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NCS Insights for Credit Management in 2021

Bankruptcy Climate of 2020, Predictions for 2021, and What You Need to Do to Ensure Your Company is a Secured Creditor
Blog

Serve Your Pennsylvania Mechanic’s Lien as Statute Dictates

Pennsylvania takes mechanic's liens statutes seriously. Learn how seriously when you read today's post about one creditor's costly mistake.
Blog

Wisconsin Construction Project for HARIBO Group

If you are contracted to perform work or supply materials to this delightful factory, don’t forget to secure your mechanic’s lien rights.
Blog

Shopping Malls Suffer Trickle-Up Effects of Retail Bankruptcies

Retail bankruptcies are on the rise and the impacts aren’t limited to suppliers of inventory and the retail employees. Who else is in danger?
Blog

The Path to BioFuel is Paved with Mechanic’s Liens

Over $15M in mechanic’s liens filed in 2020, $4.5M were filed between July and September 2020, construction and unpaid claims continue.
Blog

Georgia Lien Waivers: Changes Coming 2021

You may have heard there are changes coming to Georgia lien waivers. In today's post we'll review the key changes & what you should know.
Blog

$145M Waterfront Redevelopment, $5.7M in Mechanic’s Liens

A destination waterfront redevelopment with apartments, stores, restaurants, office space, and a few million dollars in mechanic’s liens.
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Notice to Commence Suit

You Received a Notice to Commence Suit, Now What?

You filed a mechanic's lien and then got a Notice to Commence Suit. What is it? Should you ignore it? Should you act? We've got the answer.
Blog

Your UCC Filing and Repossession: Do Not Breach the Peace or the Pizza

Can you afford the risk if one of your customers defaults? What if 5 of your customers default? Don’t get burnt – get the dough! File a UCC.
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Oceanwide Plaza in Los Angeles Buried in Mechanic’s Liens

A GC is owed over $200M, and various subcontractors are owed an additional $2.5M, after furnishing to a project owned by Oceanwide Plaza LLC.
Blog

Equipment UCC Filings Best Practices

Selling equipment? You should consider protecting your receivable with a Purchase Money Security Interest (PMSI) filing. Here's why!
Blog
gym equipment

Out of Shape? The ’24 Hour Fitness’ Financial Failure

24 Hour Fitness bankruptcy isn't a surprise, but it does make the filing of mechanic’s liens extremely important.