Ironwood Workout 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.
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Not enough matches for Ironwood Workout lawyer.
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Elaine J. Erickson

General Practice

Status: In Good Standing Licensed: 21 Years

CONTACT

N10433 Vanderhagen Rd, Ironwood, MI 49938

John Oscar Medved

Divorce & Family Law, Criminal, Accident & Injury

Status: In Good Standing Licensed: 18 Years

CONTACT

317 N Lake St, Ironwood, MI 49938

Rachel Strubbe Kane

General Practice

Status: In Good Standing Licensed: 12 Years

CONTACT

N10424 Vanderhagen Rd, Ironwood, MI 49938

Dennis A. Cossi

General Practice

Status: In Good Standing Licensed: 51 Years

CONTACT

E4860 Slade Rd, Ironwood, MI 49938

Dennis Cossi

General Practice

Status: In Good Standing Licensed: 51 Years

CONTACT

4860 Slade Rd, Ironwood, MI 49938

William G. Cloon

General Practice

Status: Inactive Licensed: 69 Years

CONTACT

125 W Francis St, Ironwood, MI 49938

Terence W. Douglass

Family Law

Status: In Good Standing Licensed: 31 Years

CONTACT

240 E Michigan Ave, Ironwood, MI 49938

Elaine Janet Erickson

Employment, Business

Status: In Good Standing Licensed: 33 Years

CONTACT

402 Lake Ave, Ironwood, MI 49938

Marvin E. Marks

General Practice

Status: Inactive Licensed: 42 Years

CONTACT

337 E Ayer St, Ironwood, MI 49938

David P. Morzenti

General Practice

Status: In Good Standing Licensed: 45 Years

CONTACT

212 E Aurora St, Ironwood, MI 49938

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LEGAL TERMS

CREDIT FILE

See credit report.

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 REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

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.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

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.

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

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Ironwood Workout Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Elaine J. Erickson

John Oscar Medved

Rachel Strubbe Kane

Dennis A. Cossi

Dennis Cossi

William G. Cloon

Terence W. Douglass

Elaine Janet Erickson

Marvin E. Marks

David P. Morzenti

TIPS

LEGAL TERMS

CREDIT FILE

WINDING UP

CREDIT REPORT

SUBROGATION

FORBEARANCE

REDEMPTION

LIMITED PARTNERSHIP

PRIORITY DEBT

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

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