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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

CONTACT

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

Victoria Lynn Smalley

Dispute Resolution, Social Security, Family Law, Credit & Debt

Status: In Good Standing Licensed: 9 Years

CONTACT

3996 Chicago Dr Sw, Grandville, MI 49418

Fredrick Walter Jensen

Trusts, DUI-DWI, Elder Law, Credit & Debt

Status: In Good Standing

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126 Locust St, Allegan, MI 49010

Harold E. Nelson

Real Estate, Banking & Finance, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 47 Years

CONTACT

55 Campau Ave Nw, Grand Rapids, MI 49503

Michael Kyle Floyd

Litigation, Credit & Debt

Status: In Good Standing Licensed: 25 Years

CONTACT

2618 East Paris Avenue Se, Grand Rapids, MI 49546

Robert A. Hendricks

Medical Products & Devices, Criminal, Banking & Finance, Credit & Debt

Status: In Good Standing Licensed: 40 Years

CONTACT

150 Ottawa Ave Nw, Grand Rapids, MI 49503

David Edward Szostek

Litigation, Intellectual Property, Business, Credit & Debt

Status: In Good Standing Licensed: 11 Years

CONTACT

2010 44th St SE, Grand Rapids, MI 49508

Denise D. Twinney

Business, Credit & Debt, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

300 Ottawa Ave Nw, Grand Rapids, MI 49503

Charles H. Worsfold

Construction, Employee Rights, Credit & Debt, Defamation & Slander

Status: In Good Standing Licensed: 48 Years

CONTACT

230 Fulton St E, Grand Rapids, MI 49503

800-923-0641

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LEGAL TERMS

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.

CCCS

See Consumer Credit Counseling Service.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

FCBA

See Fair Credit Billing Act.

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.

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.

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.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

LOSS DAMAGE WAIVER (LDW)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it ofte... (more...)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it often duplicates coverage provided by the renter's regular car insurance and/or the credit card she uses to rent the car. Nevertheless, hard-sell practices by rental car agents often dupe people into buying LDWs they don't really need. LDW is also called 'collision damage waiver.'

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Holland Credit & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Michael D. Almassian

Mark Alan Powers

Victoria Lynn Smalley

Fredrick Walter Jensen

Harold E. Nelson

Michael Kyle Floyd

Robert A. Hendricks

David Edward Szostek

Denise D. Twinney

Charles H. Worsfold

TIPS

LEGAL TERMS

MEANS TEST

CCCS

CREDIT BUREAU

FCBA

FAIR LABOR STANDARDS ACT (FLSA)

S CORPORATION

NONPROFIT CORPORATION

UNDUE HARDSHIP

LOSS DAMAGE WAIVER (LDW)

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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