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NCS Lien Index 2022 Q1
March 21, 2022
Implementing UCC filings in your credit-granting process includes educating your customer on the process and what a UCC filing will mean to their business. To help you better explain the …
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February 28, 2022
Every business has its own keywords, phrases, and acronyms. Heck, one episode of NCIS will give you a full lesson in Naval Criminal Intelligence lingo. While mechanic’s liens and construction …
February 14, 2022
In honor of Valentine’s Day, here are four reasons we love UCC filings — and you should too! Security: If you could protect your accounts receivable, inventory, or equipment, would …
January 24, 2022
In Florida, a lender’s UCC filings technically identified the debtor incorrectly, but the Court of Appeals couldn’t determine whether the lender holds a secured interest. Now, the fate of the …
November 8, 2021
Serve the mechanic’s lien and file the mechanic’s lien. Two actions that are often lumped together or referenced interchangeably. But they are, in fact, two distinct and separate actions. What …
October 25, 2021
It’s a great day to read about a UCC success story! The secured creditor’s UCC filing allowed it to maintain its secured position, despite the collateral being transferred from the …
August 23, 2021
Compliance with UCC 9-503(a) must be one of the easiest and most challenging aspects of perfecting security interests. A contradiction, right? Under Article 9, a debtor should be identified on …
August 9, 2021
With a properly perfected security interest (aka UCC filing), you can recover funds (or inventory/equipment) from your customer in the event of default or bankruptcy. Of course, as a brilliant …
July 12, 2021
Originally published in The Credit Research Foundation’s Perspective newsletter (June 2021) The Credit Research Foundation recently surveyed their membership on the use and impact of securitization (UCCs, mechanic’s lien, etc.) …
May 24, 2021
Recently, members of The Credit Research Foundation (CRF) posed questions to NCS Experts. “In an average year, mechanic’s lien filings are high in Q1, low in Q2 & Q3, and …
February 22, 2021
Can a UCC be “revived” if you knowingly fail to timely file an amendment for a debtor’s name change? Minnesota Bankruptcy Court says no. Today’s post reviews an ongoing case …
January 11, 2021
The events of 2020 will not soon be forgotten. A year that began with hope and optimism was quickly darkened by a pandemic that locked down economies for weeks and …