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Credit Management: Why Aren’t More Accounts Receivable Secured?

By on May 8, 2013

A while ago, I posed a question over at the Construction Credit Professionals Linked in group: “Why Doesn’t Everybody Secure the Debts Owed to Them?” With the variety of ways to secure outstanding debt, and new technology making it easier for any type of business to gain that security, it seems to me that the [...]

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Saudi Arabia Revisited: The Pledge & How To Get Paid

By on April 17, 2013

Yesterday, Elliot posted an informative overview of the Saudi Arabian sharia law concept of a “pledge” to secure a debt, and how it compares to lien rights in the United States. As long as certain requirements are met, a “rahn” or “pledge” over certain property provides security to a creditor. There are significant differences, however, [...]

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Collections Policy: How Other Security Can Help Collections Policy

By on April 16, 2013

  I find myself writing about policy a lot on Lien Blog. Today’s discussion is about collections policy. Collections policy is the last moving part when it comes to credit policy. Overview of Collections Policy If all goes as planned then there will never be a need to implement a collections policy because your company [...]

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Construction Lien Blog Now The Lien Blog

By on June 18, 2012

When naming this blog quite some years ago, I was a little conflicted.  The common term for lien instruments filed in the construction industry was “mechanics lien,” but that also referred to the liens filed by auto mechanics. Construction lien was the most descriptive term, but no one in the industry really uses it, and [...]

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How Security Instruments Can Help Your Collections Procedures

By on June 14, 2012

This blog post focuses on how you might be qualified to use security instruments to protect your company’s debts and receivables. As you will see, if a security instrument is available you, it will increase the chance that you’ll get paid. What Is A Security Instrument And How Can It Help? Wikipedia’s entry for “security [...]

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