Houston Bankruptcy Lawyer, Texas, page 2

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Vicky Fealy
F.A.Q. | Contact Us
The Fealy Law Firm, P.C.
1235 North Loop West Suite 1005 Houston, TX 77008 » view map
Bankruptcy, Judgments, & Foreclosures
Houtson Bankruptcy Lawyers

Helping clients take control of their finances, for more that years. Board Certified in Consumer Bankruptcy by the Texas Board of Legal Specialization.

800-810-9591
1. Vicky Fealy Houston, TX
  Attorney At Law - Texas, 1991
  University of Houston Law Center, J.D.
2. Frequently Asked Questions
  Bankruptcy Frequently Asked Questions
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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Jameson Joseph Watts

Litigation, Elder Law, Credit & Debt, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

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26418 Oak Ridge Drive, Spring, TX 77380

Jeffrey A. Shadwick

Banking & Finance, Corporate, Bankruptcy, Litigation

Status: In Good Standing

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3900 Essex Lane, Houston, TX 77027

Jennifer Casey

Bankruptcy & Debt, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

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9595 Six Pines Drive, Spring, TX 77380

John M. Black

Mass Torts, Environmental Law, Business, Consumer Bankruptcy, Personal Injury

Status: In Good Standing

FREE CONSULTATION

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700 Louisiana, Houston, TX 77002

Kenneth J. Fair

Construction Contracts, Corporate, Business Organization, Bankruptcy

Status: In Good Standing

CONTACT

4000 Two Houston Center, 909 Fannin Street, Houston, TX 77010

Laura D. Shelton

Adoption, Bankruptcy, Corporate, Business Organization

Status: In Good Standing

CONTACT

10701 Corporate Dr., Stafford, TX 77477

M. Kevin Powers

Bed Bug, Bankruptcy Litigation, Collection, Commercial Real Estate

Status: In Good Standing

FREE CONSULTATION

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2323 S. Shepherd Drive, Houston, TX 77019

Marc Douglas Myers

Family Law, Corporate, Personal Injury, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

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3120 Southwest Freeway, Houston, TX 77098

Misty A. Segura

Construction, Estate Planning, Corporate, Bankruptcy

Status: In Good Standing

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1221 Lamar, Houston, TX 77010

Rodney J. Cappel

Construction, Personal Injury, Environmental Law, Consumer Bankruptcy, Business

Status: In Good Standing

FREE CONSULTATION

CONTACT

Wedge International Tower, 1415 Louisiana Street, Houston, TX 77002

800-923-0641

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LEGAL TERMS

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

CREDIT FILE

See credit report.

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.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

CYBERSQUATTING

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. T... (more...)

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. The Anticybersquatting Consumer Protection Act of 1999 authorizes a cybersquatting victim to file a federal lawsuit to regain a domain name or sue for financial compensation. Under the act, registering, selling or using a domain name with the intent to profit from someone else's good name is considered cybersquatting. Victims of cybersquatting can also use the provisions of the Uniform Domain Name Dispute Resolution Policy adopted by ICANN, an international tribunal administering domain names. This international policy results in arbitration of the dispute, not litigation.

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.

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.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

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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Houston Bankruptcy Lawyer, Texas, page 2

Sponsored Law Firm

The Fealy Law Firm, P.C.

SPONSORED LAWYERS

Jameson Joseph Watts

Jeffrey A. Shadwick

Jennifer Casey

John M. Black

Kenneth J. Fair

Laura D. Shelton

M. Kevin Powers

Marc Douglas Myers

Misty A. Segura

Rodney J. Cappel

TIPS

LEGAL TERMS

401(K) PLAN

BANKRUPTCY TRUSTEE

CREDIT FILE

COSIGNER

LIMITED LIABILITY

CYBERSQUATTING

SUBROGATION

UNSECURED DEBT

PREFERENCE

SAMPLE LEGAL CASES

Ferguson v. BUILDING MATERIALS

Graber v. Fuqua

Unifund CCR Partners v. Villa

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