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

Does a Revocable Living Trust Protect your Assets?

Suppose that you plan to get re-married, and in order to keep your assets separate from your significant other you set up a revocable living trust, naming yourself as trustee and sole beneficiary. Three years later, a neighbor trips on your door step, breaks his leg, and wins a lawsuit against you. Can the neighbor [...]

By |2021-11-21T12:56:57+00:00March 18th, 2011|Collections|Comments Off on Does a Revocable Living Trust Protect your Assets?

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 [...]

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

The Word On The Streets

In the last six months, I’ve repeatedly heard “we’ve never had a problem with bad debts until now.” Here are some tips: Be deliberate about your credit policy. Identify high-risk customers, and mitigate that risk wherever possible. Use up-front payments, personal guarantees, co-signors, accrued interest and liens. Start early. Amex sends me an electronic notice [...]

By |2010-10-22T22:46:26+00:00September 16th, 2009|Collections|0 Comments
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