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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 Pentwater Bankruptcy lawyer.
Below are all Pentwater lawyers.

John Sells Graettinger

Real Estate, Estate Planning, Workers' Compensation, Products Liability

Status: In Good Standing Licensed: 48 Years

CONTACT

Pentwater, MI 49449

John Graettinger

Real Estate, Estate Planning, Workers' Compensation, Products Liability

Status: In Good Standing Licensed: 48 Years

CONTACT

Pentwater, MI 49449

John Sells Graettinger

Real Estate, Estate Planning, Workers' Compensation, Products Liability

Status: In Good Standing Licensed: 48 Years

CONTACT

Pentwater, MI 49449

Jeffrey E. Gwillim

Employment

Status: Inactive Licensed: 43 Years

CONTACT

Pentwater, MI 49449

Mark E. Putney

Real Estate, Business

Status: In Good Standing Licensed: 47 Years

CONTACT

12 Georgia Ct, Pentwater, MI 49449

Gary L. Nicholson

Real Estate, Limited Liability Companies, Business

Status: In Good Standing Licensed: 52 Years

CONTACT

5425 Shawnee Rd, Pentwater, MI 49449

James D. Schramm

Motor Vehicle, Environmental Law

Status: In Good Standing Licensed: 39 Years

CONTACT

6298 W Longbridge Rd, Pentwater, MI 49449

Clarence Chun

General Practice

Status: Retired Licensed: 36 Years

CONTACT

8151 N Perry Ave, Pentwater, MI 49449

Lawrence Konopka

General Practice

Status: In Good Standing Licensed: 54 Years

CONTACT

Pentwater, MI 49449

Kenneth I. Matheson

General Practice

Status: Inactive Licensed: 63 Years

CONTACT

116 W Lowell, Pentwater, MI 49449

800-923-0641

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LEGAL TERMS

COLLATERAL

Property that guarantees payment of a secured debt.

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.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

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.

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.

CCCS

See Consumer Credit Counseling Service.

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.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

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.

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Pentwater Bankruptcy Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

John Sells Graettinger

John Graettinger

John Sells Graettinger

Jeffrey E. Gwillim

Mark E. Putney

Gary L. Nicholson

James D. Schramm

Clarence Chun

Lawrence Konopka

Kenneth I. Matheson

TIPS

LEGAL TERMS

COLLATERAL

REDEMPTION

CREDITOR

PRIORITY DEBT

LIABILITY

CCCS

NONEXEMPT PROPERTY

REAFFIRMATION

GENERAL PARTNER

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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