Suppliers have widely used credit insurance to protect their accounts receivable, but credit insurance companies are cutting coverage and slashing policies to maintain their own bottom lines. While insurance companies deliver crippling blows to businesses’ financial security, credit departments have been carefully reevaluating risk mitigation strategies, and it’s brought UCC filings into renewed focus.
Serve Preliminary Notices via Certified Mail
We always recommends serving preliminary notices via certified mail with return receipt requested. The additional cost to add “return receipt” is significantly less than potential court costs & time...
NetNow Partners with NCS Credit
NetNow and NCS Credit launch an integration that brings notice, waiver, and lien tools into one platform to improve efficiency and protect payment rights.
What Is a Bankruptcy Proof of Claim?
Learn about bankruptcy proof of claim, its importance, and filing process.