Gladwin County, MI Bankruptcy & Debt 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.
2. AboutExperienced Michigan Lawyer
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Not enough matches for Gladwin Bankruptcy & Debt lawyer.
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William A. Siebert

Criminal, Business, Real Estate

Status: In Good Standing Licensed: 44 Years

CONTACT

740 N Silverleaf St, Gladwin, MI 48624

Kimberly Fink

General Practice

Status: In Good Standing

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Gladwin, MI 48624

Rebecca Kreisher

Estate Planning, Elder Law

Status: In Good Standing

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Gladwin, MI 48624

Rebecca Kreisher

Estate Planning, Elder Law

Status: In Good Standing

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Gladwin, MI 48624

Robert C. Beltz

Personal Injury, Gaming & Alcohol, Litigation

Status: In Good Standing Licensed: 63 Years

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5754 S Dundas Rd, Beaverton, MI 48612

Kurt N. Hansen

Real Estate, Agriculture, Industry Specialties, Divorce & Family Law

Status: In Good Standing Licensed: 52 Years

CONTACT

Gladwin, MI 48624

Kimberly A. Dillman

Estate, Contract, Bankruptcy, Child Custody, Estate Planning

Status: In Good Standing Licensed: 20 Years

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Gladwin, MI 48624

Aaron W. Miller

General Practice

Status: In Good Standing Licensed: 19 Years

CONTACT

401 W Cedar Ave, Gladwin, MI 48624

Louis J. Willford

Estate

Status: In Good Standing Licensed: 55 Years

CONTACT

127 N Arcade St, Gladwin, MI 48624

Michael A. Rajt

Reinsurance, Business, Accident & Injury

Status: In Good Standing Licensed: 48 Years

CONTACT

4769 Sylvan Grove Dr, Gladwin, MI 48624

800-923-0641

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LEGAL TERMS

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

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.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

NO-FAULT INSURANCE

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain ... (more...)

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain amount, regardless of who was at fault. The effect of no-fault insurance laws is to eliminate lawsuits in small accidents. The advantage is the prompt payment of medical bills and expenses. The downsides are that the amounts paid by no-fault policies are often not enough to fully cover a person's losses and that no-fault does not compensate for pain and suffering.

SECRET WARRANTY PROGRAM

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid... (more...)

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid a recall and the accompanying bad press. Secret warranties are rarely advertised by the manufacturer, so consumers must pursue the manufacturer to discover and take advantage of them. A few states require manufacturers to notify car buyers when they adopt secret warranty programs.

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

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Gladwin County, MI Bankruptcy & Debt Lawyers

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

William A. Siebert

Kimberly Fink

Rebecca Kreisher

Rebecca Kreisher

Robert C. Beltz

Kurt N. Hansen

Kimberly A. Dillman

Aaron W. Miller

Louis J. Willford

Michael A. Rajt

TIPS

LEGAL TERMS

CREDIT REPORT

SOLE PROPRIETORSHIP

DISPOSABLE INCOME

NO-FAULT INSURANCE

SECRET WARRANTY PROGRAM

DOING BUSINESS AS (DBA)

IRS EXPENSES

CHAPTER 7 BANKRUPTCY

WINDING UP

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