Arlington Reorganization 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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O. Frank Sommerville

International Tax, Reorganization, Tax, Bankruptcy

Status: In Good Standing

CONTACT

3030 Matlock Road, Arlington, TX 76015

Jon Nelson

Contract, Reorganization, Personal Injury, Employee Rights

Status: In Good Standing

CONTACT

1400 W. Abram Street, Arlington, TX 76013

Blake L. Berryman

Reorganization, Bankruptcy

Status: In Good Standing

CONTACT

777 Main Street, Fort Worth, TX 76102

John Walter Crumley

International Other, Estate Planning, Reorganization

Status: In Good Standing Licensed: 54 Years

CONTACT

2721 Riverwood Trail, Aledo, TX 76109

Jeanne Scott Duke

Estate Planning, Civil Rights, Business, Reorganization

Status: In Good Standing

CONTACT

4150 International Plaza, Fort Worth, TX 76109

Terry Michelle Burks

Reorganization, Garnishment, Collection, Credit & Debt

Status: In Good Standing

CONTACT

6300 Ridglea Place, Fort Worth, TX 76116

James G. Vetter

Business Organization, Estate Planning, Securities, Reorganization

Status: In Good Standing

CONTACT

901 Main St, Dallas, TX 75202

Kelly April Latta

Employee Rights, White Collar Crime, Insurance, Reorganization, International Tax

Status: In Good Standing Licensed: 12 Years

CONTACT

2727 N Harwood St, Dallas, TX 75201

Richard Scott Cohen

Employee Rights, White Collar Crime, Insurance, Reorganization, International Tax

Status: In Good Standing

CONTACT

2727 N Harwood St, Dallas, TX 75201

David Henry Herrold

Litigation, Corporate, Business Organization, Reorganization

Status: In Good Standing

CONTACT

1201 Elm St, Dallas, TX 75270

800-923-0641

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LEGAL TERMS

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

LOSS DAMAGE WAIVER (LDW)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it ofte... (more...)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it often duplicates coverage provided by the renter's regular car insurance and/or the credit card she uses to rent the car. Nevertheless, hard-sell practices by rental car agents often dupe people into buying LDWs they don't really need. LDW is also called 'collision damage waiver.'

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

FCBA

See Fair Credit Billing Act.

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.

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.

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

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Arlington Reorganization Lawyer, Texas

Sponsored Law Firm

Machi & Associates, P.C.

SPONSORED LAWYERS

O. Frank Sommerville

Jon Nelson

Blake L. Berryman

John Walter Crumley

Jeanne Scott Duke

Terry Michelle Burks

James G. Vetter

Kelly April Latta

Richard Scott Cohen

David Henry Herrold

TIPS

LEGAL TERMS

CHAPTER 13 PLAN

PREFERENCE

FRATERNAL BENEFIT SOCIETY BENEFITS

LOSS DAMAGE WAIVER (LDW)

401(K) PLAN

FCBA

S CORPORATION

DISPOSABLE INCOME

GENERAL PARTNER

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