SandRidge Energy, Inc. (fka SDOCQ)

[Smilin_B]

You are 100% incorrect.

Any "attorney" will NOT tell u to max out your credit cards if you are planning to file bankruptcy, in much the same way that any attorney will NOT tell you to pay off certain creditors and not others, when contemplating bankruptcy. If and when a bankruptcy filing is conducted (by anyone) a bankruptcy judge will conduct a substantial audit of the preceding months and in many cases, years worth of transactions prior to the filing being granted.

In the case of Sandridge Energy, their most recent drawdown of credit, was scrutinized by their lender and the lender would not have authorized a continued drawdown if there were risks of bankruptcy looming. Some things are just common sense. I wish more people had access in utilizing it.