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Category: 2016 Blog Posts

Avoid Consumer Creditor Harassment

Two major red flags to spot a scam when dealing with consumer creditor harassment: 1. A Debt Collector that is unable to validate a debt; Not just by phone or through email, but an actual paper copy of the bill. 2. Threatening to have a client thrown in jail or arrested for check fraud. Vidrine […]

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Oilfield Declines Does Not Mean You Have to Lose Your Assets

Since the decline in the oil field over the last several months those service companies that are highly leveraged will experience financial problems.  It is very important that you discuss the issues with a knowledgeable bankruptcy attorney before it is too late. Companies will do whatever necessary to stay afloat during these difficult times including […]

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Oilfield slowdowns and Financial Hardships

During oil field slowdowns many businesses will face financial hardships.   Banks,  who were your best friend when the money was rolling in all of a sudden become your worst enemy.  The banks will take your receivables and foreclose on your assets that you need to remain in business.   Businesses can file for Chapter 11 under […]

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Tough Times – Bankruptcy Can Help

With the fall of oil prices and the layoffs in the oilfield times are going to get tuff. Many are under the impression that credit cards cannot be discharged, meaning that you will no longer owe the credit card debt,  since the Bankruptcy laws were changed in 2006.  This is not true.  A chapter 7 […]

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