An Arlington Bankruptcy Lawyer, serving Fort Worth, Mansfield, and Dallas

Bankruptcy Basics

Federal Bankruptcy law benefits both debtors and creditors by seeing that debtors get debt relief and creditors collect some of the debts owed. The types of bankruptcy filings are referred to by the chapter of the federal Bankruptcy Code that describes them.

Generally, consumers use Chapter 7 Bankruptcy or Chapter 13 Bankruptcy. Although each situation is different, a person with few or no valuable assets would prefer chapter 7 because it involves a liquidation of most or all assets. Chapter 13 bankruptcy is a reorganization of debts where the debtor and creditors must accept new terms for debt repayment.

We can help stop creditor harassment immediately. You will be able to worry about your job and family again. We can stop most foreclosures, repossessions, lawsuits, and garnishments.

Ted Machi is Board Certified* in Consumer Bankruptcy law by the Texas Board of Legal Specialization. For over twenty years, he has helped the little guy in the DFW metroplex through effective, determined, professional representation.

 

The Debt Doctor on TV

Have you seen the Debt Doctor on TV. He has shown us how bankruptcy is not as scary as you might think, and some credit counselors fail to tell the whole story. Below are couple of the Debt Doctor's Commercials.

More Debt Doctor Commercials are here.

Famous and Bankrupt

Arlington bankruptcy lawyerThe list of famous people who faced bankruptcy is long. A short list includes P.T. Barnum, Lorraine Bracco, Kim Basinger, Toni Braxton, Lenny Bruce, Buffalo Bill, Tia Carrere, George Clinton, Francis Ford Coppola, David Crosby, Walt Disney, Jim Dooley, William C. Durant, Mick Fleetwood, Zsa Zsa Gabor, Marvin Gaye, Ulysses S. Grant, Archie Griffin, Corey Haim, Dorothy Hamill, MC Hammer, Isaac Hayes, Milton Snavely Hershey, Ronald Isley, Don Johnson, Margot Kidder, Larry King, Suge Knight, Cyndi Lauper, Jerry Lee Lewis, Abraham Lincoln, Meat Loaf, Lisa "Left Eye" Lopes, William McKinley, Willie Nelson, Wayne Newton, Ted Nugent, Thomas Paine, Tom Petty, Tammy Wynette, Oscar Wilde, Mark Twain, Lawrence Taylor, Burt Reynolds, Willie Nelson, George Foreman, Sheryl Swoopes, Mickey Rooney, Donald Trump.

 
 

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