Houghton 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 Houghton Bankruptcy & Debt lawyer.
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Matthew Charles Eliason

Estate, Consumer Rights, Civil & Human Rights, Business

Status: In Good Standing Licensed: 16 Years

CONTACT

400 Quincy, Hancock, MI 49930

Duncan Hwang

General Practice

Status: Inactive Licensed: 16 Years

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44418 Old 41 Rd, Chassell, MI 49916

Matthew Eliason

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

Status: In Good Standing Licensed: 16 Years

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400 Quincy, Hancock, MI 49930

Keith Warren Deforge

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

Status: In Good Standing Licensed: 11 Years

CONTACT

400 E Houghton Ave, Houghton, MI 49931

Roger S. Helman

Real Estate, Litigation, Estate Planning, Estate

Status: In Good Standing

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216 Quincy St, Hancock, MI 49930

Andrew Miles

Freedom of Religion

Status: In Good Standing Licensed: 12 Years

CONTACT

112 S Hecla St, Calumet, MI 49913

Susanna Peters

General Practice

Status: In Good Standing Licensed: 33 Years

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1400 Townsend Dr, Dodgeville, MI 49931

Paul Alfred Labine

General Practice

Status: In Good Standing Licensed: 18 Years

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Hancock, MI 49930

Roberto Joaquin Escobar

General Practice

Status: In Good Standing Licensed: 23 Years

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405 Bridge St, Dodgeville, MI 49931

Susanna Peters

General Practice

Status: In Good Standing Licensed: 33 Years

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1400 Townsend Dr, Dodgeville, MI 49931

800-923-0641

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LEGAL TERMS

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.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

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.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

FDCPA

See Fair Debt Collections & Practices Act.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

Houghton County, MI Bankruptcy & Debt Lawyers

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Matthew Charles Eliason

Duncan Hwang

Matthew Eliason

Keith Warren Deforge

Roger S. Helman

Andrew Miles

Susanna Peters

Paul Alfred Labine

Roberto Joaquin Escobar

Susanna Peters

TIPS

LEGAL TERMS

WINDING UP

CREDIT COUNSELING

GRACE PERIOD

SECURED DEBT

COLLECTION AGENCY

FDCPA

CURRENT MONTHLY INCOME

LIABILITY

FCBA

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