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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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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Daniel R. Degrand

Commercial Real Estate, Industry Specialties, Business, Bankruptcy

Status: In Good Standing Licensed: 51 Years

CONTACT

517 Ludington St, Escanaba, MI 49829

John M. Bergman

Workers' Compensation, Criminal, Contract, Bankruptcy, Wrongful Death

Status: In Good Standing Licensed: 50 Years

CONTACT

504 Ludington St, Escanaba, MI 49829

John Milton Arvid Bergman

General Practice

Status: In Good Standing Licensed: 18 Years

CONTACT

504 Ludington St, Escanaba, MI 49829

Allan J. Rittenhouse

Bankruptcy, Bankruptcy & Debt

Status: Inactive Licensed: 32 Years

CONTACT

Iron Mountain, MI 49801

Julie A. Lacost

Wrongful Termination, Divorce & Family Law, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 36 Years

CONTACT

705 S Stephenson Avenue, Iron Mountain, MI 49801

Robert G. Foster

Bankruptcy

Status: In Good Standing Licensed: 54 Years

CONTACT

1009 E Main St, Iron Mountain, MI 49801

Allan J. Rittenhouse

Bankruptcy, Bankruptcy & Debt

Status: Inactive Licensed: 32 Years

CONTACT

Iron Mountain, MI 49801

Paul Richard Lehto

Credit & Debt, Business & Trade, Consumer Bankruptcy, Commercial Bankruptcy

Status: Suspended Licensed: 29 Years

CONTACT

Ishpeming, MI 49849

Joan B. Ball

Family Law, Divorce & Family Law, Consumer Rights, Consumer Bankruptcy

Status: In Good Standing Licensed: 29 Years

CONTACT

112 W Washington St, Marquette, MI 49855

Sarah E. Henderson

Motor Vehicle, Family Law, Criminal, Bankruptcy

Status: In Good Standing

CONTACT

148 W Washington St, Marquette, MI 49855

800-923-0641

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LEGAL TERMS

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.

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

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.

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.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

FDCPA

See Fair Debt Collections & Practices Act.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

COSIGNER

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for t... (more...)

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.

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Arnold Bankruptcy Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Daniel R. Degrand

John M. Bergman

John Milton Arvid Bergman

Allan J. Rittenhouse

Julie A. Lacost

Robert G. Foster

Allan J. Rittenhouse

Paul Richard Lehto

Joan B. Ball

Sarah E. Henderson

TIPS

LEGAL TERMS

FRAUDULENT TRANSFER

TRADE DRESS

LIMITED LIABILITY

LIABILITY

CREDIT INSURANCE

CHAPTER 13 PLAN

FDCPA

DISCHARGEABLE DEBTS

COSIGNER

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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