Grand Marais 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 Grand Marais Reorganization 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

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.

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.

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.

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.

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.

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.

DEBIT CARD

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can ... (more...)

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can also be used at stores to pay for goods and services in place of a check. Unlike a credit card, a debit card automatically withdraws money from your checking account at the time of the transaction. Debit cards are regulated by the Electronic Funds Transfer Act.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

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Grand Marais Reorganization 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

WORKOUT

GRACE PERIOD

PREFERENCE

MEANS TEST

CHAPTER 7 BANKRUPTCY

PRESUMED ABUSE

DEBIT CARD

GARNISHMENT

REDEMPTION

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