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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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Robert P. Coutts

Family Law, Criminal, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 34 Years

CONTACT

7445 Allen Rd, Allen Park, MI 48101

Chadi Hani Habib

Government Contract, Workers' Compensation, Contract, Credit & Debt

Status: In Good Standing Licensed: 22 Years

CONTACT

7733 Schaefer Rd, Dearborn, MI 48126

Ali Habib Moubarak

Criminal, Contract, Credit & Debt, Collection

Status: In Good Standing Licensed: 7 Years

CONTACT

1 Parklane Blvd, Dearborn, MI 48126

David Ross Ienna

Landlord-Tenant, Litigation, Contract, Credit & Debt

Status: In Good Standing Licensed: 11 Years

CONTACT

1 Parklane Blvd, Dearborn, MI 48126

Andrew Scott Worrall

Credit & Debt

Status: In Good Standing Licensed: 14 Years

CONTACT

Detroit, MI 48275

Neil J. Leithauser

Other, Immigration, Federal Appellate Practice, Credit & Debt

Status: In Good Standing Licensed: 42 Years

CONTACT

500 Griswold St, Detroit, MI 48226

Stephen P. Stella

Landlord-Tenant, Contract, Banking & Finance, Credit & Debt

Status: In Good Standing Licensed: 43 Years

CONTACT

645 Griswold St, Detroit, MI 48226

Kirk J. Anderson

Elder Law, Contract, Credit & Debt, Defamation & Slander

Status: In Good Standing Licensed: 34 Years

CONTACT

477 Michigan Ave, Detroit, MI 48226

Jane Groves Enright

General Practice

Status: In Good Standing Licensed: 40 Years

CONTACT

500 Griswold St, Detroit, MI 48226

Michael J. Thomas

Landlord-Tenant, Foreclosure, Contract, Credit & Debt

Status: In Good Standing

CONTACT

615 Griswold St, Detroit, MI 48226

800-923-0641

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LEGAL TERMS

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.

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.

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

CREDIT FILE

See credit report.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

COLLATERAL

Property that guarantees payment of a secured debt.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

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Wyandotte Credit & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Robert P. Coutts

Chadi Hani Habib

Ali Habib Moubarak

David Ross Ienna

Andrew Scott Worrall

Neil J. Leithauser

Stephen P. Stella

Kirk J. Anderson

Jane Groves Enright

Michael J. Thomas

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LEGAL TERMS

CURRENT MONTHLY INCOME

TRADE DRESS

CREDIT REPORT

CREDIT FILE

FAIR LABOR STANDARDS ACT (FLSA)

MEANS TEST

COLLECTION AGENCY

COLLATERAL

S CORPORATION

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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