Chapter 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 → 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 → ShareThe Chicago Tribune reports in an article titled, “If you’ve tried your best, bankruptcy can be a viable, survivable option” that Cate Williams, vice president of financial literacy for Money Management International, predicts a surge in bankruptcy filings through March of next year. Most people in financial trouble will do just about anything to avoid filing bankruptcy. They sometimes wait until long after they are mathematically broke.
Williams says, “We really see people just ...
Continue → ShareSome people in Dallas think you can’t file bankruptcy anymore, but you can. Under Bankruptcy reform, there is a “means” test calculated partly on IRS Collection Standards, which are figures the IRS uses to determine acceptable levels of expenses when calculating what a delinquent taxpayer can afford to pay on a tax repayment plan. Don’t believe you can’t file because of the reform laws recently passed, speak to a Dallas Bankruptcy Lawyer.
Are you avoiding the phone because you ...
Continue → ShareWhat is a Board Certified Attorney*? A Board Certified Attorney* is one who has demonstrated special competence in a particular field in which the Texas Board of Legal Specialization has certified his competence. If you are searching for a bankruptcy lawyer the Dallas/Fort Worth metroplex. Consider Ted Machi and Associates, P.C. in Arlington or Mansfield.
Continue → ShareA Dallas 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 a Dallas 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 Dallas bankruptcy information here.
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