Bankruptcy: Understanding Your Options and Path to Financial Recovery
BankruptcyThere are few things more overwhelming than facing financial hardships. When you are busy trying to make ends meet and get out of debt, spending time to consider bankruptcy is sometimes the last thing on your mind. At Marrs & Terry, PLLC, we understand the complexities and emotional toll of financial difficulties. Our goal is […]
Do You Need a Lawyer to File for Chapter 7 Bankruptcy in Michigan?
BankruptcyIf you are experiencing financial problems, you may be considering filing for bankruptcy in Michigan. In addition, you may be thinking about filing without an attorney to save money – after all, if you are considering bankruptcy, there is a good chance that you want to cut costs wherever possible. It is always in your […]
Should You File Bankruptcy Before or After a Divorce?
BlogDivorce is stressful enough as it is, but when you’re going through challenging financial times, you may also need to consider filing for bankruptcy. Before taking any steps toward filing either case, it’s important to consider how you’ll go about handling your divorce and your bankruptcy. Should you do one before the other? Which should […]
How to Financially Prepare for Divorce: 5 Steps
BlogMarriage is supposed to last forever. But sadly, that outcome is rarer than it should be. Roughly half of all marriages end in divorce in the United States. If your marriage is headed toward divorce in Michigan, you should be familiar with the set of steps you need to take to legally get divorced. But […]
How to Navigate Co-Parenting Disagreements
Family LawMarried couples who are filing for divorce may argue about who gets the dishes or who keeps the dog. But if the couple has children, by far one of the biggest battles in the divorce process concerns child custody. Think about what is best for your child When the Michigan courts consider child custody, they […]
Bankruptcy and Your Credit Score: The Impact Explained
BankruptcyAre you struggling with debt and considering filing for bankruptcy? Many people hear the term bankruptcy and immediately hesitate, feeling that it will ruin their ability to make large purchases in the future. Worrying about how filing for bankruptcy will affect your credit score is understandable. After all, you are considering your options to make […]
How Michigan parents can help their kids cope with divorce
Family LawConcerned parents who are considering divorce should consider how a split will affect their children. Although divorce can be challenging for the whole family, children do have the capacity to be happy following a separation. According to the author of “Building Resilience in Children and Teens: Giving Kids Roots and Wings,” parents should put their […]
Chapter 7 and the means test 101
UncategorizedMany people do not realize how crippling debt can be until they find themselves dodging phone calls from creditors and ignoring electronic and snail mail demand notices. There is even a misconception that individuals who cannot pay their financial obligations are irresponsible and living beyond their means. While that may be true for some, debt […]