Seagoville 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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Ana Yaressy Romero

Immigration, Bankruptcy

Ana Yaressy Romero is the founder of the firm, and her journey in the field of immigration law has been shaped by a rich academic background and diver... (more)

CONTACT

214-813-5643

2626 Cole Ave, Dallas, TX 75204

Michael Raymond Cramer

Business, Business Organization, Collection, Construction, Civil & Human Rights

Mr. Cramer grew up in the piney woods of Mt. Vernon, East Texas before moving to Mesquite, where he graduated from High School in 1986. Following high... (more)

FREE CONSULTATION

CONTACT

855-982-7199

4131 N Central Expy, Dallas, TX 75204

David L. Paschall

Litigation, Election & Political, Corporate, Collection

Status: In Good Standing

CONTACT

1201 Elm Street, Dallas, TX 75270

Neil J. Orleans

Business Organization, Bankruptcy, Litigation

Status: In Good Standing

CONTACT

1201 Elm Street, Dallas, TX 75270

Franklin L. Broyles

Government Contract, Energy, Bankruptcy, Litigation

Status: In Good Standing

CONTACT

1201 Elm Street, Dallas, TX 75270

Lindsey L. Reinhardt

Construction, Corporate, Bankruptcy

Status: In Good Standing

CONTACT

1201 Elm Street, Dallas, TX 75270

Cynthia Johnson Rerko

Banking & Finance, Bankruptcy, Corporate, Credit & Debt

Status: In Good Standing

CONTACT

2605 Hibernia St,, Dallas, TX 75204

Bill Venegoni

Age Discrimination, Americans with Disabilities Act , Mesothelioma, Collection

Status: In Good Standing

CONTACT

3811 Turtle Creek Blvd., Dallas, TX 75219

Andrew F. Emerson

Banking & Finance, Construction, Litigation, Credit & Debt

Status: In Good Standing

CONTACT

8350 N. Central Expressway, Campbell Centre I, Dallas, TX 75206

Cheryl L. Mann

Bad Faith Insurance, Contract, Business Organization, Credit & Debt

Status: In Good Standing

FREE CONSULTATION

CONTACT

3701 Turtle Creek Boulevard, Dallas, TX 75219

800-923-0641

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LEGAL TERMS

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

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.

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

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.

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

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.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

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.

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Seagoville Bankruptcy & Debt Lawyer, Texas

Sponsored Law Firm

Machi & Associates, P.C.

SPONSORED LAWYERS

Ana Yaressy Romero

Michael Raymond Cramer

David L. Paschall

Neil J. Orleans

Franklin L. Broyles

Lindsey L. Reinhardt

Cynthia Johnson Rerko

Bill Venegoni

Andrew F. Emerson

Cheryl L. Mann

TIPS

LEGAL TERMS

NONEXEMPT PROPERTY

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

CHAPTER 13 PLAN

GUARANTEED RESERVATION

REDEMPTION

FORBEARANCE

SETOFF

NONDISCHARGEABLE DEBTS

UNDUE HARDSHIP

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