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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.

Preliminary Notices & Construction Credit (11)

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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...

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Problems with Preliminary Notices

Here Are 5 Mistakes Commonly Seen with Preliminary Notices Securing your mechanic’s lien and bond claim rights often begins with serving a...

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Utah’s State Construction Registry (aka SCR)

Preliminary Notices: Understanding Utah’s State Construction Registry (aka SCR) Securing mechanic’s lien and bond claim rights, in the state of Utah,...

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If or When, Contingent Payment Clauses

Payment Clauses: Pay-IF-Paid or Pay-WHEN-Paid It’s hard to believe that two small words, with seemingly “useless, yet endless” functionality, can...

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3 min read

Prelien Notice Mistake Invalidates Mechanic’s Lien

Prelien Notice Mistake Invalidates Mechanic’s Lien in Minnesota Today’s case is an unfortunate example of how one contractor lost its mechanic’s lien...

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How To Find a Construction Law Attorney

How to Find an Attorney that Understands the Intricacies of Construction Law You sent your preliminary notice; your customer’s invoices became past...

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Serve Notice After First Furnishing

Serve the Preliminary Notice AFTER You Begin Furnishing Did you know some states require the preliminary notice to be served after you begin...

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What Are Joint Check Agreements?

What Are Joint Check Agreements? No, it has nothing to do with twisting your arm while depositing a check at the bank, although I’m certain some may...

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No Preliminary Notice? No Mechanic’s Lien for You

No Preliminary Notice? No Mechanic’s Lien for You About 40 states require a preliminary notice be served upon the owner of the property on which the...

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What is a Bond Claim?

A Contractor Supplied a Payment Bond & You Haven’t Been Paid, What’s Next? You supplied materials to the project, served a preliminary notice as...

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