Houston Reorganization 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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Vicky M. Fealy

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Bankruptcy & Debt, Bankruptcy, Credit & Debt, Consumer Bankruptcy, Reorganization

Houston bankruptcy attorney Vicky Fealy, is board certified in Consumer Bankruptcy Law by the Texas Board of Legal Specialization. She has for more th... (more)

FREE CONSULTATION

CONTACT

800-889-6371

1235 N. Loop West, Houston, TX 77008

Hannah Mary Joyner

General Practice

Status: In Good Standing Licensed: 8 Years

CONTACT

515 Rusk St, Houston, TX 77002

Shalini Melissa Aggarwal

Environmental Law Other, Banking & Finance, Reorganization, Products Liability, Whistleblower

Status: In Good Standing Licensed: 20 Years

CONTACT

600 Travis St, Houston, TX 77002

Caitlin Marie Donnelly

Natural Resources, Pension & Benefits, Corporate, Reorganization, International Tax

Status: In Good Standing Licensed: 11 Years

CONTACT

910 Louisiana St, Houston, TX 77002

Claire K. Smyser

Natural Resources, Pension & Benefits, Corporate, Reorganization, International Tax

Status: In Good Standing Licensed: 11 Years

CONTACT

600 Travis St, Houston, TX 77002

O. Frank Sommerville

International Tax, Reorganization, Tax, Bankruptcy

Status: In Good Standing

CONTACT

Eleven Greenway Plaza, Houston, TX 77046

Cody Wayne Dumas

Business, Health Care, Reorganization, Business & Trade

Status: In Good Standing Licensed: 11 Years

CONTACT

2950 North Loop W, Houston, TX 77092

Shonah Patrice Jefferson

Wills, Business & Trade, Non-profit, Reorganization

Status: In Good Standing Licensed: 23 Years

CONTACT

12712 W Lake Houston Pkwy, Houston, TX 77044

Shonah Patrice Jefferson

Wills, Business & Trade, Non-profit, Reorganization

Status: In Good Standing Licensed: 23 Years

CONTACT

12712 W Lake Houston Pkwy, Houston, TX 77044

Nicholas Alexander Dupré

Corporate, Reorganization, Estate Planning, Trademark

Status: In Good Standing

CONTACT

2202 Timberloch Place, Spring, TX 77380

800-923-0641

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LEGAL TERMS

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

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.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

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.

FCRA

See Fair Credit Reporting Act.

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

FCBA

See Fair Credit Billing Act.

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.

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.

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Houston Reorganization Lawyer, Texas

Sponsored Law Firm

The Fealy Law Firm, P.C.

SPONSORED LAWYERS

Vicky M. Fealy

Hannah Mary Joyner

Shalini Melissa Aggarwal

Caitlin Marie Donnelly

Claire K. Smyser

O. Frank Sommerville

Cody Wayne Dumas

Shonah Patrice Jefferson

Shonah Patrice Jefferson

Nicholas Alexander Dupré

TIPS

LEGAL TERMS

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

MEETING OF CREDITORS

CURRENT MONTHLY INCOME

GRACE PERIOD

FCRA

SOLE PROPRIETORSHIP

FCBA

S CORPORATION

REPOSSESSION

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