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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)

Not-So-Peachy Mechanic’s Lien for One New York Landlord

Not-So-Peachy Mechanic’s Lien for One New York Landlord According to a recent Court of Appeals decision, enforcing a mechanic’s lien on leased...

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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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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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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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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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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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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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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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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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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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