Grand Marais Collection 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.
2. AboutExperienced Michigan Lawyer
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Not enough matches for Grand Marais Collection lawyer.
Below are all Grand Marais lawyers.

Thomas K. Kahn

General Practice

Status: Inactive Licensed: 57 Years

CONTACT

25282 County Road 464, Mc Millan, MI 49853

Mark E. Luoma

Government, Criminal

Status: In Good Standing Licensed: 44 Years

CONTACT

202 Cleveland Ave, Munising, MI 49862

Skip D. Barnett

Divorce & Family Law

Status: In Good Standing Licensed: 20 Years

CONTACT

E9841 Kinston Dr, Munising, MI 49862

Robb D. Ferguson

Estate Planning, Real Estate, Government

Status: In Good Standing Licensed: 44 Years

CONTACT

Munising, MI 49862

Timothy L. Hass

General Practice

Status: Inactive Licensed: 51 Years

CONTACT

1000 W State Highway M28, Munising, MI 49862

Kirt L. Harmon

Real Estate, Estate Planning, Family Law, Bankruptcy

Status: In Good Standing Licensed: 29 Years

CONTACT

200 W Munising Ave, Munising, MI 49862

Charles E. Nebel

Social Security, Workers' Compensation, Employment, Elder Law

Status: In Good Standing Licensed: 59 Years

CONTACT

100 E Superior St, Munising, MI 49862

Kenneth B. McConnell

General Practice

Status: Inactive Licensed: 70 Years

CONTACT

5783 County Road 413, Mc Millan, MI 49853

Peter J. Hollenbeck

Real Estate

Status: Inactive Licensed: 48 Years

CONTACT

7906 W Island Lake Rd, Manistique, MI 49854

Brian Daniel Rahilly

Estate Planning, Family Law, Criminal, Business, Real Estate

Status: In Good Standing Licensed: 14 Years

CONTACT

11Th Circuit Court, Manistique, MI 49854

800-923-0641

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LEGAL TERMS

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.

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.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

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.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

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Grand Marais Collection Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Thomas K. Kahn

Mark E. Luoma

Skip D. Barnett

Robb D. Ferguson

Timothy L. Hass

Kirt L. Harmon

Charles E. Nebel

Kenneth B. McConnell

Peter J. Hollenbeck

Brian Daniel Rahilly

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LEGAL TERMS

WINDING UP

BANKRUPTCY TRUSTEE

ADMINISTRATIVE EXPENSES

IRS EXPENSES

DISPOSABLE INCOME

DEFINED CONTRIBUTION PLAN

SOLE PROPRIETORSHIP

CHAPTER 13 BANKRUPTCY

UNDUE HARDSHIP

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