Otsego 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 Otsego Reorganization lawyer.
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Michael J. Willis

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Bankruptcy & Debt, Wills & Probate, Contract, Elder Law, Estate Planning

Dedicated to Excellence in Client Service

Michael Willis founded this firm with his brother, Shaun Patrick Willis. Their father, Hon. Frank D. Willis, is the probate judge for Van Buren Count... (more)

FREE CONSULTATION

CONTACT

800-909-2450

491 W South St, Kalamazoo, MI 49007

Jeffrey J Dufon

Traffic, Bankruptcy, White Collar Crime, DUI-DWI

Status: In Good Standing

FREE CONSULTATION

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480 West Lovell Street, Kalamazoo, MI 49007

Fredrick Walter Jensen

Trusts, DUI-DWI, Elder Law, Credit & Debt

Status: In Good Standing

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126 Locust St, Allegan, MI 49010

Kristin K. E. Marschner

Estate Planning, Labor Law, Administrative Law, Credit & Debt

Status: In Good Standing Licensed: 17 Years

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6942 Asher Trl, Kalamazoo, MI 49009

Imants M. Minka

Litigation, Estate Planning, Business, Consumer Bankruptcy

Status: In Good Standing

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5985 W Main St, Kalamazoo, MI 49009

John D. Bradshaw

Election & Political, Business, Collection, Consumer Bankruptcy

Status: In Good Standing Licensed: 39 Years

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107 W Michigan Ave, Kalamazoo, MI 49005

Donald L. R. Roberts

Lawsuit & Dispute, Gift Taxation, Elder Law, Consumer Bankruptcy

Status: In Good Standing Licensed: 39 Years

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201 W Kalamazoo Ave, Kalamazoo, MI 49007

Rachel Renee Suhrbier

Family Law, Divorce & Family Law, Consumer Rights, Consumer Bankruptcy

Status: In Good Standing Licensed: 11 Years

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151 S Rose St, Kalamazoo, MI 49007

Andrew J. Vorbrich

Sales & Use Tax, Estate Planning, Contract, Collection

Status: In Good Standing

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151 S Rose St, Kalamazoo, MI 49007

Thomas G. King

Foreclosure, International Tax, Banking & Finance, Collection

Status: In Good Standing Licensed: 43 Years

CONTACT

One Moorsbridge, Kalamazoo, MI 49003

800-923-0641

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LEGAL TERMS

FDCPA

See Fair Debt Collections & Practices Act.

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.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

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.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

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.

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Otsego Reorganization Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Michael J. Willis

Jeffrey J Dufon

Fredrick Walter Jensen

Kristin K. E. Marschner

Imants M. Minka

John D. Bradshaw

Donald L. R. Roberts

Rachel Renee Suhrbier

Andrew J. Vorbrich

Thomas G. King

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LEGAL TERMS

FDCPA

PRESUMED ABUSE

DISCHARGEABLE DEBTS

REPOSSESSION

LIQUIDATING PARTNER

BULK SALES LAW

CHAPTER 7 BANKRUPTCY

NONEXEMPT PROPERTY

WINDING UP

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