Reports have speculated that the Tynecastle club could be on the brink of disaster following the collapse of club owner Vladimir Romanov's former bank, Ukio Bankas, in Lithuania.
Bankruptcy practitioners could call in £15million of the £25million total debt owed by the Edinburgh outfit and that would see them enter administration.
Locke is trying to focus on the football matters he controls but admits he may put in a call to Ibrox figurehead McCoist after he was praised for holding the fallen Glasgow club together following their demise into liquidation.
Locke said: "Yeah, I could be spending a bit of time with Ally in the summer. I might phone him for a bit of advice.
"Hopefully that is not the case. We are certainly moving in the right direction in terms of the wages which are now sustainable.
"I speak regularly to a lot of managers and coaches that I respect. But I'm hoping it doesn't come to that. I'm hoping we can look positively to the future."
- Vladimir Romanov
- Ukio Bankas