Menominee 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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Joseph Carl Jones

Estate Planning, International Tax, Elder Law, Administrative Law, Criminal

Status: In Good Standing Licensed: 9 Years

CONTACT

1104 20Th Ave, Menominee, MI 49858

Thomas P Schwaba

Accident & Injury, Personal Injury, Workers' Compensation

Status: In Good Standing Licensed: 40 Years

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461 1st St, Menominee, MI 49858

Jeffrey T. Rogg

General Practice

Status: In Good Standing Licensed: 31 Years

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839 10th Ave, Menominee, MI 49858

Grant L. Selsor

Estate Planning, Real Estate

Status: In Good Standing Licensed: 51 Years

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1101 11Th Avenue, Menominee, MI 49858

William A. Hupy

Divorce & Family Law

Status: In Good Standing Licensed: 49 Years

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839 Tenth Ave, Menominee, MI 49858

Grant Selsor

General Practice

Status: In Good Standing Licensed: 41 Years

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1101 Eleventh Ave, Menominee, MI 49858

James A. Rademacher

General Practice

Status: Inactive

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N15907 Hansen Lane F 4, Wilson, MI 49896

Robert J. Jamo

Divorce & Family Law, Criminal, Accident & Injury, Administrative Law

Status: In Good Standing Licensed: 39 Years

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1701 First St, Menominee, MI 49858

Wesley W Hoffman

Litigation

Status: In Good Standing Licensed: 42 Years

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949 1st St, Menominee, MI 49858

Arthur Baron

Real Estate, Lawsuit & Dispute, Wills & Probate, Personal Injury

Status: In Good Standing Licensed: 48 Years

CONTACT

621 1st St, Menominee, MI 49858

800-923-0641

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LEGAL TERMS

DEBT COLLECTOR

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe... (more...)

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe. Debt collectors can be relentless, often using scare tactics, humiliation and repeated phone calls to extract payments or promises to pay.

FDCPA

See Fair Debt Collections & Practices Act.

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.

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.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

FCBA

See Fair Credit Billing Act.

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

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.

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Menominee County, MI Reorganization Lawyers

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Joseph Carl Jones

Thomas P Schwaba

Jeffrey T. Rogg

Grant L. Selsor

William A. Hupy

Grant Selsor

James A. Rademacher

Robert J. Jamo

Wesley W Hoffman

Arthur Baron

TIPS

LEGAL TERMS

DEBT COLLECTOR

FDCPA

LIMITED PARTNERSHIP

S CORPORATION

IRS EXPENSES

FCBA

GENERAL PARTNER

NONEXEMPT PROPERTY

FRAUDULENT TRANSFER

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