Arlington 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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Warren V. Norred

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Civil Rights, Bankruptcy, Construction, Administrative Law, Government

Admitted to all Texas courts, and the Fifth, Ninth, and Federal Circuit, and the Supreme Court.

Warren V. Norred is an attorney with experience in bankruptcy, intellectual property and litigation. Mr. Norred earned his Bachelor in Electrical Engi... (more)

CONTACT

800-786-0641

515 E. Border, Arlington, TX 76010

Sean Patrick Acker

Bankruptcy & Debt, Commercial Bankruptcy, Consumer Bankruptcy, Bankruptcy

Sean P. Acker graduated from the Texas A&M School of Law in 2009 after earning his Bachelor's degree from the University of Texas. Prior to starting h... (more)

CONTACT

817-752-9033

2205 W. Division St., Arlington, TX 76012

Ted Machi

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Accident & Injury, Bankruptcy, Social Security -- Disability, Personal Injury

Ted Machi is Board Certified in Consumer Bankruptcy law by the Texas Board of Legal Specialization. For over thirty years, he has helped the little gu... (more)

FREE CONSULTATION

CONTACT

800-804-0771

1521 North Cooper Street, Arlington, TX 76011

Christopher Lee

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Bankruptcy & Debt, Business Organization, Consumer Rights, Tax Litigation, Power of Attorney

My Goal is to Make My Law Firm the Industry Standard in These Areas of the Law.

I am licensed to practice law in the United States Supreme Court, the State of Texas, both the Northern, Eastern and Southern Districts of Texas Feder... (more)

FREE CONSULTATION

CONTACT

800-795-0040

8701 Bedford Euless Road, Hurst, TX 76053

Joe A. Gonzalez

Bankruptcy, Personal Injury, Criminal, Mass Torts, Consumer Bankruptcy

Joe A. Gonzalez is an experienced attorney and certified public accountant with over 10 years of legal experience. Joe practices in estate planning, b... (more)

FREE CONSULTATION

CONTACT

817-349-7330

1227 W. Magnolia Avenue, Fort Worth, TX 76104

Jason Brandt Stephens

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Civil Rights, Insurance, Personal Injury, Consumer Bankruptcy, Mass Torts

Jason Stephens is an award-winning Texas trial attorney, and founder of Stephens Law Firm, PLLC. He’s logged countless hours in the courtroom and ha... (more)

FREE CONSULTATION

CONTACT

817-420-7000

1300 S University Dr., Fort Worth, TX 76107

Alvin Quincey Malone

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Estate, Divorce & Family Law, Bankruptcy & Debt, Military, Bankruptcy

Al Malone left a career as a tax advisor at one of the largest and most respected companies in the world to establish a firm dedicated to helping comm... (more)

FREE CONSULTATION

CONTACT

817-953-3112

3100 W Southlake Blvd, Southlake, TX 76092

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

Marcus Leinart

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Accident & Injury, Bankruptcy & Debt

Marcus is dedicated to helping people who have experienced financial difficulties as a result of life’s unexpected hardships. His law practice focus... (more)

FREE CONSULTATION

CONTACT

469-232-3328

10670 North Central Expressway, Dallas, TX 75231

Dan Wallis

Consumer Bankruptcy, Personal Injury

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FREE CONSULTATION

CONTACT

2216 S. Cooper, Arlington, TX 76013

800-814-6700

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LEGAL TERMS

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.

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

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.

COLLATERAL

Property that guarantees payment of a 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.

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.

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.

FDCPA

See Fair Debt Collections & Practices Act.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

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Arlington Bankruptcy & Debt Lawyer, Texas

Sponsored Law Firm

Machi & Associates, P.C.

SPONSORED LAWYERS

Warren V. Norred

Sean Patrick Acker

Ted Machi

Christopher Lee

Joe A. Gonzalez

Jason Brandt Stephens

Alvin Quincey Malone

Michael Raymond Cramer

Marcus Leinart

Dan Wallis

TIPS

LEGAL TERMS

S CORPORATION

PRIORITY DEBT

ADMINISTRATIVE EXPENSES

COLLATERAL

WINDING UP

NONEXEMPT PROPERTY

BANKRUPTCY

FDCPA

MEETING OF CREDITORS

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