Van Buren County, MI Bankruptcy & Debt 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.
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Not enough matches for Van Buren Bankruptcy & Debt lawyer.
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John James Frost

Estate, Divorce & Family Law, Criminal, Bankruptcy & Debt

Status: In Good Standing

CONTACT

720 Lagrange St, South Haven, MI 49090

James Alex Kolosowsky

Tax, Family Law, Juvenile Law, Bankruptcy & Debt

Status: In Good Standing

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221 Oak St, Paw Paw, MI 49079

Harold G. Schuitmaker

Commercial Real Estate, Estate Planning, Limited Liability Companies, Business, Estate

Status: In Good Standing Licensed: 54 Years

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181 W Michigan Ave, Paw Paw, MI 49079

Lynnann E Bullard

Family Law, Divorce & Family Law, Children's Rights

Status: In Good Standing Licensed: 37 Years

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219 E Paw Paw St, Paw Paw, MI 49079

Darrell Douglas Fahey

Other, Social Security

Status: In Good Standing Licensed: 20 Years

CONTACT

54870 N. Main Street, Mattawan, MI 49071

Brian M. Knotek

Estate, Real Estate, Trusts

Status: In Good Standing Licensed: 28 Years

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54870 N Main St, Mattawan, MI 49071

Matthew R. Cooper

Veterans' Affairs, Health Care Other, Social Security, Estate

Status: In Good Standing

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181 W Michigan Ave, Paw Paw, MI 49079

Theresa J. Cypher

Family Law, Divorce & Family Law

Status: In Good Standing Licensed: 25 Years

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226 1/2 E Michigan Ave, Paw Paw, MI 49079

Thomas R. Blaising

Real Estate, Lawsuit & Dispute, Government, Business

Status: Retired Licensed: 51 Years

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912 Adams Road, South Haven, MI 49090

John K. Lohrstorfer

Other, Government

Status: In Good Standing Licensed: 38 Years

CONTACT

23 Delaware Ct, South Haven, MI 49090

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Lawyer.com can help you easily and quickly find Michigan Bankruptcy & Debt Lawyers and Michigan Bankruptcy & Debt Law Firms. Find Bankruptcy & Debt attorneys by major city or select a city from the list of all Michigan cities. Alternatively you can search for Bankruptcy & Debt attorneys for all Michigan cities or search by county. You may also also find it useful to refine your search by specific Bankruptcy & Debt practice areas such as Bankruptcy, Collection, Credit & Debt, Reorganization and Workout matters.

LEGAL TERMS

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

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.

FCRA

See Fair Credit Reporting Act.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

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.

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.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

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Van Buren County, MI Bankruptcy & Debt Lawyers

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

John James Frost

James Alex Kolosowsky

Harold G. Schuitmaker

Lynnann E Bullard

Darrell Douglas Fahey

Brian M. Knotek

Matthew R. Cooper

Theresa J. Cypher

Thomas R. Blaising

John K. Lohrstorfer

TIPS

LEGAL TERMS

LIEN

CREDIT BUREAU

LIABILITY

FCRA

BANKRUPTCY

REAFFIRMATION

FRAUDULENT TRANSFER

GUARANTOR

BULK SALES LAW

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