Desoto 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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Gwendolyn E Hunt

Bankruptcy & Debt

Status: In Good Standing Licensed: 37 Years

FREE CONSULTATION

CONTACT

2010 N Hampton Rd, Desoto, TX 75115

Jack Joseph Scheske

Bankruptcy, Dispute Resolution, Criminal, Employment, Commercial Real Estate

Status: In Good Standing Licensed: 43 Years

CONTACT

402 W Wheatland Rd, Duncanville, TX 75116

Kristina L. Page

Estate Planning, International Tax, Bankruptcy, Natural Resources, Construction

Status: In Good Standing Licensed: 24 Years

CONTACT

445 East Fm 1382, Cedar Hill, TX 75104

Scott Allen Barber

Personal Injury, Insurance, Consumer Bankruptcy, Health Care, Mass Torts

Status: In Good Standing Licensed: 37 Years

CONTACT

636 N Hwy 67, Cedar Hill, TX 75104

Michael Warren Dickey

Credit & Debt, Family Law, Juvenile Law, Commercial Real Estate

Status: Deceased Licensed: 30 Years

CONTACT

2511 Ovilla Rd, Red Oak, TX 75154

Robert Lee Jemerson

Commercial Real Estate, Intellectual Property, Entertainment, Consumer Bankruptcy

Status: In Good Standing Licensed: 21 Years

CONTACT

445 E Fm 1382, Cedar Hill, TX 75104

John Mastriani

International Tax, Bankruptcy, Medical Malpractice, Education, Divorce

Status: In Good Standing

CONTACT

104 Idle Creek Lane, Angleton, TX 77515

Robert L Jemerson

Commercial Real Estate, Intellectual Property, Entertainment, Consumer Bankruptcy

Status: In Good Standing Licensed: 21 Years

CONTACT

445 E Fm 1382, Cedar Hill, TX 75104

Penelope Y. Lary

Commercial Real Estate, Wills, Family Law, Bankruptcy

Status: In Good Standing Licensed: 54 Years

CONTACT

489 Johnson Ln, Red Oak, TX 75154

Steven Donald Brumley

Administrative Law, Credit & Debt, Environmental Law Other, Personal Injury

Status: In Good Standing Licensed: 34 Years

CONTACT

1341 Green Hills Ct, Duncanville, TX 75137

800-923-0641

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LEGAL TERMS

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

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.

COSIGNER

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for t... (more...)

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.

NO-FAULT INSURANCE

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain ... (more...)

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain amount, regardless of who was at fault. The effect of no-fault insurance laws is to eliminate lawsuits in small accidents. The advantage is the prompt payment of medical bills and expenses. The downsides are that the amounts paid by no-fault policies are often not enough to fully cover a person's losses and that no-fault does not compensate for pain and suffering.

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.

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.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

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.

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Desoto Bankruptcy & Debt Lawyer, Texas

Sponsored Law Firm

Allmand Law Firm

SPONSORED LAWYERS

Gwendolyn E Hunt

Jack Joseph Scheske

Kristina L. Page

Scott Allen Barber

Michael Warren Dickey

Robert Lee Jemerson

John Mastriani

Robert L Jemerson

Penelope Y. Lary

Steven Donald Brumley

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LEGAL TERMS

TRADE NAME

SETOFF

MEETING OF CREDITORS

COSIGNER

NO-FAULT INSURANCE

CHAPTER 13 PLAN

S CORPORATION

CHAPTER 13 BANKRUPTCY

BANKRUPTCY

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