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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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James David-Nguyen Lance

Trusts, Elder Law, Contract, Collection

Status: Licensed: 20 Years

CONTACT

1 Michigan Ave W, Battle Creek, MI 49017

David Lee Hunter

Divorce, Contract, Collection, Bankruptcy

Status: Licensed: 20 Years

CONTACT

601 S Shore Dr, Battle Creek, MI 49014

Justin R. Workman

Administrative Law, Collection, Animal Bite, Labor Law

Status: Licensed: 10 Years

CONTACT

425 S Westnedge Ave, Kalamazoo, MI 49007

Dorphine E. Payne

Collection, Children's Rights, Criminal

Status: Licensed: 26 Years

CONTACT

834 King Hwy, Kalamazoo, MI 49001

Lana Escamilla

Litigation, International Other, Contract, Collection

Status: Licensed: 18 Years

CONTACT

1300 W Centre Ave, Portage, MI 49024

Robert L. Hencken

Trusts, Divorce, Contract, Collection

Status: Licensed: 55 Years

CONTACT

121 W Cedar St, Kalamazoo, MI 49007

Robert L. Byington

Workers' Compensation, Contract, Collection, Wrongful Death, Household Mold

Status: Licensed: 48 Years

CONTACT

222 W Apple St, Hastings, MI 49058

Eric Alexander Byington

Social Security, Workers' Compensation, Contract, Collection

Status: Licensed: 11 Years

CONTACT

222 W Apple St, Hastings, MI 49058

Joseph P. Haas

Collection, Labor Law, Divorce, Landlord-Tenant

Status: Licensed: 33 Years

CONTACT

112 S Monroe St, Sturgis, MI 49091

Michael Kevin Falahee

Divorce, Contract, Collection, Personal Injury

Status: Licensed: 20 Years

CONTACT

1000 Laurence Ave, Jackson, MI 49202

800-814-6700

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LEGAL TERMS

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

NONPROFIT CORPORATION

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or f... (more...)

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or for some public purpose (such as a hospital, environmental organization or literary society). Nonprofit corporations, despite the name, can make a profit, but the business cannot be designed primarily for profit-making purposes, and the profits must be used for the benefit of the organization or purpose the corporation was created to help. When a nonprofit corporation dissolves, any remaining assets must be distributed to another nonprofit, not to board members. As with for-profit corporations, directors of nonprofit corporations are normally shielded from personal liability for the organization's debts. Some nonprofit corporations qualify for a federal tax exemption under _ 501(c)(3) of the Internal Revenue Code, with the result that contributions to the nonprofit are tax deductible by their donors.

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.

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.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

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.

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).

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Ceresco Collection Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

James David-Nguyen Lance

David Lee Hunter

Justin R. Workman

Dorphine E. Payne

Lana Escamilla

Robert L. Hencken

Robert L. Byington

Eric Alexander Byington

Joseph P. Haas

Michael Kevin Falahee

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LEGAL TERMS

LIQUIDATING PARTNER

SECURED DEBT

NONPROFIT CORPORATION

FAIR LABOR STANDARDS ACT (FLSA)

COSIGNER

CREDIT COUNSELING

BANKRUPTCY TRUSTEE

BANKRUPTCY

CREDIT REPORT

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