Paramont EO’s Director of Accounts Receivable, Norm Cowie (CCE), is a regular contributor to the National Association of Credit Management (NACM) organization and writes a column called “Illinois Construction Stuff and Stuff” for their periodical. As an author and active member of the group, Norm has helped formulate and re-write Illinois lien laws and networks […]
Help with Credit Click on any item below to learn more Understanding Escrow Accounts The purpose of escrow accounts is to establish credit for a homeowner or builder for a single project where payment to Paramont EO/Crest Lighting will be made directly by a third party escrow agency. This agency may be a title company, […]
Quoted from the National Association of Credit Management News Feed on 2/11/16 “Reaction to the Illinois mechanic’s lien statute changes that enable any party with a stake in the real estate tied to a project to substitute surety bonds for mechanic’s liens continues to draw mixed reviews. Attorneys including Kori Banzanos, Esq., supported the changes, […]
“What is it?” Grog asked. Bonk grinned, “I call it a ‘wheel.” Then he rolled the big rock over the other caveman’s foot by mistake. “Ow, ow, ow!” Grog cried, jumping up and down. When the pain receded, he looked at the rock with interest. “Hey, can I buy that off you?” Bonk blinked. He […]
