Conway Reorganization Lawyer, Michigan, page 2

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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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Donna L. Budnick

Native People, Civil & Human Rights

Status: In Good Standing Licensed: 34 Years

CONTACT

7500 Odawa Cir, Good Hart, MI 49740

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Native People, Civil & Human Rights, Children's Rights

Status: In Good Standing Licensed: 24 Years

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7500 Odawa Cir, Good Hart, MI 49740

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Estate Planning, Family Law, Native People, Civil & Human Rights

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Real Estate, Litigation, Employment Discrimination, Personal Injury

Status: In Good Standing Licensed: 44 Years

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J. D. Stewart

General Practice

Status: Suspended Licensed: 30 Years

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6447 Emmet Heights Road, Harbor Springs, MI 49740

Allen J. Nelson

Dispute Resolution, Estate Planning, Criminal, Elder Law

Status: In Good Standing Licensed: 60 Years

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768 Woodhill Rd, Harbor Springs, MI 49740

Jean L. Carpenter

General Practice

Status: In Good Standing Licensed: 74 Years

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105 L'arbre Croche, Harbor Springs, MI 49740

Claire Hollis Forster

Estate Planning, Elder Law

Status: In Good Standing Licensed: 18 Years

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932 Meadow Lane, Harbor Springs, MI 49740

James Benning Wiedner

General Practice

Status: In Good Standing Licensed: 21 Years

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Oden, MI 49764

Christina L. Demoore

Dispute Resolution, Lawsuit & Dispute, Native People, Civil & Human Rights

Status: In Good Standing Licensed: 44 Years

CONTACT

207 Michigan St, Petoskey, MI 49770

800-923-0641

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LEGAL TERMS

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.

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.

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.

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.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

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.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

FCRA

See Fair Credit Reporting Act.

COSIGNER

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for t... (more...)

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.

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Conway Reorganization Lawyer, Michigan, page 2

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Donna L. Budnick

Allie Greenleaf Maldonado

Cherie R. Dominic

Maureen H. Burke

J. D. Stewart

Allen J. Nelson

Jean L. Carpenter

Claire Hollis Forster

James Benning Wiedner

Christina L. Demoore

TIPS

LEGAL TERMS

BULK SALES LAW

DEFINED CONTRIBUTION PLAN

GARNISHMENT

REAFFIRMATION

COLLECTION AGENCY

CREDIT COUNSELING

TRADE NAME

FCRA

COSIGNER

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