Bedford Bankruptcy 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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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

J. C. Bailey

Wills & Probate, Bankruptcy, Bankruptcy & Debt, Personal Injury

FREE CONSULTATION

CONTACT

1901 Airport Freeway, Bedford, TX 76021

Behrooz P. Vida

Tax, Consumer Protection, Civil & Human Rights, Bankruptcy

Status:

CONTACT

3000 Central Dr, Bedford, TX 76021

Carla Reed Vida

Bankruptcy, Bankruptcy & Debt

Status:

CONTACT

3000 Central Dr, Bedford, TX 76021

Steven T. Polino

Litigation, Health Care Other, Family Law, Bankruptcy

Status: Licensed: 37 Years

CONTACT

3216 Prince Ct, Bedford, TX 76021

David L. Pritchard

Real Estate, Credit & Debt, Consumer Bankruptcy, Bankruptcy

Status: Licensed: 39 Years

CONTACT

1244 Southridge Ct, Hurst, TX 76053

Christstachia Robinson Tefera

Commercial Real Estate, Litigation, Family Law, Bankruptcy

Status:

CONTACT

1205 Hall Johnson Rd, Colleyville, TX 76034

Richard L. Venable

Consumer Protection, Civil & Human Rights, Bankruptcy

Status:

CONTACT

3000 Central Dr, Bedford, TX 76021

Mark Barnett French

Litigation, Elder Law, Bankruptcy

Status:

CONTACT

1901 Central Dr, Bedford, TX 76021

Wade Westerman Mathis (Wade)

Family Law, Commercial Real Estate, Consumer Bankruptcy, Wills

Status: Licensed: 13 Years

CONTACT

1452 Hughes Road, Grapevine, TX 76051

Stacy B. Loftin

Public Finance, Business & Trade, Banking & Finance, Bankruptcy

Status:

CONTACT

3950 State Highway 360, Grapevine, TX 76051

800-814-6700

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LEGAL TERMS

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.

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.

CREDIT FILE

See credit report.

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.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

FDCPA

See Fair Debt Collections & Practices Act.

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.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

SAMPLE LEGAL CASES

Ferguson v. BUILDING MATERIALS

... Clair Newbern, Fort Worth, TX, for Amicus Curiae. PER CURIAM. At issue in this appeal is whether the plaintiffs in a personal injury suit should be estopped from pursuing their claim because they initially omitted it as a listed asset in a pending bankruptcy. ...

Graber v. Fuqua

... 2240, 135 L.Ed.2d 700 (1996)). IV. Federal Law Occupies the Field of Bankruptcy and Preempts State Law. ... Id. C. The Required Uniformity of Bankruptcy Laws Mitigates Against Development of State Common Law Claims for Misconduct in Bankruptcy Proceedings. ...

Unifund CCR Partners v. Villa

... Villa later filed for bankruptcy, and his debts were discharged. In his bankruptcy filing, Villa listed Bank One, not Unifund, as creditor on the credit card debt. After Villa's bankruptcy, Unifund sued Villa on the debt. Villa answered ...

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Bedford Bankruptcy Lawyer, Texas

Sponsored Law Firm

Machi & Associates, P.C.

SPONSORED LAWYERS

J. C. Bailey

Behrooz P. Vida

Carla Reed Vida

Steven T. Polino

David L. Pritchard

Christstachia Robinson Tefera

Richard L. Venable

Mark Barnett French

Wade Westerman Mathis (Wade)

Stacy B. Loftin

TIPS

LEGAL TERMS

SOLE PROPRIETORSHIP

NONDISCHARGEABLE DEBTS

CREDIT FILE

FRAUDULENT TRANSFER

TRUTH IN LENDING ACT (TILA)

FDCPA

WINDING UP

TOXIC TORT

CREDIT COUNSELING

SAMPLE LEGAL CASES

Ferguson v. BUILDING MATERIALS

Graber v. Fuqua

Unifund CCR Partners v. Villa

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PRACTICE AREAS 30

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