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Weldon Allman
About | Practice Areas
Allmand Law Firm
4849 Greenville Ave Ste 230 Dallas, TX 75206Â» view map
Bankruptcy
Helping Good People Get a Fresh Start

At Allmand Law Firm, PLLC, our goal is to help each of our clients pursue a fresh start and the second chance they need to start again.

800-828-7421
1. Weldon Allman Dallas, TX
  Attorney at Law - TX, 2000
  Texas Wesleyan University J.D. 2000
2. AboutAllmand Law Firm
  Our team has more than two decades of experience.
3. Practice AreasExpertise
  Bankruptcy
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Timothy James Vineyard (Tim)

Workout, Lending

Status: In Good Standing Licensed: 53 Years

CONTACT

5057 Keller Springs Rd, Addison, TX 75001

Charles R. Gibbs

Litigation, Workout, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 47 Years

CONTACT

2501 N Harwood St, Dallas, TX 75201

Vickie L. Driver

Workout, Reorganization, Commercial Bankruptcy, Bankruptcy

Status: In Good Standing Licensed: 24 Years

CONTACT

2100 Ross Avenue, Dallas, TX 75201

Christopher Matthew Adams

Business, Workout

Status: In Good Standing Licensed: 10 Years

CONTACT

1445 Ross Avenue, Dallas, TX 75202

Zachary Dain Lanier

Merger & Acquisition, Workout, Collection, Bankruptcy

Status: In Good Standing Licensed: 8 Years

CONTACT

2300 N Field Street, Dallas, TX 75201

Justin Murphy Stone

Lending, Banking & Finance, Workout, Credit & Debt

Status: In Good Standing

CONTACT

2323 Ross Ave, Dallas, TX 75201

Christopher Cade Adams

Aviation, Industry Specialties, Business, Workout

Status: In Good Standing Licensed: 23 Years

CONTACT

5932 Brookhaven Dr, Plano, TX 75093

Gavin Fearey

Civil Rights, Business, Workout

Status: In Good Standing Licensed: 25 Years

CONTACT

950 East Highway 114, Southlake, TX 76092

800-923-0641

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LEGAL TERMS

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

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.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

CCCS

See Consumer Credit Counseling Service.

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.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

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Dallas Workout Lawyer, Texas

Sponsored Law Firm

Allmand Law Firm

SPONSORED LAWYERS

Timothy James Vineyard (Tim)

Charles R. Gibbs

Vickie L. Driver

Christopher Matthew Adams

Zachary Dain Lanier

Justin Murphy Stone

Christopher Cade Adams

Gavin Fearey

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LEGAL TERMS

COLLECTION AGENCY

PREFERENCE

REAFFIRMATION

REPOSSESSION

CHAPTER 7 BANKRUPTCY

SUBROGATION

CCCS

FRATERNAL BENEFIT SOCIETY BENEFITS

LIMITED PARTNERSHIP

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