Shingleton Workout 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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Mark E. Luoma

Government, Criminal

Status: In Good Standing Licensed: 45 Years

CONTACT

202 Cleveland Ave, Munising, MI 49862

Skip D. Barnett

Divorce & Family Law

Status: In Good Standing Licensed: 20 Years

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E9841 Kinston Dr, Munising, MI 49862

Robb D. Ferguson

Estate Planning, Real Estate, Government

Status: In Good Standing Licensed: 44 Years

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Munising, MI 49862

Timothy L. Hass

General Practice

Status: Inactive Licensed: 51 Years

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1000 W State Highway M28, Munising, MI 49862

Charles E. Nebel

Social Security, Workers' Compensation, Employment, Elder Law

Status: In Good Standing Licensed: 59 Years

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100 E Superior St, Munising, MI 49862

Kirt L. Harmon

Real Estate, Estate Planning, Family Law, Bankruptcy

Status: In Good Standing Licensed: 29 Years

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200 W Munising Ave, Munising, MI 49862

Raoul D. Revord

Other, Government, Criminal, Family Law

Status: In Good Standing Licensed: 52 Years

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N3253 Buckhorn Rd, Wetmore, MI 49895

Peter J. Hollenbeck

Real Estate

Status: Inactive Licensed: 48 Years

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7906 W Island Lake Rd, Manistique, MI 49854

Kyungmin Park

General Practice

Status: In Good Standing Licensed: 17 Years

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E9611 S Town Line Lake Rd, Wetmore, MI 49895

William A. Werner

General Practice

Status: Inactive Licensed: 61 Years

CONTACT

N6364 Knox St, Munising, MI 49862

800-923-0641

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LEGAL TERMS

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

FDCPA

See Fair Debt Collections & Practices Act.

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.

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.

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.

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.

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

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Shingleton Workout Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Mark E. Luoma

Skip D. Barnett

Robb D. Ferguson

Timothy L. Hass

Charles E. Nebel

Kirt L. Harmon

Raoul D. Revord

Peter J. Hollenbeck

Kyungmin Park

William A. Werner

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LEGAL TERMS

C CORPORATION

TRADE NAME

FRAUDULENT TRANSFER

FDCPA

WINDING UP

NO-FAULT INSURANCE

PREFERENCE

BANKRUPTCY

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

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