Haltom City Collection Lawyer, Texas

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Ted Machi
About | Practice Areas
Machi & Associates, P.C.
1521 North Cooper Street Suite 550 Arlington, TX 76011» view map
Accident & Injury, Bankruptcy, Social Secuirty
We Fight So You Don't Have To

Our professional team of attorneys and staff provide the experience and expertise needed to effectively handle your case.

800-804-0771
1. Ted Machi Arlington, TX
  Attorney at Law- TX
  Marquette University Law School, JD 1976
2. AboutMachi & Associates, P.C.
  We Fight So You Don't Have To
3. Practice AreasExpertise
  Accident & Injury Law
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S. Aaron Holland

Bankruptcy, Corporate, Collection, Litigation

Status: In Good Standing

CONTACT

309 West 7th Street, Fort Worth, TX 76102

Diana S. Weitzel

Adoption, Alimony & Spousal Support, Child Support, Collection

Status: In Good Standing

FREE CONSULTATION

CONTACT

2009 East Lamar Blvd., Arlington, TX 76006

Pamela L. Wilder

Adoption, Alimony & Spousal Support, Child Support, Collection

Status: In Good Standing

FREE CONSULTATION

CONTACT

2009 East Lamar Blvd., Arlington, TX 76006

Mark Harden

Contract, Collection, Wrongful Death, Consumer Protection

Status: In Good Standing

CONTACT

201 Main Street, Fort Worth, TX 76102

Marvin Champlin

Contract, Litigation, Collection, Trusts

Status: In Good Standing

CONTACT

550 Bailey Ave., Fort Worth, TX 76107

Jeffrey Raymond Mccombs

Family Law, Elder Law, Business, Collection

Status: In Good Standing

CONTACT

3603 West Pioneer Parkway, Arlington, TX 76013

Terry Michelle Burks

Reorganization, Garnishment, Collection, Credit & Debt

Status: In Good Standing

CONTACT

6300 Ridglea Place, Fort Worth, TX 76116

800-923-0641

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LEGAL TERMS

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

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Haltom City Collection Lawyer, Texas

Sponsored Law Firm

Machi & Associates, P.C.

SPONSORED LAWYERS

S. Aaron Holland

Diana S. Weitzel

Pamela L. Wilder

Mark Harden

Marvin Champlin

Jeffrey Raymond Mccombs

Terry Michelle Burks

TIPS

LEGAL TERMS

MEETING OF CREDITORS

TOXIC TORT

S CORPORATION

BANKRUPTCY TRUSTEE

SETOFF

DISPOSABLE INCOME

CREDITOR

C CORPORATION

FORBEARANCE

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