Saint Ignace Bankruptcy & Debt 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 Saint Ignace Bankruptcy & Debt lawyer.
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Charles M. Brown

Real Estate, Industry Specialties, Estate, Divorce & Family Law

Status: In Good Standing Licensed: 46 Years

CONTACT

W1419 Pointe Labarbe Rd, Saint Ignace, MI 49781

Barbara J. Brown

General Practice

Status: In Good Standing Licensed: 37 Years

CONTACT

84 Prospect St, Saint Ignace, MI 49781

Clayton W. Graham

General Practice

Status: In Good Standing Licensed: 32 Years

CONTACT

100 S Marley St, Saint Ignace, MI 49781

Stuart J. Spencer

General Practice

Status: In Good Standing Licensed: 33 Years

CONTACT

100 S Marley St, Saint Ignace, MI 49781

Tom H. Evashevski

Land Use & Zoning, Trusts, Contract, Personal Injury

Status: In Good Standing Licensed: 44 Years

CONTACT

838 N State St, Saint Ignace, MI 49781

Zackary Allen Sylvain

Government, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 10 Years

CONTACT

100 S Marley St, Saint Ignace, MI 49781

David Joseph Rubin

General Practice

Status: Suspended Licensed: 21 Years

CONTACT

Saint Ignace, MI 49781

Thomas B. North

General Practice

Status: In Good Standing

CONTACT

1387 N State St, Saint Ignace, MI 49781

Edward T. Mackin

General Practice

Status: Inactive Licensed: 72 Years

CONTACT

125 Church Street, Saint Ignace, MI 49781

Prentiss M. Brown

Real Estate

Status: In Good Standing Licensed: 73 Years

CONTACT

First National Bank Building, Saint Ignace, MI 49781

800-923-0641

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LEGAL TERMS

NONPROFIT CORPORATION

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or f... (more...)

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or for some public purpose (such as a hospital, environmental organization or literary society). Nonprofit corporations, despite the name, can make a profit, but the business cannot be designed primarily for profit-making purposes, and the profits must be used for the benefit of the organization or purpose the corporation was created to help. When a nonprofit corporation dissolves, any remaining assets must be distributed to another nonprofit, not to board members. As with for-profit corporations, directors of nonprofit corporations are normally shielded from personal liability for the organization's debts. Some nonprofit corporations qualify for a federal tax exemption under _ 501(c)(3) of the Internal Revenue Code, with the result that contributions to the nonprofit are tax deductible by their donors.

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

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.

CREDIT FILE

See credit report.

LOSS DAMAGE WAIVER (LDW)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it ofte... (more...)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it often duplicates coverage provided by the renter's regular car insurance and/or the credit card she uses to rent the car. Nevertheless, hard-sell practices by rental car agents often dupe people into buying LDWs they don't really need. LDW is also called 'collision damage waiver.'

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

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.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

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.

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Saint Ignace Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Charles M. Brown

Barbara J. Brown

Clayton W. Graham

Stuart J. Spencer

Tom H. Evashevski

Zackary Allen Sylvain

David Joseph Rubin

Thomas B. North

Edward T. Mackin

Prentiss M. Brown

TIPS

LEGAL TERMS

NONPROFIT CORPORATION

PRIORITY DEBT

WINDING UP

CREDIT FILE

LOSS DAMAGE WAIVER (LDW)

FORBEARANCE

GRACE PERIOD

LIEN

IRS EXPENSES

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