Ironwood 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.
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Not enough matches for Ironwood Reorganization lawyer.
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David P. Morzenti

General Practice

Status: Licensed: 46 Years

CONTACT

212 E Aurora St, Ironwood, MI 49938

Marvin E. Marks

General Practice

Status: Licensed: 43 Years

CONTACT

337 E Ayer St, Ironwood, MI 49938

Terence W. Douglass

Family Law

Status: Licensed: 32 Years

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240 E Michigan Ave, Ironwood, MI 49938

Ronald E. Jacquart

International, Wills & Probate, Estate, Employment

Status: Licensed: 55 Years

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1238 Wall St, Ironwood, MI 49938

William G. Cloon

General Practice

Status: Licensed: 70 Years

CONTACT

125 W Francis St, Ironwood, MI 49938

Lisa F. Kinney

Workers' Compensation, Employment

Status: Licensed: 36 Years

CONTACT

1439 E Cloverland Dr, Ironwood, MI 49938

Rudolph F. Perhalla

Child Custody, Felony, Insurance, Personal Injury

Status: Licensed: 38 Years

CONTACT

1441 E Cloverland Dr, Ironwood, MI 49938

Dennis Cossi

General Practice

Status: Licensed: 52 Years

CONTACT

4860 Slade Rd, Ironwood, MI 49938

Dennis A. Cossi

General Practice

Status: Licensed: 52 Years

CONTACT

E4860 Slade Rd, Ironwood, MI 49938

John Oscar Medved

Divorce & Family Law, Criminal, Accident & Injury

Status: Licensed: 19 Years

CONTACT

317 N Lake St, Ironwood, MI 49938

800-814-6700

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LEGAL TERMS

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.

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.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

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 TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

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.

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.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

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Ironwood Reorganization Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

David P. Morzenti

Marvin E. Marks

Terence W. Douglass

Ronald E. Jacquart

William G. Cloon

Lisa F. Kinney

Rudolph F. Perhalla

Dennis Cossi

Dennis A. Cossi

John Oscar Medved

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LEGAL TERMS

FAIR LABOR STANDARDS ACT (FLSA)

DISCHARGEABLE DEBTS

WORKOUT

PREFERENCE

BANKRUPTCY TRUSTEE

PRESUMED ABUSE

ACCORD AND SATISFACTION

CREDIT COUNSELING

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

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