Gladwin County, MI Bankruptcy & Debt Lawyers

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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 Gladwin Bankruptcy & Debt lawyer.
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William A. Siebert

Criminal, Business, Real Estate

Status: In Good Standing Licensed: 44 Years

CONTACT

740 N Silverleaf St, Gladwin, MI 48624

Kimberly Fink

General Practice

Status: In Good Standing

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Gladwin, MI 48624

Rebecca Kreisher

Estate Planning, Elder Law

Status: In Good Standing

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Gladwin, MI 48624

Rebecca Kreisher

Estate Planning, Elder Law

Status: In Good Standing

CONTACT

Gladwin, MI 48624

Robert C. Beltz

Personal Injury, Gaming & Alcohol, Litigation

Status: In Good Standing Licensed: 63 Years

CONTACT

5754 S Dundas Rd, Beaverton, MI 48612

Kurt N. Hansen

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

Status: In Good Standing Licensed: 52 Years

CONTACT

Gladwin, MI 48624

Kimberly A. Dillman

Estate, Contract, Bankruptcy, Child Custody, Estate Planning

Status: In Good Standing Licensed: 20 Years

CONTACT

Gladwin, MI 48624

Aaron W. Miller

General Practice

Status: In Good Standing Licensed: 19 Years

CONTACT

401 W Cedar Ave, Gladwin, MI 48624

Louis J. Willford

Estate

Status: In Good Standing Licensed: 55 Years

CONTACT

127 N Arcade St, Gladwin, MI 48624

Michael A. Rajt

Reinsurance, Business, Accident & Injury

Status: In Good Standing Licensed: 48 Years

CONTACT

4769 Sylvan Grove Dr, Gladwin, MI 48624

800-923-0641

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LEGAL TERMS

AUTOMATIC STAY

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities,... (more...)

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making written requests for payment, or notifying credit reporting bureaus of an unpaid debt.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

CREDIT FILE

See credit report.

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working fo... (more...)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working for collection agencies. The law does not apply to creditors collecting their own debts. This law has greatly improved conditions for debtors, although more than a few debt collectors ignore the law. If a collection agency violates the law, debtors can contact the Federal Trade Commission for help.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

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.

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

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Gladwin County, MI Bankruptcy & Debt Lawyers

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

William A. Siebert

Kimberly Fink

Rebecca Kreisher

Rebecca Kreisher

Robert C. Beltz

Kurt N. Hansen

Kimberly A. Dillman

Aaron W. Miller

Louis J. Willford

Michael A. Rajt

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LEGAL TERMS

AUTOMATIC STAY

CREDIT BUREAU

CREDIT FILE

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

SETOFF

SOLE PROPRIETORSHIP

INTEREST

FRAUDULENT TRANSFER

DOING BUSINESS AS (DBA)

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