Fort Worth Reorganization 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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Blake L. Berryman

Reorganization, Bankruptcy

Status: In Good Standing

CONTACT

777 Main Street, Fort Worth, TX 76102

Jeanne Scott Duke

Estate Planning, Civil Rights, Business, Reorganization

Status: In Good Standing

CONTACT

4150 International Plaza, Fort Worth, TX 76109

Terry Michelle Burks

Reorganization, Garnishment, Collection, Credit & Debt

Status: In Good Standing

CONTACT

6300 Ridglea Place, Fort Worth, TX 76116

Jon Nelson

Contract, Reorganization, Personal Injury, Employee Rights

Status: In Good Standing

CONTACT

1400 W. Abram Street, Arlington, TX 76013

O. Frank Sommerville

International Tax, Reorganization, Tax, Bankruptcy

Status: In Good Standing

CONTACT

3030 Matlock Road, Arlington, TX 76015

Jonathan Robert Patton

Real Estate, Litigation, Reorganization, Bankruptcy

Status: In Good Standing Licensed: 13 Years

CONTACT

1201 Main St, Dallas, TX 75202

Jon Robert Patton

Litigation, Reorganization, Bankruptcy

Status: In Good Standing Licensed: 13 Years

CONTACT

1807 Ross Ave, Dallas, TX 75201

James G. Vetter

Business Organization, Estate Planning, Securities, Reorganization

Status: In Good Standing

CONTACT

901 Main St, Dallas, TX 75202

G. Michael Curran

Reorganization, Bankruptcy

Status: Inactive Licensed: 51 Years

CONTACT

Dallas, TX 75222

Angela Lemaire Robertson

Government, Freedom of Information, Non-profit, Reorganization

Status: In Good Standing Licensed: 20 Years

CONTACT

1914 Skillman St, Dallas, TX 75206

800-923-0641

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LEGAL TERMS

FCBA

See Fair Credit Billing Act.

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.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

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.

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.

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

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Fort Worth Reorganization Lawyer, Texas

Sponsored Law Firm

Machi & Associates, P.C.

SPONSORED LAWYERS

Blake L. Berryman

Jeanne Scott Duke

Terry Michelle Burks

Jon Nelson

O. Frank Sommerville

Jonathan Robert Patton

Jon Robert Patton

James G. Vetter

G. Michael Curran

Angela Lemaire Robertson

TIPS

LEGAL TERMS

FCBA

CHAPTER 13 PLAN

FRAUDULENT TRANSFER

DISPOSABLE INCOME

BANKRUPTCY

SOLE PROPRIETORSHIP

BULK SALES LAW

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

GARNISHMENT

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