Fort Worth Bankruptcy & Debt Lawyer, Texas, page 8

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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
1. Contact
2. Email
3. Refer
5. Visit:
6. Website
7. Profile

Joseph F. Postnikoff

Mass Torts, Litigation, Business & Trade, Credit & Debt

Status: In Good Standing

CONTACT

801 Cherry St, Fort Worth, TX 76102

Frank R. Jelinek

Construction, Corporate, Business Organization, Bankruptcy

Status: In Good Standing Licensed: 57 Years

CONTACT

502 E Beady Rd, Arlington, TX 76006

Lisanne Purvis Davidson

Commercial Real Estate, Public Finance, Banking & Finance, Credit & Debt

Status: In Good Standing Licensed: 42 Years

CONTACT

3030 Matlock Road, Arlington, TX 76015

Lisanne Moore Purvis Davidson

Commercial Real Estate, Public Finance, Banking & Finance, Credit & Debt

Status: In Good Standing Licensed: 42 Years

CONTACT

3030 Matlock Road, Arlington, TX 76015

J. C. Bailey

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

Status: In Good Standing Licensed: 36 Years

CONTACT

1901 Airport Freeway, Bedford, TX 76021

David T. Kulesz

Litigation, Family Law, Criminal, Bankruptcy

Status: In Good Standing Licensed: 45 Years

CONTACT

601 W Abram St, Arlington, TX 76010

Robert J. Keffler

Corporate Governance, Business Successions, Business Organization, Dissolution

Status: In Good Standing Licensed: 43 Years

CONTACT

500 E 4Th St, Aledo, TX 76102

Jason M. Katz

Litigation, Estate Planning, Family Law, Bankruptcy

Status: In Good Standing Licensed: 23 Years

CONTACT

901 Main St, Dallas, TX 75202

Chad L. Farrar

Transportation & Shipping, Family Law, Collection, Products Liability

Status: In Good Standing Licensed: 29 Years

CONTACT

2515 Mckinney Ave, Dallas, TX 75201

Morton J. Fogelman

Real Estate, Wills & Probate, Family Law, Bankruptcy

Status: In Good Standing Licensed: 35 Years

CONTACT

11700 Preston Rd, Dallas, TX 75230

800-923-0641

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LEGAL TERMS

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

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.

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.

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.

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.

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.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

FCRA

See Fair Credit Reporting Act.

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.

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Fort Worth Bankruptcy & Debt Lawyer, Texas, page 8

Sponsored Law Firm

Machi & Associates, P.C.

SPONSORED LAWYERS

Joseph F. Postnikoff

Frank R. Jelinek

Lisanne Purvis Davidson

Lisanne Moore Purvis Davidson

J. C. Bailey

David T. Kulesz

Robert J. Keffler

Jason M. Katz

Chad L. Farrar

Morton J. Fogelman

TIPS

LEGAL TERMS

CREDITOR

INTEREST

WINDING UP

CREDIT BUREAU

LIMITED PARTNERSHIP

TRADE DRESS

CREDIT INSURANCE

FCRA

GRACE PERIOD

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