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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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Michael D. Almassian

Insurance, Corporate, Credit & Debt, Bankruptcy

Status: In Good Standing

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230 East Fulton Street, Grand Rapids, MI 49503

Ryane Carol Kent

Commercial Real Estate, Family Law, Juvenile Law, Credit & Debt

Status: In Good Standing Licensed: 13 Years

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445 Headwaters Dr Ne, Lowell, MI 49331

Nancy E. Gallagher

Trusts, Family Law, Contract, Credit & Debt

Status: In Good Standing

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120 E Superior St, Alma, MI 48801

Randall R. Grit

Workers' Compensation, Employment, Credit & Debt

Status: In Good Standing Licensed: 36 Years

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539 W Abbey Mill Dr Se, Ada, MI 49301

Melinda Graham Schmuck

Trusts, Employee Rights, Contract, Credit & Debt

Status: In Good Standing Licensed: 10 Years

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112 Martindale St, Sparta, MI 49345

Robert Atkinson

Real Estate, Health Care, Contract, Credit & Debt

Status: In Good Standing Licensed: 51 Years

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2484 Shadow Lake Ct Ne, Grand Rapids, MI 49505

George L. Mccargar

Real Estate, Family Law, Insurance, Credit & Debt

Status: In Good Standing Licensed: 33 Years

CONTACT

4519 Cascade Rd Se, Grand Rapids, MI 49546

Terrance R. Bacon

Natural Resources, Corporate, Credit & Debt, Personal Injury, Employee Rights

Status: In Good Standing Licensed: 50 Years

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2028 S Terrace Ln NE, Grand Rapids, MI 49505

Scott Andrew Renner

Landlord-Tenant, Credit & Debt, Collection

Status: In Good Standing Licensed: 15 Years

CONTACT

1750 Leonard St Ne, Grand Rapids, MI 49505

Scott Andrew Renner

Bankruptcy & Debt, Collection, Landlord-Tenant, Credit & Debt

Status: In Good Standing Licensed: 15 Years

CONTACT

1750 Leonard St Ne, Grand Rapids, MI 49505

800-923-0641

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LEGAL TERMS

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

INFRINGEMENT (OF TRADEMARK)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringeme... (more...)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringement turns on whether the defendant's use causes a likelihood of confusion in the average consumer. If a court determines that the average consumer would be confused, the owner of the original mark can prevent the other's use of the infringing mark and sometimes collect damages.

FDCPA

See Fair Debt Collections & Practices Act.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

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.

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Sidney Credit & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Michael D. Almassian

Ryane Carol Kent

Nancy E. Gallagher

Randall R. Grit

Melinda Graham Schmuck

Robert Atkinson

George L. Mccargar

Terrance R. Bacon

Scott Andrew Renner

Scott Andrew Renner

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LEGAL TERMS

C CORPORATION

IRS EXPENSES

CURRENT MONTHLY INCOME

PREFERENCE

INFRINGEMENT (OF TRADEMARK)

FDCPA

DISCHARGE (OF DEBTS)

TRADE NAME

BANKRUPTCY

SAMPLE LEGAL CASES

New Freedom Mtg. Corp. v. Globe Mtg. Corp.

Barth v. FIRST CONSUMER CREDIT, INC.

CHARTER ONE BANK NA v. JP Morgan Chase Bank, NA

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