Chippewa County, MI Reorganization 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.
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Not enough matches for Chippewa Reorganization lawyer.
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Will Lucius

Estate Planning, Trusts, Wills & Probate, Medicare & Medicaid

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128 W. Spruce St., Sault Sainte Marie, MI 49783

John R. Wernet

Native People

Status: Licensed: 50 Years

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111 Waterfront Pl, Sault Sainte Marie, MI 49783

Daniel Reid Casey

Criminal, Civil & Human Rights

Status: Licensed: 14 Years

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1600 Minneapolis St, Sault Sainte Marie, MI 49783

Gayla J. Palmer

Immigration, Family Law

Status: Licensed: 30 Years

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200 E 13Th Ave, Sault Sainte Marie, MI 49783

Elizabeth Biolette Church

Estate Planning, Estate, Criminal

Status: Licensed: 33 Years

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325 Court St, Sault Sainte Marie, MI 49783

Jennifer J. France

Government, Criminal

Status: Licensed: 22 Years

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Sault Sainte Marie, MI 49783

Jillian A. Sadler

General Practice

Status: Licensed: 12 Years

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325 Court St, Sault Sainte Marie, MI 49783

Eric G. Blubaugh

Divorce & Family Law, Children's Rights

Status: Licensed: 29 Years

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325 Court St, Sault Sainte Marie, MI 49783

Michael T. Veum

Real Estate, Estate Planning, Estate, Civil & Human Rights

Status: Licensed: 26 Years

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216 Ashmun St, Sault Sainte Marie, MI 49783

Leanne Barnes Deuman

Estate Planning, Estate, Family Law, Divorce & Family Law

Status:

CONTACT

216 Ashmun St, Sault Sainte Marie, MI 49783

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LEGAL TERMS

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

FDCPA

See Fair Debt Collections & Practices Act.

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.

NONPROFIT CORPORATION

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or f... (more...)

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or for some public purpose (such as a hospital, environmental organization or literary society). Nonprofit corporations, despite the name, can make a profit, but the business cannot be designed primarily for profit-making purposes, and the profits must be used for the benefit of the organization or purpose the corporation was created to help. When a nonprofit corporation dissolves, any remaining assets must be distributed to another nonprofit, not to board members. As with for-profit corporations, directors of nonprofit corporations are normally shielded from personal liability for the organization's debts. Some nonprofit corporations qualify for a federal tax exemption under _ 501(c)(3) of the Internal Revenue Code, with the result that contributions to the nonprofit are tax deductible by their donors.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

COLLATERAL

Property that guarantees payment of a secured 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.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

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Chippewa County, MI Reorganization Lawyers

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Will Lucius

John R. Wernet

Daniel Reid Casey

Gayla J. Palmer

Elizabeth Biolette Church

Jennifer J. France

Jillian A. Sadler

Eric G. Blubaugh

Michael T. Veum

Leanne Barnes Deuman

TIPS

LEGAL TERMS

FAIR CREDIT REPORTING ACT (FCRA)

CREDITOR

FDCPA

BANKRUPTCY

NONPROFIT CORPORATION

LIMITED LIABILITY

COLLATERAL

SUBROGATION

ACCORD AND SATISFACTION

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