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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 (4)

Indiana Material Supplier Gets a Win in Appeals Court

Appeals Court Determines Indiana Material Supplier Contracted with Subcontractor, Not a Material Supplier; It’s a Win! In Indiana, a material...

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Utah Mechanic’s Lien and Bond Claim Rights

What You Should Know about Securing Utah Mechanic’s Lien and Bond Claim Rights Furnishing to a construction project in the Beehive State? Well,...

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Mechanic’s Lien Rights in Canada at a Glance

Let’s Talk Mechanic’s Lien Rights in Canada Over the last few years, several provinces in Canada have modernized or proposed amendments to their...

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Add a Check to Your Mechanic’s Lien Checklist

Keeping A Mechanic’s Lien Checklist? Here’s One More Thing to Add to Your Mechanic’s Lien Checklist: A Check for Recording Fees. It’s a detailed and...

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Is the Lien Consensual or Statutory?

What’s the Difference between Consensual and Statutory Liens? In commercial credit, creditors have an opportunity to secure accounts receivable by...

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Legislative Updates in Construction 2021

Notice, Mechanic’s Lien, and Bond Claim Legislative Updates 2021 In 2021, several states have enacted legislative updates to their mechanic’s lien...

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Changes for Texas Lien Claimants Effective January 2022

*Post updated 6/16/2021 to include official enactment*

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Changes to Iowa Mechanic’s Lien Law in Effect January 2022

What are the Changes? Iowa Governor, Kim Reynolds, has signed HF 561 into law. The bill contains two key changes to Iowa’s mechanic’s lien law....

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Minnesota Prelien Deadline is 45 Days, Not 72 Days

Minnesota’s Prelien Notice Deadline is 45 Days, Not 72 What happens when your preliminary notice is late? In Minnesota, you may lose your mechanic’s...

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Warranty Work Doesn’t Extend Washington Lien Deadline

Does Warranty Work Extend the Mechanic’s Lien Deadline? Not in Washington We are frequently asked whether punch list or warranty work will extend the...

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