South Houston Bankruptcy & Debt Lawyer, Texas, page 2

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Vicky Fealy
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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.
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James Charles Fogo

Bankruptcy, Litigation, Business & Trade, Commercial Real Estate

Status: Licensed: 45 Years

CONTACT

5251 Cripple Creek Ct, Houston, TX 77017

Cari A. Wilson Brownlee

Credit & Debt, Personal Injury, Elder Law, Family Law

Status: Licensed: 18 Years

CONTACT

Pasadena, TX 77501

Leighton H Thompson

Commercial Real Estate, Gift Taxation, Business & Trade, Credit & Debt

Status: Licensed: 24 Years

CONTACT

4008 Vista Rd, Pasadena, TX 77504

Kristen Michele Samohyl Capps

Employee Rights, Family Law, Credit & Debt, Personal Injury

Status: Licensed: 21 Years

CONTACT

8121 Broadway, Houston, TX 77061

William G. Ogletree

Consumer Bankruptcy, Insurance, Employee Rights, Personal Injury

Status: Licensed: 48 Years

CONTACT

12600 N Featherwood Dr, Houston, TX 77034

Charles Russell Storer

Wills, Estate, Family Law, Bankruptcy

Status: Licensed: 42 Years

CONTACT

6650 Fairfield St, Houston, TX 77023

800-814-6700

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LEGAL TERMS

DEBIT CARD

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can ... (more...)

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can also be used at stores to pay for goods and services in place of a check. Unlike a credit card, a debit card automatically withdraws money from your checking account at the time of the transaction. Debit cards are regulated by the Electronic Funds Transfer Act.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

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.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

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.

TRADE NAME

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

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

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.

South Houston Bankruptcy & Debt Lawyer, Texas, page 2

Sponsored Law Firm

The Fealy Law Firm, P.C.

SPONSORED LAWYERS

James Charles Fogo

Cari A. Wilson Brownlee

Leighton H Thompson

Kristen Michele Samohyl Capps

William G. Ogletree

Charles Russell Storer

TIPS

LEGAL TERMS

DEBIT CARD

WORKOUT

CHAPTER 13 PLAN

LIQUIDATING PARTNER

S CORPORATION

TRADE NAME

SECURED DEBT

NO-FAULT INSURANCE

COLLATERAL

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