Trout Creek Reorganization 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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Mark A. Esqueda

Criminal, Native People, Civil & Human Rights

Status: Licensed: 28 Years

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N5384 US Hwy 45, Watersmeet, MI 49969

Sara J. Basso

Dispute Resolution, Lawsuit & Dispute, Administrative Law, Business

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2017 Ponozzo Rd, Iron River, MI 49935

Jerry D. Taylor

Real Estate, Dispute Resolution, Lawsuit & Dispute, Agriculture

Status: Licensed: 38 Years

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25021 Saarinen Rd, Watton, MI 49970

Jennifer L. Bliss

Native People, Civil & Human Rights, Administrative Law, Business, Slip & Fall Accident

Status: Licensed: 27 Years

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Watersmeet, MI 49969

Hannah Lorene Goodman

Family Law, Elder Law, Children's Rights, Consumer Bankruptcy

Status: Licensed: 14 Years

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305 N 2Nd Ave, Iron River, MI 49935

Ronald M. Basso

Administrative Law, Business

Status: Licensed: 51 Years

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Iron River, MI 49935

Teddy J. Baird

Real Estate, Government, Elder Law, Family Law

Status: Licensed: 45 Years

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300 Poplar St, Ontonagon, MI 49953

James R. Jessup

General Practice

Status: Licensed: 45 Years

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37454 Strang Rd, Ontonagon, MI 49953

Lois S. Kallunki

General Practice

Status: Licensed: 40 Years

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34374 State Highway M64, Ontonagon, MI 49953

Andrew Charles Seid

General Practice

Status: Licensed: 12 Years

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30482 Dutch Rd, Ontonagon, MI 49953

800-814-6700

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LEGAL TERMS

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

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.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

COLLATERAL

Property that guarantees payment of a secured debt.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

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Trout Creek Reorganization Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Mark A. Esqueda

Sara J. Basso

Jerry D. Taylor

Jennifer L. Bliss

Hannah Lorene Goodman

Ronald M. Basso

Teddy J. Baird

James R. Jessup

Lois S. Kallunki

Andrew Charles Seid

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LEGAL TERMS

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

CREDIT COUNSELING

ACCORD AND SATISFACTION

DEBT COLLECTOR

TRUTH IN LENDING ACT (TILA)

LIMITED LIABILITY

COLLATERAL

GARNISHMENT

MEETING OF CREDITORS

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