Richardson Collection Lawyer, Texas, page 2

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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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Dan R. Waller

Employee Rights, Securities, Insurance, Collection

Status: In Good Standing Licensed: 48 Years

CONTACT

6310 Meadowcreek Drive, Dallas, TX 75254

Angela Renee Owens

Collection, Consumer Bankruptcy, Credit & Debt

Status: In Good Standing

CONTACT

2000 N Central Expressway, Plano, TX 75074

Thaddeus M. Sims

Wills, Insurance, Business & Trade, Collection

Status: In Good Standing Licensed: 43 Years

CONTACT

15150 Preston Rd, Dallas, TX 75248

Caitlyn Nicole Wells

Commercial Real Estate, Litigation, Collection, Bankruptcy

Status: In Good Standing Licensed: 15 Years

CONTACT

11300 N Central Expy, Dallas, TX 75243

John Whitney Bowdich

Litigation, Collection

Status: In Good Standing

CONTACT

10440 N. Central Expwy., Dallas, TX 75231

Gustavus L. Street

Litigation, Lawsuit & Dispute, Divorce, Collection, Commercial Bankruptcy

Status: In Good Standing Licensed: 54 Years

CONTACT

10440 N Central Expy, Dallas, TX 75231

Aaron Bayliss Michelsohn

Employment, Divorce, Insurance, Collection

Status: In Good Standing Licensed: 11 Years

CONTACT

10000 N Central Expressway, Dallas, TX 75231

Jeffrey Lee Clark

Corporate, Collection, Personal Injury, Accident & Injury

Status: In Good Standing

CONTACT

5323 Spring Valley Rd, Dallas, TX 75254

Sammy Hooda

Banking & Finance, Litigation, Collection, Bankruptcy

Status: In Good Standing

CONTACT

14643 Dallas Pkwy, Dallas, TX 75254

Nancy Ann Rath

Collection

Status: In Good Standing Licensed: 11 Years

CONTACT

14221 Dallas Parkway, Dallas, TX 75254

800-923-0641

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800-943-8690

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LEGAL TERMS

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.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

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Richardson Collection Lawyer, Texas, page 2

Sponsored Law Firm

Machi & Associates, P.C.

SPONSORED LAWYERS

Dan R. Waller

Angela Renee Owens

Thaddeus M. Sims

Caitlyn Nicole Wells

John Whitney Bowdich

Gustavus L. Street

Aaron Bayliss Michelsohn

Jeffrey Lee Clark

Sammy Hooda

Nancy Ann Rath

TIPS

LEGAL TERMS

CREDIT INSURANCE

SECURED DEBT

BANKRUPTCY TRUSTEE

401(K) PLAN

ABUSE

UNDUE HARDSHIP

ACCORD AND SATISFACTION

CREDIT REPORT

DISCHARGE (OF DEBTS)

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