Presque Isle Bankruptcy & Debt Lawyer, Michigan, page 3

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Tricia Terry
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Marrs & Terry, PLLC
6553 Jackson Road Ann Arbor, MI 48103Â» view map
Bankruptcy & Debt
Personalized, Efficient Counsel

Marrs & Terry, PLLC have been helping individuals face a variety of legal challenges, including bankruptcy, estate planning and administration, and family law.

800-862-7221
1. Tricia Terry Ann Arbor, MI
  Attorney at Law- MI, 1999
  Thomas M. Cooley Law School, J.D.
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Not enough matches for Presque Isle Bankruptcy & Debt lawyer.
Below are all Presque Isle lawyers.

Keith D. Wallace

Real Estate, Health Care Other, Estate Planning, Elder Law, Other

Status: In Good Standing Licensed: 57 Years

CONTACT

114 S Second Ave, Alpena, MI 49707

Theodore O. Johnson

Real Estate Other, Traffic, Social Security, Wrongful Termination, Motor Vehicle

Status: In Good Standing Licensed: 51 Years

CONTACT

114 S Second Ave, Alpena, MI 49707

William S. Smigelski

Other, Real Estate, Estate Planning, Family Law

Status: In Good Standing

CONTACT

1190 Pebble St, Alpena, MI 49707

Douglas A. Kowalski

Real Estate, International, Gift Taxation, Business

Status: In Good Standing Licensed: 32 Years

CONTACT

666 Mckinley Ave, Alpena, MI 49707

Michael G. Mack

Government

Status: In Good Standing Licensed: 45 Years

CONTACT

1181 Dow Drive, Alpena, MI 49707

John F. Kowalski

General Practice

Status: In Good Standing Licensed: 61 Years

CONTACT

215 Barry St, Alpena, MI 49707

Robert B. Kane

Other, Government, Family Law, Business

Status: In Good Standing Licensed: 47 Years

CONTACT

421 S Ripley Blvd, Alpena, MI 49707

David M. Funk

Criminal, Family Law

Status: In Good Standing Licensed: 48 Years

CONTACT

421 S Ripley Blvd, Alpena, MI 49707

Cristie A. Vanmassenhove

Estate, Divorce & Family Law, Business, Consumer Bankruptcy

Status: In Good Standing Licensed: 16 Years

CONTACT

421 S Ripley Blvd, Alpena, MI 49707

Michelle Lynn Elowski

Real Estate, Traffic, Family Law, Divorce & Family Law, DUI-DWI

Status: In Good Standing Licensed: 14 Years

CONTACT

1100 W Chisholm St, Alpena, MI 49707

800-923-0641

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LEGAL TERMS

LIQUIDATING PARTNER

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

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

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.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

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.

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Presque Isle Bankruptcy & Debt Lawyer, Michigan, page 3

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Keith D. Wallace

Theodore O. Johnson

William S. Smigelski

Douglas A. Kowalski

Michael G. Mack

John F. Kowalski

Robert B. Kane

David M. Funk

Cristie A. Vanmassenhove

Michelle Lynn Elowski

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LEGAL TERMS

LIQUIDATING PARTNER

BULK SALES LAW

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

ACCORD AND SATISFACTION

WORKOUT

SUBROGATION

GRACE PERIOD

INTEREST

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