien & Bond Claim Requirements

Are You ‘OK’ with Oklahoma’s Mechanic’s Lien & Bond Claim Requirements? Furnishing to a construction project in the Sooner State? Today’s quick read...

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“Pay-If-Paid” Leaves Subcontractor High and Dry

“Pay-If-Paid” Leaves Subcontractor High and Dry An Alabama Court of Appeals has upheld a trial court’s decision: a subcontractor cannot recover its...

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Retainage, Payment Bonds, and Private Projects in Texas

Retainage, Payment Bonds, & Private Projects in Texas Private projects in Texas – mechanic’s lien or bond claim? Ordinarily I would say “Mechanic’s...

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Maine Mechanic’s Lien & Bond Claim Rights

Here’s What You Should Know about Maine Mechanic’s Lien & Bond Claim Rights Maine, the most northeastern state in the U.S., famous for lobsters, very...

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