Iron County, MI Reorganization 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 Iron Reorganization lawyer.
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Vincent R. Petrucelli

Accident & Injury, Personal Injury, Medical Malpractice, Lawsuit, Slip & Fall Accident

Status: In Good Standing Licensed: 48 Years

FREE CONSULTATION

CONTACT

328 W Genesee St, Iron River, MI 49935

Roy P. Polich

Litigation, Estate, Family Law, Criminal

Status: In Good Standing Licensed: 43 Years

CONTACT

117 W Genesee St, Iron River, MI 49935

Mark D. Tousignant

Real Estate, Civil & Human Rights, Business

Status: In Good Standing Licensed: 48 Years

CONTACT

126 W Maple St, Iron River, MI 49935

Roy P Polich

Litigation, Family Law, Criminal

Status: In Good Standing Licensed: 43 Years

CONTACT

117 W Genesee St, Iron River, MI 49935

Donald S. Powell

Juvenile Law, Family Law, Elder Law, Administrative Law

Status: In Good Standing Licensed: 38 Years

CONTACT

125 Nicholson Rd, Iron River, MI 49935

Nora A. Petrucelli

Personal Injury, Wrongful Death, Medical Malpractice, Products Liability, Railroad Injury

Status: In Good Standing Licensed: 46 Years

CONTACT

328 W Genesee St, Iron River, MI 49935

Steve J. Polich

Real Estate, Estate Planning, Family Law, Divorce & Family Law

Status: In Good Standing Licensed: 50 Years

CONTACT

433 N 3Rd Ave, Iron River, MI 49935

Dennis M. Tousignant

Criminal, Legal Malpractice

Status: In Good Standing Licensed: 30 Years

CONTACT

433 N 3Rd Ave, Iron River, MI 49935

Steven J. Tinti

Real Estate, Government, Environmental Law, Business

Status: In Good Standing Licensed: 41 Years

CONTACT

201 S Fifth St, Crystal Falls, MI 49920

Jonny L. Waara

Other, Accident & Injury

Status: In Good Standing Licensed: 28 Years

CONTACT

328 W Genesee St, Iron River, MI 49935

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LEGAL TERMS

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

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.'

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.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

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.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

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Iron County, MI Reorganization Lawyers

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Vincent R. Petrucelli

Roy P. Polich

Mark D. Tousignant

Roy P Polich

Donald S. Powell

Nora A. Petrucelli

Steve J. Polich

Dennis M. Tousignant

Steven J. Tinti

Jonny L. Waara

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LEGAL TERMS

LIMITED LIABILITY

LOSS DAMAGE WAIVER (LDW)

GUARANTOR

CREDIT INSURANCE

CREDIT COUNSELING

WORKOUT

BANKRUPTCY

NONDISCHARGEABLE DEBTS

C CORPORATION

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