Onondaga Bankruptcy & Debt Lawyer, Michigan, page 4

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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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Larry William Schlusler

Administrative Law, Bankruptcy, Workers' Compensation, Social Security

Status: In Good Standing

CONTACT

3625 Whispering Woods Dr, Jackson, MI 49201

Jaelle Mackenzie Richardson

Family Law, Collection, Gay & Lesbian Rights, Criminal

Status: In Good Standing

CONTACT

4386 Scott Carpenter Dr, Jackson, MI 49201

Michelle L. Marrs

Bankruptcy & Debt, Credit & Debt, Divorce & Family Law, Reorganization, Lawsuit & Dispute

Status: In Good Standing

FREE CONSULTATION

CONTACT

209 E Washington, Jackson, MI 49201

Nicole M. Smithson

Juvenile Law, Landlord-Tenant, Family Law, Credit & Debt

Status: In Good Standing Licensed: 25 Years

CONTACT

611 W Ottawa St, Lansing, MI 48933

Geoffrey T. Pavlic

Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 29 Years

CONTACT

200 N Grand Ave, Lansing, MI 48933

Heather A. Smith

Other, Government, Civil & Human Rights, Bankruptcy

Status: In Good Standing Licensed: 25 Years

CONTACT

200 N Grand Ave, Lansing, MI 48933

David W. Towne

Landlord-Tenant, Family Law, Contract, Collection

Status: In Good Standing Licensed: 22 Years

CONTACT

425 W Ottawa St, Lansing, MI 48933

Julie A. Petrik

Litigation, Class Action, Labor Law, Credit & Debt

Status: In Good Standing Licensed: 32 Years

CONTACT

525 W Allegan St, Lansing, MI 48933

Gina M. Torielli

International Tax, Gift Taxation, Limited Liability Companies, Reorganization

Status: In Good Standing Licensed: 33 Years

CONTACT

201 Townsend Street, Lansing, MI 48933

Kurt E. Hetke

Consumer Bankruptcy

Status: In Good Standing Licensed: 34 Years

CONTACT

2517 E Mount Hope Ave, Lansing, MI 48910

800-923-0641

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LEGAL TERMS

FCBA

See Fair Credit Billing Act.

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.

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.

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

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.

TRADE NAME

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

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

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Onondaga Bankruptcy & Debt Lawyer, Michigan, page 4

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Larry William Schlusler

Jaelle Mackenzie Richardson

Michelle L. Marrs

Nicole M. Smithson

Geoffrey T. Pavlic

Heather A. Smith

David W. Towne

Julie A. Petrik

Gina M. Torielli

Kurt E. Hetke

TIPS

LEGAL TERMS

FCBA

SECURED DEBT

WINDING UP

TRADE DRESS

PRESUMED ABUSE

TRADE NAME

IRS EXPENSES

CHAPTER 7 BANKRUPTCY

MEANS TEST

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