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NCS Lien Index 2022 Q1
Starts Jun 14, 2022 | 01:00 PM
Pandemics and natural disasters create challenging business situations. Opportunities to assist in the re-building are plentiful, however, these opportunities can be accompanied by significant risk. Attend this webinar to learn …
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Starts Jun 28, 2022 | 01:00 PM
What do you do if your customer files bankruptcy or defaults on payment? Article 9 of the UCC defines “equipment” as goods used or bought for primary use in business. …
Starts Jul 12, 2022 | 01:00 PM
Do you know how to properly list your debtor’s name on a UCC filing? While it may seem straightforward, one small misstep can jeopardize your position as a secured party. …
Starts Aug 9, 2022 | 01:00 PM
Frustrated by letters and lawsuits from bankruptcy trustees wanting you to return payments made by customers that still owe you money? By understanding the basics of preference actions and defenses, …
Starts Aug 23, 2022 | 01:00 PM
Securing collateral across North America? UCC and PPSA filings secure collateral in agreement with your customer’s promise to pay. Understanding the differences and similarities in secured transactions in the United …
Starts Sep 13, 2022 | 01:00 PM
There are unique challenges as a creditor in the Foodservice, Hospitality, and Beverage industries. It is estimated that up to 25% of restaurants may close permanently due to the pandemic. …
Starts Oct 4, 2022 | 01:00 PM
Worried about customers filing bankruptcy? Concerned about extending credit to marginal accounts? UCC filings secure collateral in agreement with your customer’s promise to pay.
Starts Nov 1, 2022 | 01:00 PM
This in-depth look at the UCC process is an opportunity to build on the information covered in our “Basics of the UCC Process” webinar, or for those with a working …
Starts Nov 15, 2022 | 01:00 PM
Are you incorporating UCC filings into your business practices? Are you afraid of your customer’s reaction? One of the most important steps you can take to minimize risk and increase …
In this NCS Extra Credit installment, NCS President Mary Cowan focuses on the upcoming UCC Article 9 Amendment Changes scheduled for 2013.
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In this NCS Extra Credit installment, NCS Collection Services Group Manager Amy Poje discusses how to best utilize the PMSI UCC filing to get paid.
In this NCS Extra Credit installment, UCC Specialist Rachel Bowden discusses the differences between a blanket UCC filing, PMSI in inventory, and equipment.
In this NCS Extra Credit installment, UCC Account Representative Nikki Wilson discusses how a consigner can protect their consigned goods.
In this NCS Extra Credit installment, Paralegal / Client Account Manager Danielle Moon discusses “Attorney Collection Costs” with Account Representative Adrian Segedy
In this special NCS Extra Credit installment, Executive Sales and Education Services Manager Jerry Bailey discusses the benefits of implementing a UCC program with David Feigenbaum, Director – Corporate Credit …
By MaryB. Cowan, President NCS, in collaboration with: Professor Margit Livingston, DePaul University College of Law As all secured creditors know, maintaining perfection of their security interests is essential to …
In this NCS Extra Credit installment, the UCC Services Group’s Diane Hlavac and Senior Account Representative Adrian Segedy discuss Corporate Monitoring.
Infographic: Article 9 – 2010 Amendments: a Look Back at the Changes that Went into Effect in 2013
There are risks associated with extending credit to a customer, and as diligent credit professionals, you take steps to mitigate that risk. Often times, you begin by reviewing your customer’s …
In this NCS Extra Credit installment, Danielle Moon (Collection Services Group) and Jerry Bailey (Executive Sales and Education Services Manager) discuss the proof of claim ABCs.
In this NCS Extra Credit installment, Shannon Dooley (UCC Services Group) and Jerry Bailey (Executive Sales and Education Services Manager) discuss taking a secured interest in Canada.
Article 9 of the Uniform Commercial Code provides an opportunity for trade creditors to secure their goods and/or accounts receivable, by leveraging the personal property assets of their customers. Take …
Author, Peter Mills, Special Counsel at Thomson Geer Lawyers Many creditors (often being sellers or consignors of goods) register a UCC-1 Financing Statement under U.C.C. Article 9 (called “Article 9”) …
When filing a UCC, it is imperative to correctly identify your debtor. If your debtor is an individual and/or sole proprietor, ensure your debtor’s name is listed correctly on the …
What is the actual cost of a write off? It is important to understand the costs associated with a write off. It’s not as simple as “We wrote off $50,000 …
Determining whether or not an unsecured collection is collectable can be frustrating. And although unsecured collections can be difficult to collect, all hope is not lost!
