Drummond Island Reorganization Lawyer, Michigan, page 4

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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 Drummond Island Reorganization lawyer.
Below are all Drummond Island lawyers.

Jason Nathaniel Rozencweig

Landlord-Tenant, Family Law

Status: In Good Standing Licensed: 11 Years

CONTACT

130 West Spruce, Sault Sainte Marie, MI 49783

Jennifer J. France

Government, Criminal

Status: In Good Standing Licensed: 22 Years

CONTACT

Sault Sainte Marie, MI 49783

Jennifer Constantino

General Practice

Status: In Good Standing Licensed: 8 Years

CONTACT

2218 Shunk Rd, Sault Sainte Marie, MI 49783

Jennifer Lorraine Obreiter

Social Security, Family Law, Criminal, Children's Rights

Status: In Good Standing Licensed: 17 Years

CONTACT

Sault Sainte Marie, MI 49783

Jillian A. Sadler

General Practice

Status: In Good Standing Licensed: 11 Years

CONTACT

325 Court St, Sault Sainte Marie, MI 49783

Jocelyn K. Fabry

Native People, Civil & Human Rights

Status: In Good Standing Licensed: 20 Years

CONTACT

2175 Shunk Rd, Sault Sainte Marie, MI 49783

John R. Wernet

Native People

Status: In Good Standing Licensed: 49 Years

CONTACT

111 Waterfront Pl, Sault Sainte Marie, MI 49783

John Neil Story

General Practice

Status: Inactive Licensed: 52 Years

CONTACT

4234 I 75 Business Spur, Sault Sainte Marie, MI 49783

John L Ashworth

General Practice

Status: Inactive

CONTACT

Cedarville, MI 49719

John L Ashworth

General Practice

Status: Inactive Licensed: 64 Years

CONTACT

Cedarville, MI 49719

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.

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.

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.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

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.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

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Drummond Island Reorganization Lawyer, Michigan, page 4

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Jason Nathaniel Rozencweig

Jennifer J. France

Jennifer Constantino

Jennifer Lorraine Obreiter

Jillian A. Sadler

Jocelyn K. Fabry

John R. Wernet

John Neil Story

John L Ashworth

John L Ashworth

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LEGAL TERMS

BULK SALES LAW

CREDIT COUNSELING

UNDUE HARDSHIP

GUARANTOR

S CORPORATION

FRAUDULENT TRANSFER

CHAPTER 13 PLAN

DISPOSABLE INCOME

401(K) PLAN

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