Euless Bankruptcy & Debt 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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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

J. C. Bailey

Wills & Probate, Bankruptcy, Bankruptcy & Debt, Personal Injury

FREE CONSULTATION

CONTACT

1901 Airport Freeway, Bedford, TX 76021

Brandon Warren Weaver

Oil & Gas, Insurance, Credit & Debt, Personal Injury

Status: In Good Standing Licensed: 21 Years

CONTACT

800 N Industrial Blvd, Euless, TX 76039

Behrooz P. Vida

Tax, Consumer Protection, Civil & Human Rights, Bankruptcy

Status: In Good Standing

CONTACT

3000 Central Dr, Bedford, TX 76021

J. C. Bailey III

Bankruptcy & Debt, Criminal, Divorce & Family Law, Accident & Injury, Workers' Compensation

Status: In Good Standing

FREE CONSULTATION

CONTACT

1900 W. Airport Freeway, Bedford, TX 76021

J. C. Bailey

Wills & Probate, Bankruptcy, Bankruptcy & Debt, Personal Injury

Status: In Good Standing Licensed: 36 Years

CONTACT

1901 Airport Freeway, Bedford, TX 76021

Steven T. Polino

Litigation, Health Care Other, Family Law, Bankruptcy

Status: In Good Standing Licensed: 36 Years

CONTACT

3216 Prince Ct, Bedford, TX 76021

David William Roth

Litigation, Credit & Debt, Collection, Bankruptcy & Debt

Status: In Good Standing Licensed: 21 Years

CONTACT

2217 Harwood Road, Bedford, TX 76021

Carla Reed Vida

Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

3000 Central Dr, Bedford, TX 76021

800-923-0641

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LEGAL TERMS

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

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.

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.

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.

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.

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

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Euless Bankruptcy & Debt Lawyer, Texas

Sponsored Law Firm

Machi & Associates, P.C.

SPONSORED LAWYERS

Diana S. Weitzel

Pamela L. Wilder

J. C. Bailey

Brandon Warren Weaver

Behrooz P. Vida

J. C. Bailey III

J. C. Bailey

Steven T. Polino

David William Roth

Carla Reed Vida

TIPS

LEGAL TERMS

TRUTH IN LENDING ACT (TILA)

SETOFF

COLLECTION AGENCY

DEFINED CONTRIBUTION PLAN

PREFERENCE

HOUSEHOLDER

NUISANCE FEES

WINDING UP

PRESUMED ABUSE

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