EC: Properly Perfected UCC and Repossession
In this NCS Extra Credit installment, Diane Toth (UCC Specialist) answers “Can a properly perfected UCC really give me the right to repossess?”
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Types of Bonds in Construction Credit
The construction credit world is full of industry-specific terms and definitions; sometimes it’s hard to keep them all straight. “Bond” is one of...
EC: Assignment of Lien and Bond Claim Rights
In this NCS Extra Credit installment, Jenna Burnett (Notice & Mechanic's Lien Specialist) discusses assigning mechanic's lien and bond claim rights.
Top 5 Reasons to File UCCs
Are reducing your DSO, mitigating risk and improving working capital not enough reasons to file UCCs? Good thing we have 5 more reasons! Including,...
EC: UCCs Have Priority Over 503(b)(9) Claims
In this NCS Extra Credit installment, Nikki Nevar (UCC Specialist) explains why a UCC has priority over 503(b)(9) claims.
Proofs of Delivery & Bills of Lading and the Lien Process
Did you know, failure to obtain and save copies of these documents can jeopardize your position as a secured party? Without proof that your materials...
Assignment of Mechanic's Lien & Bond Claim Rights
Mechanic's lien and bond claims may be assigned from one party another. However, whether assignment rights are available will vary by state and...
503(b)(9) Claims Are No Match for UCC Filings
503(b)(9) claims are no match for UCC filings! In bankruptcy, a properly perfected security interest, in compliance with UCC Article 9, has priority...
EC: Supplying Rental Equipment to a Construction Project
In this NCS Extra Credit installment, Clare Wilson (Notice & Lien Specialist) reviews how to secure your mechanic's lien rights when supplying rental...
EC: The Importance of Complying with Article 9
In this NCS Extra Credit installment, Marla Zurlo (Senior Account Representative) discusses the importance of complying with Article 9.