Bellaire Bankruptcy & Debt Lawyer, Texas

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Vicky Fealy
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The Fealy Law Firm, P.C.
1235 North Loop West Suite 1005 Houston, TX 77008 » view map
Bankruptcy, Judgments, & Foreclosures
Houtson Bankruptcy Lawyers

Helping clients take control of their finances, for more that years. Board Certified in Consumer Bankruptcy by the Texas Board of Legal Specialization.

800-810-9591
1. Vicky Fealy Houston, TX
  Attorney At Law - Texas, 1991
  University of Houston Law Center, J.D.
2. Frequently Asked Questions
  Bankruptcy Frequently Asked Questions
3. Contact UsEmail or Call 24/7
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Marc J. Magids

✓ VERIFIED

Bankruptcy & Debt, Estate, Business

Marc J. Magids is Of Counsel with De Lange Hudspeth. For more than 30 years Marc was associated with Zukowski, Bresenhan & Piazza LLP. Marc is a proud... (more)

CONTACT

713-871-2000

1177 West Loop South, Houston, TX 77027

Nhan Huynh Nguyen

Accident & Injury, Elder Law, Banking & Finance, Credit & Debt

Nhan Nguyen, MD, JD, MSF has been serving injured clients for over 13 years. With extensive knowledge of both law, medicine and business finance, lead... (more)

CONTACT

713-840-7200

2500 West Loop S, Houston, TX 77027

Brett Michael Hill

✓ VERIFIED

Accident & Injury, Personal Injury, Business & Trade, Consumer Bankruptcy

Brett Hill is an attorney based in Houston, Texas representing clients in a variety of cases. While dedicating himself to the academic rigors required... (more)

FREE CONSULTATION

CONTACT

512-842-6593

636 Hawthorne St., Houston, TX 77006

Colleen McClure

✓ VERIFIED

Juvenile Law, Estate Planning, Bankruptcy, Construction, Personal Injury

I am a Christian Attorney diligently working to take care of my client's cases that have been entrusted to me. At my office the client always comes ... (more)

FREE CONSULTATION

CONTACT

800-796-8960

1400 Lubbock St, Houston, TX 77002

Jeffrey A. Shadwick

Banking & Finance, Corporate, Bankruptcy, Litigation

Status: In Good Standing

CONTACT

3900 Essex Lane, Houston, TX 77027

Marc Douglas Myers

Family Law, Corporate, Personal Injury, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

3120 Southwest Freeway, Houston, TX 77098

M. Kevin Powers

Bed Bug, Bankruptcy Litigation, Collection, Commercial Real Estate

Status: In Good Standing

FREE CONSULTATION

CONTACT

2323 S. Shepherd Drive, Houston, TX 77019

Paul J. McConnell

Real Estate, Lending, Foreclosure, Bankruptcy & Debt, Insurance Malpractice

Status: In Good Standing Licensed: 51 Years

CONTACT

1177 West Loop S, Houston, TX 77027

Richard L. Petronella

Commercial Real Estate, Construction, Real Estate, Collection

Status: In Good Standing Licensed: 54 Years

CONTACT

2421 Tangley St, Houston, TX 77005

David Aaron DeSoto

Mediation, Arbitration, Consumer Protection, Collection, Bankruptcy Litigation

Status: In Good Standing Licensed: 30 Years

CONTACT

3104 Edloe Street, Houston, TX 77027

800-923-0641

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LEGAL TERMS

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.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

NONPROFIT CORPORATION

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or f... (more...)

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or for some public purpose (such as a hospital, environmental organization or literary society). Nonprofit corporations, despite the name, can make a profit, but the business cannot be designed primarily for profit-making purposes, and the profits must be used for the benefit of the organization or purpose the corporation was created to help. When a nonprofit corporation dissolves, any remaining assets must be distributed to another nonprofit, not to board members. As with for-profit corporations, directors of nonprofit corporations are normally shielded from personal liability for the organization's debts. Some nonprofit corporations qualify for a federal tax exemption under _ 501(c)(3) of the Internal Revenue Code, with the result that contributions to the nonprofit are tax deductible by their donors.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

Bellaire Bankruptcy & Debt Lawyer, Texas

Sponsored Law Firm

The Fealy Law Firm, P.C.

SPONSORED LAWYERS

Marc J. Magids

Nhan Huynh Nguyen

Brett Michael Hill

Colleen McClure

Jeffrey A. Shadwick

Marc Douglas Myers

M. Kevin Powers

Paul J. McConnell

Richard L. Petronella

David Aaron DeSoto

TIPS

LEGAL TERMS

S CORPORATION

BANKRUPTCY TRUSTEE

IRS EXPENSES

NONPROFIT CORPORATION

DEFINED CONTRIBUTION PLAN

INTEREST

TRADE DRESS

NONDISCHARGEABLE DEBTS

CREDITOR

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