Understanding demand letters and their place in the UCC and mechanic’s lien processes (Plus FREE demand letter sample!) Demand letters can expedite payment, allow you to maintain control of …
It’s important to always provide backup documentation for your claims!
There are primarily two types of secured transactions under Article 9 of the Uniform Commercial Code (UCC): Blanket Filing and Purchase Money Security Interest (PMSI) Filing.
The U.S.’s Article 9 of the Uniform Commercial Code (UCC) and Canada’s Personal Property Security Act (PPSA) are sets of law that govern commercial transactions between states or provinces. Take …
Wonder when a demand letter may come in handy? How about, what information should be included? Check out this infographic for more info!
Extending credit is inherently risky, which is why credit professionals take appropriate steps to qualify customers. Credit professionals should not overlook the immense value of a properly perfected UCC filing. …
Did you know you could boost sales by implementing a UCC process? Check out the competitive advantage of UCC filings!
Consignment is not just for finding bargains around town! Check out this infographic to learn more about a Consignment Filing and how it works!
A properly perfected UCC is not a guarantee. There are no guarantees in life – well, that’s not true. There are two guarantees: death & taxes. However a properly perfected …
Every day, credit professionals across all industries review and assess risk. That’s what we do – we are “Risk Assessors” – like some kind of super hero, with special powers …
Yay, you are a secured creditor! Now you need to file the proof of claim… tread carefully!
Did you know you can secure your receivables in Mexico? It’s not the UCC or the PPSA, it’s the RUG! Learn more here
Confused about the UCC-1, UCC-3 & UCC-11 forms? Then you should check out this infographic for a primer on the primary UCC forms!
In this NCS Extra Credit installment, Shannon Dooley (NCS Collection Liaison) and Jerry Bailey (Executive Sales and Education Services Manager) discuss contingent collection vs. writing off bad debt.
The proper spelling of a debtor’s name on a UCC Financing Statement is a fervently litigated issue. The UCC Article 9 registry system is designed to permit creditors to make …
Did you know that credit professionals still rely on Wikipedia to determine their mechanic’s lien/bond claim deadlines, the steps for filing a UCC-1 and even for best practices on collecting …
In this NCS Extra Credit installment, Amy Poje (Manager Construction and Collection Services Groups) and Jerry Bailey (Executive Sales and Education Services Manager) discuss utilizing the PMSI UCC to get …
We recognize that keeping track of debtor name changes can be challenging, but it is worth the effort: loss of a perfected status is a prospect that no secured party …
In this NCS Extra Credit installment, Danielle Moon (Client Account Manager) and Jerry Bailey (Executive Sales and Education Services Manager) discuss attorney collection costs.
You filed a UCC and now your customer is selling their business. What does the sale of this business mean for your UCC filing? Check out this infographic to learn …
Take a look at this infographic to learn more about Fixture Filings including an explanation of what a fixture filing is and how it can benefit you!
In this NCS Extra Credit installment, Pete Pozzuto (Business Development Representative) discusses selecting the correct UCC filing.
In this NCS Extra Credit installment, Pete Pozzuto (Business Development Representative) discusses selecting Proof of Delivery & Bills of Lading.
Your customer has defaulted on payment… fortunately you filed a UCC. Now what should you do? Review this infographic to learn more!
In this NCS Extra Credit installment, Pete Pozzuto (Business Development Representative) discusses Standby Letters of Credit.
Article 9 of the Uniform Commercial Code provides an opportunity for trade creditors, like you, to secure your goods by utilizing the personal property assets of your customer. Click here …
The restaurant, beverage and hospitality industries are massive. The National Restaurant Association projected that commercial restaurant services sales would reach $783 billion by the end of 2016, which is about …
In a sampling of recent bankruptcy cases, NCS’ UCC Services Group found that unsecured creditors received, on average, 9.3 cents on the dollar compared to secured creditors being paid 96 …
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