Secured Creditor Proof of Claim
Unfortunately, your customer has filed for bankruptcy. Fortunately, you are a secured creditor! Now, you need to complete your bankruptcy Proof of Claim.
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Lien on Funds, Stop Notice, and Public Improvement Lien
In some states, there are additional recovery remedies aside from mechanic's liens and bond claims. If you are furnishing to a construction project,...
Lien and Claim Deadlines Based on Completion
Often, mechanic's lien and bond claim deadlines are calculated from the date of your last substantial furnishing. But, did you know, 23 states...
Consignment Filings
Do you sell on consignment? If you allow customers to have possession of goods under a “consignment” agreement prior to the actual sale, you are at...
Joint Check Agreements
A Joint Check Agreement is an agreement between multiple parties, allowing one party to make payment through a check issued to two or more payees....
Competitive Advantage of UCC Filings
A UCC filing can do more than protect your inventory, equipment, and receivables. Properly perfected UCCs can reduce your risk and give you the...
Demand Letters 101
Demand letters can expedite payment, allow you to maintain control of your collection process and save you money. A demand letter is a strongly...
UCC v PPSA
The U.S.’s Article 9 of the Uniform Commercial Code (UCC) and Canada’s Personal Property Security Act (PPSA) are sets of law that govern commercial...
Learn More about Lien Waivers
In this NCS Extra Credit installment, Jennifer Mach (NCS Customer Relations Specialist) and Jerry Bailey (Executive Sales and Education Services...
Blanket v. PMSI
There are primarily two types of secured transactions under Article 9 of the Uniform Commercial Code: Blanket Filing and Purchase Money Security...