Lake Linden Bankruptcy 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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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Not enough matches for Lake Linden Bankruptcy lawyer.
Below are all Lake Linden lawyers.

John E. Berry

Family Law, Divorce & Family Law

Status: In Good Standing Licensed: 42 Years

CONTACT

213 Calumet St, Lake Linden, MI 49945

Andrew Miles

Freedom of Religion

Status: In Good Standing Licensed: 12 Years

CONTACT

112 S Hecla St, Calumet, MI 49913

Andrew Nelson Miles

General Practice

Status: Inactive Licensed: 20 Years

CONTACT

112 South Hecla Street, Calumet, MI 49913

Douglas S. Edwards

General Practice

Status: In Good Standing Licensed: 39 Years

CONTACT

27993 Mccallum Ln, Lake Linden, MI 49945

Donna L. Jaaskelainen

Real Estate, Family Law, Estate Planning, Social Security

Status: Suspended Licensed: 30 Years

CONTACT

316 6Th St, Calumet, MI 49913

Gerald G. Vairo

Labor Law, Employment

Status: In Good Standing Licensed: 59 Years

CONTACT

46083 Bootjack Rd, Lake Linden, MI 49945

Richard A. Ponnikas

General Practice

Status: In Good Standing Licensed: 31 Years

CONTACT

Dollar Bay, MI 49922

Valorie Eileen Troesch

General Practice

Status: Suspended Licensed: 44 Years

CONTACT

Dollar Bay, MI 49922

Kimberly Ann Fergan

General Practice

Status: In Good Standing Licensed: 34 Years

CONTACT

713 Scott St, Calumet, MI 49913

800-923-0641

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LEGAL TERMS

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.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

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.

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

COLLATERAL

Property that guarantees payment of a secured debt.

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

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Lake Linden Bankruptcy Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

John E. Berry

Andrew Miles

Andrew Nelson Miles

Douglas S. Edwards

Donna L. Jaaskelainen

Gerald G. Vairo

Richard A. Ponnikas

Valorie Eileen Troesch

Kimberly Ann Fergan

TIPS

LEGAL TERMS

WINDING UP

FAIR LABOR STANDARDS ACT (FLSA)

DISCHARGE (OF DEBTS)

LIABILITY

FRAUDULENT TRANSFER

BANKRUPTCY TRUSTEE

COLLATERAL

GRACE PERIOD

CURRENT MONTHLY INCOME

SAMPLE LEGAL CASES

RDM Holdings, Ltd. v. Continental Plastics Co.

Gulf Underwriters Ins. Co. v. McCLAIN INDUSTRIES, INC.

MICHIGAN COMMERCE BANK v. PALMS INVESTMENTS, LLC

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