Sunnyvale Bankruptcy & Debt Lawyer, Texas

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Weldon Allman
About | Practice Areas
Allmand Law Firm
4849 Greenville Ave Ste 230 Dallas, TX 75206Â» view map
Bankruptcy
Helping Good People Get a Fresh Start

At Allmand Law Firm, PLLC, our goal is to help each of our clients pursue a fresh start and the second chance they need to start again.

800-828-7421
1. Weldon Allman Dallas, TX
  Attorney at Law - TX, 2000
  Texas Wesleyan University J.D. 2000
2. AboutAllmand Law Firm
  Our team has more than two decades of experience.
3. Practice AreasExpertise
  Bankruptcy
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Gregg Oberg

Motor Vehicle, Litigation, Consumer Bankruptcy, Personal Injury, Accident & Injury

Status: In Good Standing

CONTACT

1839 Ridgeview St, Mesquite, TX 75149

Arthur Stephen Linn

Wills, Family Law, Consumer Bankruptcy, Bankruptcy

Status: Deceased Licensed: 26 Years

CONTACT

2306 Guthrie Road, Garland, TX 75043

Marquette W. Wolf

Government, Civil Rights, Business, Consumer Bankruptcy, Products Liability

Status: In Good Standing

CONTACT

18601 Lbj Freeway, Mesquite, TX 75150

Timothy Randall Strann

Estate Planning, Bankruptcy, Family Law, Criminal, Estate

Status: In Good Standing Licensed: 13 Years

CONTACT

18601 Lyndon B Johnson Fwy, Mesquite, TX 75150

Robert J. Fuller

Bankruptcy, Dispute Resolution, Insurance, Personal Injury, Criminal

Status: In Good Standing Licensed: 42 Years

CONTACT

212 Mansfield Blvd, Mesquite, TX 75182

Daniel R. Strann

Farms, Child Support, Criminal, Bankruptcy

Status: In Good Standing Licensed: 40 Years

CONTACT

18601 Lyndon B Johnson Fwy, Mesquite, TX 75150

Daniel R. Strann

Wills, Family Law, Criminal, Bankruptcy

Status: In Good Standing Licensed: 40 Years

CONTACT

18601 Lyndon B Johnson Fwy, Mesquite, TX 75150

Daniel James Artz

Commercial Real Estate, Litigation, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 42 Years

CONTACT

436 E Tripp Rd, Mesquite, TX 75182

David Irwin Goodhart

Estate Planning, International Tax, Bankruptcy, Criminal, Commercial Real Estate

Status: In Good Standing Licensed: 29 Years

CONTACT

192 N Collins Rd, Mesquite, TX 75182

Clifton M. Freeman

Litigation, Business & Trade, Consumer Bankruptcy, Personal Injury, Accident & Injury

Status: In Good Standing Licensed: 42 Years

CONTACT

403 S Walker St, Mesquite, TX 75149

800-923-0641

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LEGAL TERMS

DISCHARGE (OF DEBTS)

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

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.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

FAIR CREDIT BILLING ACT (FCBA)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days af... (more...)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days after it mailed the bill to you. The company must then correct the mistake, or at least acknowledge receipt of your letter within 30 days, and must correct the error within 90 days or explain why it believes the credit card statement is correct.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

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.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

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.

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Sunnyvale Bankruptcy & Debt Lawyer, Texas

Sponsored Law Firm

Allmand Law Firm

SPONSORED LAWYERS

Gregg Oberg

Arthur Stephen Linn

Marquette W. Wolf

Timothy Randall Strann

Robert J. Fuller

Daniel R. Strann

Daniel R. Strann

Daniel James Artz

David Irwin Goodhart

Clifton M. Freeman

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LEGAL TERMS

DISCHARGE (OF DEBTS)

GRACE PERIOD

IRS EXPENSES

FAIR CREDIT BILLING ACT (FCBA)

PRESUMED ABUSE

WORKOUT

S CORPORATION

ADMINISTRATIVE EXPENSES

DISPOSABLE INCOME

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