Sterling Heights Bankruptcy & Debt Lawyer, Michigan, page 3

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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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Joseph Peter Ciaramitaro

Estate, Contract, Business, Bankruptcy & Debt

Status: In Good Standing

FREE CONSULTATION

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42850 Garfield, Clinton Twp, MI 48038

Fatima Mansour

Antitrust, Estate Planning, Consumer Bankruptcy, Administrative Law

Status: In Good Standing

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1361 E Big Beaver Rd, Troy, MI 48083

Fred L. Gibson

Traffic, Employee Rights, Civil Rights, Collection, Defamation & Slander

Status: In Good Standing

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17001 19 Mile Rd, Clinton Township, MI 48038

Joshua B. Sanfield

Education, Social Security, Estate, Bankruptcy & Debt, Car Accident

Status: In Good Standing Licensed: 21 Years

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28850 Mound Rd, Warren, MI 48092

William D. Johnson

Real Estate, Litigation, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

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8900 E 13 Mile Rd, Warren, MI 48093

Fadi F. Toma

Sales & Use Tax, Commercial Real Estate, Corporate, Commercial Bankruptcy

Status: In Good Standing Licensed: 20 Years

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8424 E 12 Mile Rd, Warren, MI 48093

John Anthony Schipper

Employment, Labor Law, Administrative Law, Credit & Debt, Workers' Compensation

Status: In Good Standing

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200 E Big Beaver Rd, Troy, MI 48083

Caridad Pastor Cardinale

International, Immigration, Civil Rights, Bankruptcy

Status: In Good Standing Licensed: 36 Years

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575 E Big Beaver Rd, Troy, MI 48083

Susanna Celeste Brennan

Civil Rights, Credit & Debt, Bankruptcy

Status: Inactive Licensed: 22 Years

CONTACT

1441 E Maple Rd, Troy, MI 48083

Patrick Edward Cahill

Traffic, Trusts, Adoption, Collection

Status: In Good Standing Licensed: 15 Years

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28755 Schoenherr Rd, Warren, MI 48088

800-923-0641

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LEGAL TERMS

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

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.

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

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.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

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.

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.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

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Sterling Heights Bankruptcy & Debt Lawyer, Michigan, page 3

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Joseph Peter Ciaramitaro

Fatima Mansour

Fred L. Gibson

Joshua B. Sanfield

William D. Johnson

Fadi F. Toma

John Anthony Schipper

Caridad Pastor Cardinale

Susanna Celeste Brennan

Patrick Edward Cahill

TIPS

LEGAL TERMS

LIMITED PARTNERSHIP

SOLE PROPRIETORSHIP

HOUSEHOLDER

ADMINISTRATIVE EXPENSES

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

FRATERNAL BENEFIT SOCIETY BENEFITS

FAIR CREDIT BILLING ACT (FCBA)

CHAPTER 13 BANKRUPTCY

DISCHARGEABLE DEBTS

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