Atlantic Mine Bankruptcy & Debt Lawyer, Michigan

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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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Matthew Charles Eliason

Estate, Consumer Rights, Civil & Human Rights, Business

Status: In Good Standing Licensed: 16 Years

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400 Quincy, Hancock, MI 49930

Matthew Eliason

Estate, Consumer Rights, Civil & Human Rights, Business, Criminal

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Roger S. Helman

Real Estate, Litigation, Estate Planning, Estate

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Keith Warren Deforge

Divorce & Family Law, Criminal, Traffic, Personal Injury, Wills & Probate

Status: In Good Standing Licensed: 12 Years

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400 E Houghton Ave, Houghton, MI 49931

Kevin L. Mackey

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Status: In Good Standing Licensed: 20 Years

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200 Michigan St, Hancock, MI 49930

Lauren Michelle Letto

DUI-DWI, Criminal

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Roberto Joaquin Escobar

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David M. Gemignani

Family Law, Divorce & Family Law, Criminal, Business

Status: In Good Standing Licensed: 37 Years

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Brittany Anne Bulleit

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401 E Houghton Ave, Dodgeville, MI 49931

Frederick N. Johnson

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Status: In Good Standing Licensed: 60 Years

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1128 Quincy Cove Rd, Houghton, MI 49931

800-923-0641

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LEGAL TERMS

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

FCBA

See Fair Credit Billing Act.

CCCS

See Consumer Credit Counseling Service.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

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.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

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Atlantic Mine Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Matthew Charles Eliason

Matthew Eliason

Roger S. Helman

Keith Warren Deforge

Kevin L. Mackey

Lauren Michelle Letto

Roberto Joaquin Escobar

David M. Gemignani

Brittany Anne Bulleit

Frederick N. Johnson

TIPS

LEGAL TERMS

CREDIT INSURANCE

BANKRUPTCY TRUSTEE

FCBA

CCCS

LIMITED PARTNERSHIP

BULK SALES LAW

TOXIC TORT

GENERAL PARTNER

MEANS TEST

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