Was your car repossessed today? Machi & Associates, PC may be able to get your car back within 24 hours.
Very often clients have waited as long as they can to file bankruptcy. They really want to do all they can to pay their debts. But times get tough, and good people have a hard time paying those debts. Then all of a sudden their car is gone – repossessed. How will they get to work? How will they get their ...
Continue → ShareThe snack food company Hostess Brands filed for Chapter 11 on January 10, 2012, about seven and a half years since its previous bankruptcy claim in September of 2004. Last Wednesday, Hostess said it would be reforming into a more competitive company. While Hostess lists about $860 million in debt the company still has enough money to keep stores stocked with their products. Additionally, Hostess didn’t announce any job cuts, but Hostess spokesman Lance Ignon said the company will decide ...
Continue → ShareConsumer credit sales and home mortgages are some of the most regulated transactions in the American economy. State and federal statutes place certain restrictions on the conduct of mortgage lenders, retailers, debt collection agencies, and credit reporting companies. Nevertheless, we hear so many complaints about fraudulent credit practices you’d think the fair credit laws had never been passed.
If you think that you have been damaged by unlawful or deceptive credit practices by a mortgage company or bank, an auto dealer ...
Continue → ShareChapter 7 Bankruptcy is a way to wipe out your debt by grouping all your debt together and in one shot creating a fresh start for yourself. Before filing Bankruptcy you should always meet with a qualified attorney, like Ted Machi to consider all your options. With Chapter 7, you can wipe out debt such as credit cards, lawsuits, mortgages, medical bills and more.
When you file Chapter 7 you are not required to make repayments. Your debts are completely wiped ...
Continue → ShareDo you need to save your house and your car, stop the IRS from garnishing your wages and bank accounts? Chapter 13 can protect you from these creditors while you set up scheduled repayments to get back on your feet. In this type of bankruptcy you have terms that are very favorable to you so that you can make your re-payments and complete your obligations under Chapter 13 bankruptcy.
Ted Machi can help you understand where you may qualify, either ...
Continue → ShareAmerican Airlines’s parent company, AMR, filed for bankruptcy last week, leaving many DFW residents concerned with the airline’s future. Economic experts say AMR’s bankruptcy will have more have smaller effect than thought on Tarrant county’s economy. Director of the Maguire Energy Institute at Southern Methodist University and economist, Bud Weinstein, said ” We won’t see any effect in the short term, but in the long term American’s impact in the region’s economy will be smaller than it is today.”
AMR filed bankruptcy ...
Continue → ShareIf there are grounds for alleging that loan documents, notices, or some impropriety in the sale, the borrower may file a “wrongful foreclosure” lawsuit.
If you are facing a potential foreclosure or have received an “Notice of Default and Intent to Accelerate,” you should act quickly. It is much easier to stop a foreclosure before it occurs than to get a remedy after the foreclosure is complete. If the property is sold to a third party there is little chance that ...
Continue → ShareAn Arlington Texas bankruptcy lawyer provides way for individuals to get a fresh start by discharging or reorganizating their debts. Title 11 of the United States Code provides the legal basis for Bankruptcy in the United States.
Finding an Arlington Bankruptcy lawyer is easy; call the bankruptcy attorneys and staff at Ted Machi and Associates, P.C. to evaluate your situation.
We will continue to provide Arlington bankruptcy lawyer information here.
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