Saint Clair 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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David R. Heyboer

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Criminal, DUI-DWI, Bankruptcy & Debt, Personal Injury, Real Estate

When you've been arrested and facing criminal charges, there can be serious consequences for you and your family. Don't face your criminal charges alo... (more)

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800-953-6751

3051 Commerce Drive, Fort Gratiot, MI 48059

Antoine (Tony) F. Houle

Government Agencies, Social Security -- Disability

Status:

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234 Huron Avenue, Port Huron, MI 48060

Richard Swensen

General Practice

Status: Licensed: 47 Years

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131 Venetian Way, Algonac, MI 48001

Joseph H. Mckoan

Real Estate, Estate Planning, Family Law, Divorce

Status: Licensed: 29 Years

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9453 Elizabeth Street, Algonac, MI 48001

Dan L. Degrow

Environmental Law, Employment, Business

Status: Licensed: 47 Years

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2710 Whitney Pl, Fort Gratiot, MI 48059

Norman D. Beauchamp

International Tax, International, Business & Trade

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2975 Sandy Oaks Ln, Fort Gratiot, MI 48059

Susan L. Kreis

Health Care Other, Health Care

Status: Licensed: 36 Years

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5556 Lakeshore Rd, Fort Gratiot, MI 48059

Michael D. Heyboer

Divorce & Family Law, Children's Rights, Criminal

Status: Licensed: 14 Years

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3051 Commerce Dr, Fort Gratiot, MI 48059

Kenneth M. Lord

Criminal

Status: Licensed: 46 Years

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8726 Lakeshore Rd, Fort Gratiot, MI 48059

Joshua D. Deegan

General Practice

Status: Licensed: 23 Years

CONTACT

8390 Lakeshore Rd, Fort Gratiot, MI 48059

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LEGAL TERMS

FCBA

See Fair Credit Billing Act.

CREDIT FILE

See credit report.

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.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

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.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

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Saint Clair County, MI Reorganization Lawyers

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

David R. Heyboer

Antoine (Tony) F. Houle

Richard Swensen

Joseph H. Mckoan

Dan L. Degrow

Norman D. Beauchamp

Susan L. Kreis

Michael D. Heyboer

Kenneth M. Lord

Joshua D. Deegan

TIPS

LEGAL TERMS

FCBA

CREDIT FILE

LIMITED LIABILITY

S CORPORATION

401(K) PLAN

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

MEETING OF CREDITORS

DISCHARGE (OF DEBTS)

TRUTH IN LENDING ACT (TILA)

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