Imagine extending a $500,000 loan, getting a signed security agreement, filing your UCC-1, and even recording a deed of trust on real property. You did everything right. And then a court hands every dollar to the other creditor anyway.
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Are Your Consigned Goods Protected in a Retail Bankruptcy? Picture this: a retail partner you have supplied to for years files for Chapter 11. You...
Lien Index Dips 7% to 51 from Revised Q4 Score of 55, Holding Above Neutral How to Read the Lien Index The NCS Credit Lien Index measures trends in...
March is for brackets. So this year, we decided credit strategy deserved one too.
Conditional lien waivers protect your rights until payment is received and cleared. Unconditional lien waivers release your rights as soon as you...
What's Happening with Rising Business Defaults If you extend credit to other businesses, the economic landscape right now is worth paying attention...
Let’s Talk Mechanic’s Lien Rights in Canada Over the last few years, several provinces in Canada have modernized or proposed amendments to their...
Canadian Construction Project Types If you are furnishing to a construction project in Canada, you follow steps to secure mechanic’s lien or bond...
In 1935, the federal government created the Miller Act statute, requiring prime contractors to obtain a payment bond on any United States Government...
