Southlake Collection Lawyer, Texas, page 3

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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
1. Contact
2. Email
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Mark Alan Burroughs

Tax, Real Estate, Business, Collection

Status: Licensed: 43 Years

CONTACT

1172 Bent Oaks Dr, Denton, TX 76210

Timothy J. Harvard

Commercial Real Estate, Real Estate, Oil & Gas, Collection, Industry Specialties

Status:

CONTACT

301 Commerce St, Aledo, TX 76102

Mark Harden

Contract, Collection, Wrongful Death, Consumer Protection

Status:

CONTACT

201 Main Street, Fort Worth, TX 76102

Andrew F. Stasio

Bankruptcy & Debt, Divorce & Family Law, Estate, Child Custody, Collection

Status: Licensed: 52 Years

CONTACT

303 Main St, Fort Worth, TX 76102

David R. Seidler

Real Estate, Litigation, Collection, Dispute Resolution, Personal Injury

Status: Licensed: 49 Years

CONTACT

303 Main St, Fort Worth, TX 76102

Robert Crist Vial

Commercial Real Estate, Litigation, Oil & Gas, Business & Trade, Collection

Status: Licensed: 38 Years

CONTACT

4101 Mcewen Rd, Dallas, TX 75244

Robert Davis Forster

Commercial Real Estate, Employment, Banking & Finance, Collection, Litigation

Status:

CONTACT

4004 Belt Line Road, Addison, TX 75001

Charles Imlay Appler

Conveyancing, Commercial Real Estate, Arbitration, Collection, Litigation

Status: Licensed: 49 Years

CONTACT

18008 Windtop Lane, Dallas, TX 75287

Kim Allen Hamilton

Family Law, Divorce, Child Custody, Collection

Status: Licensed: 41 Years

CONTACT

902 S Jennings Ave, Aledo, TX 76104

Mick Meyer

Identity Theft, Merger & Acquisition, Collection, Wrongful Death

Status:

CONTACT

103 S. Woodrow Lane, Denton, TX 76205

800-814-6700

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LEGAL TERMS

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

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.

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.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

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Southlake Collection Lawyer, Texas, page 3

Sponsored Law Firm

Machi & Associates, P.C.

SPONSORED LAWYERS

Mark Alan Burroughs

Timothy J. Harvard

Mark Harden

Andrew F. Stasio

David R. Seidler

Robert Crist Vial

Robert Davis Forster

Charles Imlay Appler

Kim Allen Hamilton

Mick Meyer

TIPS

LEGAL TERMS

INTEREST

LIABILITY

CREDIT COUNSELING

WINDING UP

C CORPORATION

DISCHARGEABLE DEBTS

CREDITOR

CURRENT MONTHLY INCOME

REAFFIRMATION

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