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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.

In Other Commercial Credit News (5)

2 min read

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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1 min read

Close Call with Terminated UCC Filing

Close Call with Terminated UCC Filing In a recent bankruptcy case, one creditor squeaked by and maintained its secured position despite accidentally...

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2 min read

P3s Created by Contract, Not Statute

Public Private Partnerships (P3s) Are Created by Contract, Not Statute Public Private Partnerships (P3s) can be incredibly beneficial, especially in...

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2 min read

Is it a Bird? Is it a Rule? It’s a Cardinal Change Order!

Is it a Bird? Is it a Rule? It’s a Cardinal Change Order! Change orders. Everyone’s got ‘em! But, what’s the difference between a change order and a...

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2 min read

Michigan’s Design Professional Lien Rights Amended

Michigan’s Design Professional Lien Rights Were Recently Amended At the end of 2018, Michigan amended a portion of its Construction Lien Act...

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3 min read

Time for Preparation, There’s No Rest Post-Recession

Use this Time as Preparation, There’s No Rest Post-Recession! FMI has released its 2019 U.S. and Canada Construction Outlooks. The report contains a...

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2 min read

Arkansas: You Can’t Lien a Property You Didn’t Improve

Arkansas Mechanic’s Liens: You Can’t Lien a Property You Didn’t Improve Turns out, if you want to secure a mechanic’s lien in Arkansas, the lien must...

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2 min read

Arbitration, Mediation, Lawsuit – What’s the Difference?

Arbitration, Mediation, Lawsuit – What’s the Difference? Over the holiday break, I spent some time reading articles I’ve (shamefully) had bookmarked...

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3 min read

Mechanic’s Liens and Discharge Bonds

Mechanic’s Liens and Discharge Bonds We know mechanic’s liens can be bonded off, we’ve discussed it before. But it’s a topic that can be quite...

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2 min read

What To Do When You Can’t Get Change Orders in Writing

What To Do When You Can’t Get Change Orders in Writing Change orders can be tough to track. Nearly every construction project has change orders and...

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