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NCS Credit Lien Index 2022 Q4

kalford January 16, 2023

NCS Credit Lien Index 2022 Q4

The Lien Index increased 3 points in Q4 2022 to 47, a 7% increase over Q3 2022 and 34% increase year over year. The driving force behind the rise in mechanic's lien activity came from the South, where activity increased by 15%. The  West also contributed to the overall increase in lien activity; though, its lien activity increased at a more moderate rate of 3%. The Midwest saw a 5% decrease in activity and the Northeast had a dramatic dip of 9%. Throughout the last year, economists warned of the toll of high interest rates and possibility of recession, and we are now beginning to see significant signs of slowdown ahead. Download the full report for details.

 

Healthcare Bankruptcies Are Rising: A Risk to Suppliers

Healthcare bankruptcies are up 300%+ since 2010. See what unsecured creditors really recover — and how a UCC filing changes the outcome. Free download.

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Full vs. Unpaid Balance Lien States Explained

Learn how full price and unpaid balance lien states affect your mechanic's lien rights as a subcontractor or supplier - and how to protect them.

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Mechanic's Lien Recovery by State: Full Balance vs. Unpaid Balance

Download this resource to see which states are full pay vs. unpaid balance lien states, and learn why timing your mechanic's lien filing matters.

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