Chassell Reorganization 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.
2. AboutExperienced Michigan Lawyer
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Not enough matches for Chassell Reorganization lawyer.
Below are all Chassell lawyers.

Duncan Hwang

General Practice

Status: Inactive Licensed: 16 Years

CONTACT

44418 Old 41 Rd, Chassell, MI 49916

Keith Warren Deforge

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

Status: In Good Standing Licensed: 12 Years

CONTACT

400 E Houghton Ave, Houghton, MI 49931

Susanna Peters

General Practice

Status: In Good Standing Licensed: 33 Years

CONTACT

1400 Townsend Dr, Dodgeville, MI 49931

Brittany Anne Bulleit

Criminal

Status: In Good Standing Licensed: 16 Years

CONTACT

401 E Houghton Ave, Dodgeville, MI 49931

David M. Gemignani

Family Law, Divorce & Family Law, Criminal, Business

Status: In Good Standing Licensed: 37 Years

CONTACT

1221 Schoolhouse Dr, Dodgeville, MI 49931

Frederick N. Johnson

Real Estate

Status: In Good Standing Licensed: 60 Years

CONTACT

1128 Quincy Cove Rd, Houghton, MI 49931

Susanna Peters

General Practice

Status: In Good Standing Licensed: 33 Years

CONTACT

1400 Townsend Dr, Dodgeville, MI 49931

Susanna Peters

General Practice

Status: In Good Standing Licensed: 33 Years

CONTACT

1400 Townsend Dr, Dodgeville, MI 49931

Mark A. Wisti

Lawsuit & Dispute, Health Care, Criminal

Status: In Good Standing Licensed: 38 Years

CONTACT

107 W Baraga Ave, Dodgeville, MI 49931

David R Mechlin

Real Estate, Wills & Probate, Trusts, Employment

Status: In Good Standing Licensed: 57 Years

CONTACT

400 E Houghton Ave, Houghton, MI 49931

800-923-0641

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LEGAL TERMS

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

DEBT COLLECTOR

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe... (more...)

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe. Debt collectors can be relentless, often using scare tactics, humiliation and repeated phone calls to extract payments or promises to pay.

CREDIT FILE

See credit report.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

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Chassell Reorganization Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Duncan Hwang

Keith Warren Deforge

Susanna Peters

Brittany Anne Bulleit

David M. Gemignani

Frederick N. Johnson

Susanna Peters

Susanna Peters

Mark A. Wisti

David R Mechlin

TIPS

LEGAL TERMS

CHAPTER 13 BANKRUPTCY

401(K) PLAN

DEBT COLLECTOR

CREDIT FILE

LIMITED LIABILITY

BANKRUPTCY

REDEMPTION

FAIR CREDIT REPORTING ACT (FCRA)

PREFERENCE

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