Gary Quinnett, Attorney
10005 N May Ave, Suite 120, Oklahoma City, OK 73120

Phone: (405) 607-2266 | Fax: 1-866-728-0676
Email: gary@gq-law.com

Suppose an unsecured debtor doesn’t pay. What’s next?

A savvy creditor should understand the nature and availability of remedies if a debtor defaults. Such knowledge is especially important to unsecured creditors, since the options upon default are relatively few and frequently unsatisfactory-why? More often than not, the only remedy available to the unsecured creditor is to file a lawsuit, proceed to judgment (an [...]

2021-11-21T12:56:44+00:00November 14th, 2010|Collections|Comments Off on Suppose an unsecured debtor doesn’t pay. What’s next?

Corporate records

When you organize your business as a corporation, there are certain record keeping requirements you must adhere to.

2021-11-21T12:56:35+00:00October 21st, 2010|Business entities|Comments Off on Corporate records

Components of a good contract

Business-to-business agreements should be in writing (personal agreements with friends and relatives also fall in the "put it in writing" category). If the contract touches a matter of any significance at all, then best to include all these components: The Parties Description of the goods or services to be procured Delivery/Performance Price and Payment Length [...]

2010-11-14T23:15:58+00:00October 16th, 2010|Contracts|0 Comments

Put Your Agreements In Writing

Business-to-business agreements should be in writing (personal agreements with friends and relatives also fall in the "put it in writing" category). If the contract touches a matter of any significance at all, then best to include all these components: The Parties Description of the goods or services to be procured Delivery/Performance Price and Payment Length [...]

2016-07-16T02:30:03+00:00October 11th, 2010|Contracts|Comments Off on Put Your Agreements In Writing

What Do Most Troubled Companies Have In Common?

According to George Cloutier, most troubled companies "...have not implemented strong financial reporting. Small businesses fail to focus on the basics - doing your P.& L.'s [profit and loss statements] and paying attention to cash flow." Read the entire article from this consultant at NY Times

2010-10-22T22:53:55+00:00July 15th, 2010|Collections|0 Comments

A Deal Is A Deal

I have conversations with the indebted, (i.e. businesses and persons that are in default on a financial obligation) on a daily basis. They welched on a deal, and are often looking for a way out. Call me old fashioned (or naïve), but when you enter into an agreement and the other party has lived up [...]

2010-10-22T22:54:43+00:00April 19th, 2010|Contracts|Comments Off on A Deal Is A Deal
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