Posen 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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John R. Poch

Elder Law, Estate Planning, Real Estate

Status: In Good Standing Licensed: 50 Years

CONTACT

9000 E Grand Lake Rd, Presque Isle, MI 49777

Charles T. Smith

General Practice

Status: In Good Standing Licensed: 36 Years

CONTACT

11753 Bell Bay Rd, Presque Isle, MI 49777

Margaret J. Ricker

General Practice

Status: In Good Standing Licensed: 34 Years

CONTACT

13934 Parallel Ave, Alpena, MI 49707

Judith A. Twarozynski

Federal Appellate Practice, Divorce, Business, Insurance

Status: In Good Standing Licensed: 26 Years

CONTACT

617 W Chisholm St, Alpena, MI 49707

Annie M. Schaefer

General Practice

Status: In Good Standing Licensed: 29 Years

CONTACT

Alpena, MI 49707

David S. Bisgrove

Government

Status: In Good Standing Licensed: 44 Years

CONTACT

110 N Third Ave, Alpena, MI 49707

Donald J. Dowling

Criminal

Status: In Good Standing Licensed: 42 Years

CONTACT

617 W Chisholm St, Alpena, MI 49707

Russell L. Rhynard

Divorce & Family Law, Children's Rights

Status: In Good Standing Licensed: 49 Years

CONTACT

315 Par Dr, Alpena, MI 49707

William S. Smigelski

Other, Real Estate, Estate Planning, Family Law

Status: In Good Standing

CONTACT

1190 Pebble St, Alpena, MI 49707

Donald J. Mclennan

Government, Environmental Law, Criminal, Consumer Bankruptcy

Status: In Good Standing Licensed: 47 Years

CONTACT

377 E Woodward Ave, Rogers City, MI 49779

800-923-0641

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LEGAL TERMS

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

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.

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.

FAIR CREDIT BILLING ACT (FCBA)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days af... (more...)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days after it mailed the bill to you. The company must then correct the mistake, or at least acknowledge receipt of your letter within 30 days, and must correct the error within 90 days or explain why it believes the credit card statement is correct.

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.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

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.

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Posen Reorganization Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

John R. Poch

Charles T. Smith

Margaret J. Ricker

Judith A. Twarozynski

Annie M. Schaefer

David S. Bisgrove

Donald J. Dowling

Russell L. Rhynard

William S. Smigelski

Donald J. Mclennan

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LEGAL TERMS

ABUSE

FAIR LABOR STANDARDS ACT (FLSA)

LIABILITY

CURRENT MONTHLY INCOME

FAIR CREDIT BILLING ACT (FCBA)

SECURED DEBT

SUBROGATION

CREDIT BUREAU

GENERAL PARTNER

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