Bay 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.
2. AboutExperienced Michigan Lawyer
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Not enough matches for Bay Reorganization lawyer.
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Joseph J. Blata

Criminal, Traffic, Administrative Law, Divorce & Family Law, Accident & Injury

Status: In Good Standing Licensed: 15 Years

FREE CONSULTATION

CONTACT

100 W. Midland Street, Bay City, MI 48706

Mark J. Brissette

Accident & Injury, Divorce & Family Law, Litigation, Real Estate, Estate

Status: In Good Standing Licensed: 48 Years

CONTACT

900 Center Ave, Bay City, MI 48708

Daniel M. Wood

Federal Appellate Practice, Estate Planning, Family Law, Elder Law

Status: In Good Standing Licensed: 27 Years

CONTACT

721 Washington Ave, Bay City, MI 48708

Jessie Scott Wood

Federal Appellate Practice, Estate Planning, Employee Rights, Family Law

Status: In Good Standing

CONTACT

721 Washington Ave, Bay City, MI 48708

Jason P. Gower

Criminal, Business, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 18 Years

CONTACT

514 E Midland St, Bay City, MI 48706

Aaron Arthur Hetherington

Traffic, Litigation, Medical Products & Devices, Family Law

Status: In Good Standing Licensed: 10 Years

CONTACT

1230 Washington Ave, Bay City, MI 48708

Brian Harold Jean

Estate, Criminal, Civil Rights, Personal Injury, Estate Planning

Status: In Good Standing Licensed: 15 Years

CONTACT

3906 N Euclid Ave, Bay City, MI 48706

Richard C. Learman

Trusts, Estate Planning, Estate, Criminal

Status: In Good Standing

CONTACT

800 Washington Ave, Bay City, MI 48708

Guy R. Greve

Other, Estate Planning, Insurance, Personal Injury

Status: In Good Standing

CONTACT

817 Washington Ave, Bay City, MI 48708

Alan R. Sullivan

Power of Attorney, Tax, Real Estate, Motor Vehicle

Status: In Good Standing

CONTACT

900 Washington Ave, Bay City, MI 48708

800-923-0641

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LEGAL TERMS

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.

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.

DEBT COLLECTOR

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe... (more...)

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe. Debt collectors can be relentless, often using scare tactics, humiliation and repeated phone calls to extract payments or promises to pay.

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

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.

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.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

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.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

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Bay County, MI Reorganization Lawyers

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Joseph J. Blata

Mark J. Brissette

Daniel M. Wood

Jessie Scott Wood

Jason P. Gower

Aaron Arthur Hetherington

Brian Harold Jean

Richard C. Learman

Guy R. Greve

Alan R. Sullivan

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LEGAL TERMS

S CORPORATION

CREDIT COUNSELING

DEBT COLLECTOR

GRACE PERIOD

401(K) PLAN

SECURED DEBT

CURRENT MONTHLY INCOME

MEETING OF CREDITORS

REAFFIRMATION

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