Antrim County, MI Workout Lawyers

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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 Antrim Workout lawyer.
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Patrick D. Brady

General Practice

Status: In Good Standing Licensed: 45 Years

CONTACT

14748 Williams Dr, Elk Rapids, MI 49629

David R. Munroe

Other, Lawsuit & Dispute, Employment, Administrative Law

Status: In Good Standing Licensed: 58 Years

CONTACT

4762 Creekside, Bellaire, MI 49615

Carole E. Brady

Government

Status: In Good Standing Licensed: 46 Years

CONTACT

14748 Williams Dr, Elk Rapids, MI 49629

Bryan E. Graham

Limited Liability Companies, Business, Government

Status: In Good Standing Licensed: 41 Years

CONTACT

104 E Forrest Home Ave, Bellaire, MI 49615

Barry L. Cole

Landlord-Tenant, Motor Vehicle, Lawsuit & Dispute, Government

Status: In Good Standing Licensed: 43 Years

CONTACT

602 E Cayuga St, Bellaire, MI 49615

Charles H. Koop

Criminal, Child Custody

Status: Inactive Licensed: 48 Years

CONTACT

Bellaire, MI 49615

Stacey L. Truesdell

Family Law, Divorce & Family Law, Children's Rights, Criminal

Status: In Good Standing Licensed: 35 Years

CONTACT

Elk Rapids, MI 49629

James L. Rossiter

Criminal

Status: In Good Standing Licensed: 22 Years

CONTACT

205 E Cayuga St, Bellaire, MI 49615

David J. Reck

General Practice

Status: In Good Standing Licensed: 51 Years

CONTACT

205 E Cayuga St, Bellaire, MI 49615

Peter R. Wendling

Real Estate, Estate Planning, Criminal, Elder Law

Status: In Good Standing Licensed: 31 Years

CONTACT

104 E Forrest Home Ave, Bellaire, MI 49615

800-923-0641

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LEGAL TERMS

CREDIT FILE

See credit report.

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

LIQUIDATING PARTNER

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

FCRA

See Fair Credit Reporting Act.

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.

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

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Antrim County, MI Workout Lawyers

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Patrick D. Brady

David R. Munroe

Carole E. Brady

Bryan E. Graham

Barry L. Cole

Charles H. Koop

Stacey L. Truesdell

James L. Rossiter

David J. Reck

Peter R. Wendling

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LEGAL TERMS

CREDIT FILE

SOLE PROPRIETORSHIP

S CORPORATION

LIQUIDATING PARTNER

FCRA

BULK SALES LAW

TRADE DRESS

PRESUMED ABUSE

DEFINED CONTRIBUTION PLAN

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