Latest updates
10/16/2009 3:35:00 PM
Important Changes in Pennsylvania Lien Laws
Pennsylvania Senate Bill 563 became effective October 10, 2009.
The new law provides that a waiver of lien rights may be filed, preventing liens from attaching to residential property. Previously, no-lien agreements were available only on residential projects with general contracts under $1 million. Now, a waiver of lien rights may be filed on any residential project, regardless of the contract value.
9/16/2009 3:24:00 PM
Connecticut Secretary of State Offers Online Filing
Effective September 2009 the Connecticut Secretary of State now offers online filing for ONLY original UCC Financing Statements. Along with this enhancement comes the doubling of filing fees. NCS UCC Services Group has partnered with the Connecticut Secretary of State as an online service provider.
9/16/2009 3:12:00 PM
Puerto Rico UCC Update
The Commonwealth of Puerto Rico Department of State is undergoing financial difficulties that have resulted in the reduction of their workforce. During this restructuring the filing of UCC documents has been delayed. There have been no UCC documents recorded since July 2009. The office continues to accept mailed documents by date stamped in order of receipt.
9/15/2009 3:21:00 PM
Georgia UCC Update 09/15/09
Effective September 15, 2009, The Georgia Cooperative Authority has begun transitioning to online filing. Currently this new service is only offered through three counties – Fayette, Barrow and Coweta with NCS UCC Services Group as a pilot partner.
Under the current system, a secured party need only file in one county to receive statewide notification of his lien position. This continues to be true for original UCC filings, but any UCC Amendment filings must be recorded in the county where the original filing was made. Historically, prior to 1995, it was necessary to file in all 159 Georgia counties to receive statewide notification. The central index provides secured parties with greater protection while saving them both time and money.
8/10/2009 2:30:00 PM
Efficient. Paperless. Secure.
Your documents will now be stored electronically in a secure central location, easily accessible 24/7 from anywhere, allowing you to work more efficiently.
» Virtual File Cabinet: You can easily access all completed documents with just a few clicks of your mouse.
» Efficient and Organized: Everyone with access to a contact’s portal can view the documents.
» Paperless Archiving: Documents do not need to be printed to maintain a copy.
» Easy Email Retrieval: The subject line of the notification email will now include your reference number and debtor name.
» Simple: The text of the email will describe the next action and time frame, along with any pertinent notes.
» Comprehensive Storage and Archiving: Other legal documentation (notices of commencement, payment bonds, etc.) and any written communication received in response to a provided service will be included in your document pool.
» Environmentally Friendly: Paperless records mean less waste while conserving resources.
6/15/2009 12:53:33 PM
Generation Renovation
Many of our customers are dealing with the realities of the economic recession: lower sales, reduced operating budgets, increased customer defaults, bankruptcies and layoffs. During these harsh times, NCS continues to stand as a steady partner with our clients' credit departments, ready to provide them with expert guidance and support to secure their tomorrow.
One way NCS is doing this is through Generation Renovation: A newly constructed notice to owner program featuring three generations of options—Attorney Notice, Premium Notice and Express Notice—based on your level of need. This program will officially roll out in July 2009. For more information on our upcoming new notice program, contact us at SecureYourTomorrow@ncscredit.com or 800-826-5256.
