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Benjamin Sanchez
About | Practice Areas
Sanchez Law Firm
150 W. Parker Rd. 3rd Floor Houston, TX 77076» view map
Real Estate
Excellence In Action

We advocate for our clients in and out of court. When you and the system meet head on, you need an attorney who is experienced, credible, and active.

800-785-3351
1. Benjamin Sanchez Houston, TX
  Attorney at Law - TX, 1998
  University of Houston J.D. 1997
2. AboutSanchez Law Firm
  Excellence In Action
3. Practice AreasExpertise
  Real Estate
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John Robert Jones

Bankruptcy & Debt, Credit & Debt, Intellectual Property, Bankruptcy

Status: In Good Standing Licensed: 34 Years

CONTACT

6026 Remson Hollow Lane, Katy, TX 77494

William Madison Colgin

Environmental Law Other, Insurance, Banking & Finance, Credit & Debt, Personal Injury

Status: In Good Standing Licensed: 28 Years

CONTACT

1117 Fm 359 Rd, Richmond, TX 77406

Shawn Christopher Johnston

Litigation, Family Law, Business & Trade, Credit & Debt

Status: In Good Standing Licensed: 10 Years

CONTACT

212 Jackson Street, Richmond, TX 77469

Stephanie J. Stigant

Commercial Real Estate, Wills, Business & Trade, Credit & Debt

Status: In Good Standing Licensed: 13 Years

CONTACT

407Julieriversdr, Sugar Land, TX 77478

Faisal R. Vellani

Health Care Other, Employee Rights, Banking & Finance, Credit & Debt

Status: In Good Standing Licensed: 14 Years

CONTACT

14090 Southwest Fwy, Sugar Land, TX 77478

Salmaan Ali Momin

International Other, Elder Law, Credit & Debt, Personal Injury

Status: In Good Standing Licensed: 14 Years

CONTACT

12750 S Kirkwood Rd, Stafford, TX 77477

Matthew Fraser Scholes

Commercial Real Estate, Litigation, Family Law, Credit & Debt

Status: In Good Standing Licensed: 17 Years

CONTACT

503 Fm 359 Rd, Richmond, TX 77406

Robert Daniel Franks

Construction, Litigation, Family Law, Credit & Debt

Status: In Good Standing Licensed: 20 Years

CONTACT

512 S 11Th Street, Richmond, TX 77469

Betsy Lynn Grubbs

Construction, Litigation, Business & Trade, Credit & Debt

Status: In Good Standing Licensed: 23 Years

CONTACT

14090 Southwest Fwy, Sugar Land, TX 77478

Edward W. Gaskill

Juvenile Law, Oil & Gas, Family Law, Credit & Debt

Status: In Good Standing Licensed: 32 Years

CONTACT

807 Houston St, Richmond, TX 77469

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.

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.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

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.

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.

SAMPLE LEGAL CASES

Eaves v. Unifund CCR Partners

... Tommy L. Eaves appeals the jury's verdict against him in Unifund CCR Partners ("Unifund Partners") suit to collect unpaid credit-card debt. We affirm. BACKGROUND. Citibank issued an AT & T credit card to Eaves, and Eaves made purchases with the card. ...

Dulong v. Citibank (South Dakota), NA

... 892 OPINION. Opinion by Justice RICHTER. This case involves a traditional summary judgment in a credit card debt collection matter. Citibank (South Dakota), NA ("Citibank") sued Donna Dulong to recover the balance owed on a credit card (the "Credit Card"). ...

Martinez v. Midland Credit Management, Inc.

... denied), argued that Midland was not entitled to proceed on a sworn account theory to recover a credit card debt. At the hearing on Martinez's Motion for New Trial, Midland argued that its claim was one for breach of contract. ...

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Fort Bend County, TX Credit & Debt Lawyers

Sponsored Law Firm

Sanchez Law Firm

SPONSORED LAWYERS

John Robert Jones

William Madison Colgin

Shawn Christopher Johnston

Stephanie J. Stigant

Faisal R. Vellani

Salmaan Ali Momin

Matthew Fraser Scholes

Robert Daniel Franks

Betsy Lynn Grubbs

Edward W. Gaskill

TIPS

LEGAL TERMS

S CORPORATION

LIMITED PARTNERSHIP

UNSECURED DEBT

BULK SALES LAW

CREDIT BUREAU

REDEMPTION

GRACE PERIOD

MEETING OF CREDITORS

CHAPTER 7 BANKRUPTCY

SAMPLE LEGAL CASES

Eaves v. Unifund CCR Partners

Dulong v. Citibank (South Dakota), NA

Martinez v. Midland Credit Management, Inc.

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