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 (5)
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...
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...
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.
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...
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...
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...
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...
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...
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...