Alvarado 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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2. Email
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Chohn T. Hickman

Construction, Litigation, Credit & Debt, Consumer Bankruptcy

Status: Licensed: 27 Years

CONTACT

Burleson, TX 76028

William R. Brown

Construction, Elder Law, Business & Trade, Credit & Debt

Status: Licensed: 46 Years

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601 Strada Cir, Mansfield, TX 76063

David A. Coggin

Litigation, Family Law, Business & Trade, Bankruptcy

Status: Licensed: 50 Years

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250 Nw Tarrant Ave, Burleson, TX 76028

Martin Allan Rechnitzer

Clean Air Practice, Elder Law, Business & Trade, Bankruptcy

Status: Licensed: 46 Years

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388 Sw Johnson Ave, Burleson, TX 76028

Dale R. Montgomery

DUI-DWI, Estate Planning, Bankruptcy, Federal Appellate Practice, Criminal

Status: Licensed: 40 Years

CONTACT

Mansfield, TX 76063

Kristina Bline Dial

Commercial Real Estate, Family Law, Business & Trade, Bankruptcy

Status: Licensed: 39 Years

CONTACT

501 Sw Wilshire Blvd, Burleson, TX 76028

Michael S. Tomasic

Commercial Real Estate, Litigation, Business & Trade, Consumer Bankruptcy

Status: Licensed: 51 Years

CONTACT

1045 Tara Drive, Burleson, TX 76028

James Lanter

Business, Transportation & Shipping, Energy, Credit & Debt

Status: Licensed: 41 Years

CONTACT

560 N Walnut Creek Dr, Mansfield, TX 76063

Terri Lee Hale

Real Estate, Administrative Law, Bankruptcy, Bankruptcy & Debt

Status: Licensed: 26 Years

CONTACT

Mira Lagos, Grand Prairie, TX 75054

800-814-6700

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LEGAL TERMS

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.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

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.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

AUTOMATIC STAY

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities,... (more...)

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making written requests for payment, or notifying credit reporting bureaus of an unpaid debt.

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.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

Alvarado Bankruptcy & Debt Lawyer, Texas

Sponsored Law Firm

Machi & Associates, P.C.

SPONSORED LAWYERS

Chohn T. Hickman

William R. Brown

David A. Coggin

Martin Allan Rechnitzer

Dale R. Montgomery

Kristina Bline Dial

Michael S. Tomasic

James Lanter

Terri Lee Hale

TIPS

LEGAL TERMS

REPOSSESSION

LIMITED PARTNERSHIP

REDEMPTION

LIEN

AUTOMATIC STAY

GUARANTEED RESERVATION

UNSECURED DEBT

WINDING UP

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