The Lien Index decreased 8 points in Q2 2022, a 19% drop over Q1 2022. Despite the significant drop in mechanic's lien filings in Q2, the overall activity level is average for this time of year.
A UCC-3 can wear many hats. It can be used to continue, amend, or terminate your UCC filing. Learn more about the UCC-3 and its role in your security interest.
The Lien Index's rate of increase slowed from an adjusted +22% in Q4 2021 to +13% in Q1 2022.
Every business has its own keywords, phrases, and acronyms. Here are some of the most common terms you may hear in mechanic's liens & construction credit.
Here's a look at the Texas statutory changes effective for general contracts executed on or after January 1, 2022.
Notice, mechanic's lien/bond claim, and suit deadlines are frequently calculated from your first furnishing date, last furnishing date, and/or the date of entire project completion.
Learn who is a party to the payment bond, who is protected by the payment bond, how to know whether a payment bond has been issued, and when and how a bond claim should be served.
Download this e-book to read 30 of our top commercial credit management tips from our Collection, UCC filing, and Notice & Mechanic's Lien Services.
View this reference to see which states require you to serve a preliminary notice before you can file a mechanic's lien.