Montcalm 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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Dianne Longoria

Wills & Probate, Divorce & Family Law, Criminal, Social Security -- Disability, Traffic

Status: In Good Standing Licensed: 21 Years

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709 W Shaw St, Howard City, MI 49329

Thomas A. Ginster

Landlord-Tenant, Estate, Criminal, Consumer Rights, Bankruptcy

Status: In Good Standing

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203 S Lafayette St, Greenville, MI 48838

Kurt D. Peterson

Workers' Compensation, Family Law, Elder Law, Collection

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203 S. Lafayette Street, Greenville, MI 48838

Joshua Blanchard

Domestic Violence & Neglect, White Collar Crime, Criminal, Police Misconduct

Status: In Good Standing

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309 S Lafayette St, Greenville, MI 48838

Monica J. Tissue-Daws

Criminal, Divorce & Family Law, Estate, Lawsuit & Dispute, Real Estate

Status: In Good Standing Licensed: 29 Years

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322 N Lincoln St, Stanton, MI 48888

Joshua Adam Blanchard

Felony, DUI-DWI, Criminal, Personal Injury, Accident & Injury

Status: In Good Standing Licensed: 15 Years

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309 S Lafayette St, Greenville, MI 48838

Keeley D. Heath

Criminal

Status: In Good Standing

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309 S Lafayette St, Greenville, MI 48838

Lori J. Shearer

Traffic, Estate Planning, Family Law, Criminal

Status: In Good Standing Licensed: 24 Years

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300 N. State Street, Stanton, MI 48888

Ronald L. Finegood

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

Status: In Good Standing Licensed: 45 Years

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125 W Main St, Stanton, MI 48888

Jeanne L. Jerow

Estate Planning, Family Law, Elder Law, Wrongful Death

Status: In Good Standing Licensed: 38 Years

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230 W Shaw St, Howard City, MI 49329

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LEGAL TERMS

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.

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.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

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.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

DEBIT CARD

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can ... (more...)

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can also be used at stores to pay for goods and services in place of a check. Unlike a credit card, a debit card automatically withdraws money from your checking account at the time of the transaction. Debit cards are regulated by the Electronic Funds Transfer Act.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

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.

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Montcalm County, MI Reorganization Lawyers

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Dianne Longoria

Thomas A. Ginster

Kurt D. Peterson

Joshua Blanchard

Monica J. Tissue-Daws

Joshua Adam Blanchard

Keeley D. Heath

Lori J. Shearer

Ronald L. Finegood

Jeanne L. Jerow

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LEGAL TERMS

BANKRUPTCY TRUSTEE

FAIR LABOR STANDARDS ACT (FLSA)

TRADE NAME

CHAPTER 13 BANKRUPTCY

S CORPORATION

DISPOSABLE INCOME

DEBIT CARD

GUARANTEED RESERVATION

SETOFF

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