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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

FREE CONSULTATION

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230 East Fulton Street, Grand Rapids, MI 49503

Mark Alan Powers

Litigation, Trusts, Merger & Acquisition, Credit & Debt

Status: In Good Standing Licensed: 28 Years

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Grand Haven, MI 49417

Roger G. Cotner

Litigation, International Tax, Estate Planning, Elder Law, Credit & Debt

Status: In Good Standing

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575 Robbins Road, Grand Haven, MI 49417

Marc Eric Curtis

Medical Products & Devices, Criminal, Contract, Credit & Debt

Status: In Good Standing Licensed: 22 Years

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800 E Ellis Rd, Muskegon, MI 49441

William B. Groom

Litigation, Employee Rights, Business, Credit & Debt

Status: In Good Standing

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281 Seminole Rd, Muskegon, MI 49444

Wayne Patrick Kolehouse

Juvenile Law, Domestic Violence & Neglect, Criminal, Credit & Debt

Status: In Good Standing Licensed: 8 Years

CONTACT

12185 James St, Holland, MI 49424

Samantha Carol Cornell

Employment, Divorce & Family Law, Credit & Debt, Medical Malpractice

Status: In Good Standing Licensed: 11 Years

CONTACT

1200 Ransom St, Muskegon, MI 49442

Diane Lynn Mancinelli

Litigation, Employee Rights, Corporate, Credit & Debt

Status: In Good Standing Licensed: 41 Years

CONTACT

430 E. 8Th Street, Holland, MI 49423

Larry John Lanore

Family Law, Elder Law, Contract, Credit & Debt

Status: In Good Standing Licensed: 10 Years

CONTACT

3115 Roosevelt Rd, Muskegon, MI 49441

Scott F. Pierce

Family Law, Credit & Debt

Status: In Good Standing Licensed: 51 Years

CONTACT

1060 Kinney Avenue N.W., Grand Rapids, MI 49534

800-923-0641

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LEGAL TERMS

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

TRADE NAME

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

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

FCRA

See Fair Credit Reporting Act.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

LIQUIDATING PARTNER

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

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.

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.

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.

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Grand Haven Credit & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Michael D. Almassian

Mark Alan Powers

Roger G. Cotner

Marc Eric Curtis

William B. Groom

Wayne Patrick Kolehouse

Samantha Carol Cornell

Diane Lynn Mancinelli

Larry John Lanore

Scott F. Pierce

TIPS

LEGAL TERMS

LIEN

TRADE NAME

401(K) PLAN

FCRA

ABUSE

LIQUIDATING PARTNER

LIMITED LIABILITY

TRADE DRESS

PREFERENCE

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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