Freezing Assets
- Derek Cook
- Jul 12
- 1 min read
They owe you six figures. But the trucks are gone. The office is locked. And the bank account? Emptied overnight.
That’s what happens when service companies wait too long to act. In the West Texas oilfield, cash dries up fast—and operators in trouble don’t send warnings. They vanish.
In commercial debt collection, speed isn’t a luxury—it’s survival. If you want to get paid, you have to move first.
Here’s how we freeze assets before they disappear:
Get the contract.
Gather all invoices.
Verify the legal entity.
Search county real property records.
File a statutory lien immediately.
Serve lien to all interested parties.
Run UCC searches for priorities.
Look for affiliated entities.
Monitor known bank activity.
Request a temporary restraining order.
Ask the court to freeze accounts.
Seek a prejudgment writ of garnishment.
Target receivables before they’re moved.
Move before they restructure or declare bankruptcy.
In oilfield disputes, delay is costly. Act fast or get nothing.
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