Rent it, don’t steal it.
A different Texas debt collection scenario. One of our clients is an equipment rental company. They rented a backhoe to the defendant, a small construction company. The defendant paid rent for a few weeks and then alleged that the backhoe had been stolen. Of course, the rental agreement placed all responsibility for its theft on […]
Watch out for the Girlfriend
Sometimes, truth is stranger than fiction in the debt collections business in Texas. We went to trial on Valentine’s Day. We represent a company I will just call Plaintiff. They are in the business of selling produce and related products to restaurants in the D/FW area. There is a guy in town that is known […]
A TRO for All Seasons
A Temporary Restraining Order can be used to buy time in tricky business situations. When the client walked in the door, here was his situation: 1. He owned a building that was under contract to sell for $2.4 Million, but he was behind in his payments on the $1.3 Million mortgage and so the bank […]
An Old Lady Loses Everything
In Texas, lawyers can obtain Temporary Restraining Orders to preserve a debtor’s collateral. When the client first walked in the door, I could not believe the story, but it was all true. The client owned a medium-sized and successful company in Dallas that employed about 50 people. The client also owned the building that the […]
Magic Letterhead
Collecting debt in Texas can sometimes be done with nothing more than a good lawyer’s letterhead. The client sold a large industrial sized printer to a customer that was in the direct mail business. The invoice (which approached six figures) was due in 30 days but when we met with the client the customer was […]