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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.

UCC Financing Statements (4)

4 min read

UCC Terminated without Authorization

UCC Terminated without Authorization, Do You Still Have a Perfected Security Interest? To have your UCC filing terminated without authorization is...

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4 min read

Can You Revive a UCC Filing?

Can Your UCC Filing be Revived if You Knowingly Let It Become Unperfected? Can a UCC be “revived” if you knowingly fail to timely file an amendment...

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2 min read

Malls and Tickle-Up Effects of Retail Bankruptcies

Shopping Malls Suffering From Bankruptcies OK, so “trickle-up effect” may not be a thing, but retail bankruptcies are on the rise and the impacts...

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2 min read

UCC Filing: Right of Repossession Without a Breach

Your UCC Filing Provides You with the Right of Repossession, Just Make Sure You Don’t Breach the Pizza, Er… the Peace.

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3 min read

Equipment UCC Filings Best Practices

Selling Equipment? Here’s Our Best Practices for Equipment UCC Filings Purchase Money Security Interest (PMSI) Filings were created to encourage...

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3 min read

Your Credit-Granting Processes & COVID-19

The Impact of COVID-19 on Your Credit-Granting Processes We recently asked our clients whether the COVID-19 pandemic is impacting their...

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2 min read

What Happens if You List the Wrong Debtor Name in Kansas?

The Accuracy of the Debtor’s Name Is a BIG Deal Filing UCCs may seem simple. I often hear folks say “Meh, it’s no big deal. I just gotta fill in the...

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2 min read

Personal Guarantee Enhanced by UCC Filing

Did You Know a UCC Filing Enhances a Personal Guarantee? A personal guarantee (PG) is an individual’s legal promise to repay credit issued to a...

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4 min read

Your Credit Management Arsenal & COVID-19

COVID-19 and Your Credit Management Arsenal If you extend credit, you are vulnerable to risk — whether furnishing to a single construction project or...

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3 min read

UCC Collateral Description: What You Should Include

What Should You Include in Your UCC Collateral Description? A perfected security interest is nothing without a collateral description. A properly...

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