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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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Michael Raymond Cramer

Business, Business Organization, Collection, Construction, Civil & Human Rights

Attorney Cramer has more than 30 years of practice. Michael developed a statewide practice focused on litigation. His cases range from breach of contr... (more)

FREE CONSULTATION

CONTACT

855-982-7199

2777 N Stemmons Fwy Suite 1150, Dallas, TX 75207

Ashley Wysocki

Litigation, Divorce & Family Law, Collection, Bankruptcy

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CONTACT

Two Lincoln Center, Dallas, TX 75240

Bill Venegoni

Age Discrimination, Americans with Disabilities Act , Mesothelioma, Collection

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CONTACT

3811 Turtle Creek Blvd., Dallas, TX 75219

David L. Paschall

Litigation, Election & Political, Corporate, Collection

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CONTACT

1201 Elm Street, Dallas, TX 75270

Diana S. Weitzel

Adoption, Alimony & Spousal Support, Child Support, Collection

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FREE CONSULTATION

CONTACT

2009 East Lamar Blvd., Arlington, TX 76006

Gaylene Rogers Lonergan

Corporate, Banking & Finance, Collection, Bankruptcy

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CONTACT

12801 North Central Expy., Dallas, TX 75243

Gregory C. Mack

Alimony & Spousal Support, Child Support, Corporate, Collection

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CONTACT

1333 W. McDermott Drive, Allen, TX 75013

J. P. LeCompte

Consumer Protection, Corporate, Business Organization, Collection

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CONTACT

512 West Hickory, Denton, TX 76201

Lance Vanzant

Estate Planning, Family Law, Corporate, Collection

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CONTACT

512 West Hickory, Denton, TX 76201

Pamela L. Wilder

Adoption, Alimony & Spousal Support, Child Support, Collection

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FREE CONSULTATION

CONTACT

2009 East Lamar Blvd., Arlington, TX 76006

800-814-6700

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LEGAL TERMS

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.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

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.

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.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

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.

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

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Fort Worth Collection Lawyer, Texas

Sponsored Law Firm

Machi & Associates, P.C.

SPONSORED LAWYERS

Michael Raymond Cramer

Ashley Wysocki

Bill Venegoni

David L. Paschall

Diana S. Weitzel

Gaylene Rogers Lonergan

Gregory C. Mack

J. P. LeCompte

Lance Vanzant

Pamela L. Wilder

TIPS

LEGAL TERMS

UNSECURED DEBT

SUBROGATION

MEETING OF CREDITORS

S CORPORATION

COLLECTION AGENCY

GUARANTOR

CHAPTER 13 BANKRUPTCY

DOING BUSINESS AS (DBA)

BULK SALES LAW

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