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Gambling with In-House Preliminary Notices

3 Reasons Why Sending In-House Preliminary Notices is a Gamble

Many small to medium sized businesses get into the habit of sending their own preliminary notices.  What starts out as a manageable task 3 – 5 times per month quickly turns into a full-time position as the company grows.  In many states, preliminary notices are vital to protecting your mechanics lien rights and sending them […]

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Collections: In-House or Outsource?

I’ve mentioned that a collection policy is an important part of a company’s overall credit management scheme. And, that a good collection policy, coupled with a thorough lien policy, may enable a business to generally avoid getting to the litigation portion of their credit policy. An integral part, and a good first step, of a collection […]

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Mechanics Liens: Corporate Lien Policy – Are You Prepared?

I get calls from clients all the time stating that they need to file a lien and they have no idea how to do so since they rarely need to. Every construction company big or small needs to have a Corporate Lien Policy. We have done numerous posts on this blog regarding Preliminary Notice policy. […]

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Preliminary Notices: It’s Smart To Outsource This Work

Over the past few days I’ve come across a number of companies sending their own preliminary notices – even large companies with a substantial volume of notices. While it’s understandable why keeping notices in-house is tempting, as we’ve explored on this blog in the past, it’s just smarter to outsource your preliminary notice work. Based […]

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Zlien v. NCS Credit – A Comparison

Preliminary Notice and mechanics lien compliance is a challenge for building material suppliers and subcontractors across the country. More than a legal compliance challenge this is a credit challenge. We’ve talked about credit challenges in the past on this blog. In fact, I would call it a general theme of this blog. We’ve discussed Credit […]

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Research Very Important When Sending Preliminary Notice

When sending preliminary notices, it’s important to have the right form and to follow all statutory requirements in your sending method. An often overlooked aspect of preparing a preliminary notice, however, is doing project research to make sure you’re sending the notice to the right people. This research and data verification is critical to sending […]

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Is Managing Preliminary Notices Worth Your Company’s Time?

Time is money. You’ve heard the phrase 10,000 times, and you probably think it’s true. Yet there are some companies out there still willing to fumble around with preliminary notices despite the time it takes, the in-house cost it carries and the risk of error. This became evident to me (again) last week when we […]

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Not Sending Preliminary Notices Is A Mistake That Can Murder Your Business By Tomorrow Afternoon

People usually don’t think much of preliminary notices. In some cases, they’re irrationally scared of sending them. In other cases, they simply don’t know they exist or fully understand them. In the construction world, however, preliminary notices are critically important and can be the difference between staying in business or shutting down shop. To explain […]

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Mistakes You’ll Likely Make When Sending Your Own Preliminary Notices

I was working with a company recently trying to sell our preliminary notice services to them.  They had complained that sending notices takes too long, and that they frequently have to do a lot of research to get down to the bottom of confusing projects (who is the owner?!?).  Ultimately, they decided to continue sending […]

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Do You Save Money When Sending Your Own Preliminary Notices?

Full disclosure: I’m very much in favor of preliminary notice outsourcing. But really, why wouldn’t I be? Typically, when I speak to potential clients, controllers, CFOs and the like, they fully understand the benefits of partnering with a company to deliver and manage their preliminary notices. Every now and again, however, we run into someone […]

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Why Your Secretary Can’t Handle Mechanics Lien Compliance

In consulting with companies around the nation about mechanic lien compliance, you’d be surprised how many companies (big and small) try to delegate their company’s mechanic lien compliance onto a secretary or office assistant. The thought is that this mechanic lien stuff is just paperwork, and that’s what the secretary or assistant is paid to […]

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