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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.
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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Catherine A. Deciechi Slagle

Real Estate, Bankruptcy, Landlord-Tenant, Litigation

Status: In Good Standing Licensed: 14 Years

CONTACT

Goodrich, MI 48438

Jeffery A. Cojocar

Litigation, Family Law, Criminal, Consumer Bankruptcy

Status: In Good Standing

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8113 Wilson St, Utica, MI 48316

Richard L. Mcdonnell

Litigation, Environmental Law, Antitrust, Consumer Bankruptcy

Status: In Good Standing Licensed: 38 Years

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805 Oakwood Dr, Rochester, MI 48307

Gerald R. Goulet

Family Law, Personal Injury, Bankruptcy, Government

Status: Suspended Licensed: 61 Years

CONTACT

10345 S State Rd, Goodrich, MI 48438

Daniel Marchese

Estate Planning, Divorce, Divorce & Family Law, Bankruptcy

CONTACT

805 Oakwood Dr, Rochester, MI 48307

John Modrzejewski

Traffic, Consumer Protection, Consumer Rights, Bankruptcy

Status: In Good Standing Licensed: 38 Years

CONTACT

431 6Th St, Rochester, MI 48307

Michael James Woods

Real Estate, Consumer Bankruptcy

Status: In Good Standing Licensed: 19 Years

CONTACT

251 Diversion St, Rochester, MI 48307

Natalie Lynn Yaw

Litigation, Consumer Bankruptcy

Status: In Good Standing Licensed: 17 Years

CONTACT

342 S Main St, Rochester, MI 48307

Jack L. Berman

Education, Garnishment, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 52 Years

FREE CONSULTATION

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45100 Sterritt Street, Utica, MI 48317

Barbara K. Tronstein

Consumer Rights, Consumer Bankruptcy, Labor Law, Real Estate

Status: In Good Standing Licensed: 45 Years

CONTACT

4445 N Atlantic Blvd, Auburn Hills, MI 48326

800-923-0641

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LEGAL TERMS

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

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.

COLLATERAL

Property that guarantees payment of a secured debt.

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

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.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

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Imlay City Bankruptcy Lawyer, Michigan, page 4

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Catherine A. Deciechi Slagle

Jeffery A. Cojocar

Richard L. Mcdonnell

Gerald R. Goulet

Daniel Marchese

John Modrzejewski

Michael James Woods

Natalie Lynn Yaw

Jack L. Berman

Barbara K. Tronstein

TIPS

LEGAL TERMS

REPOSSESSION

C CORPORATION

COLLATERAL

DOING BUSINESS AS (DBA)

GENERAL PARTNER

DISPOSABLE INCOME

BULK SALES LAW

TRADE DRESS

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

SAMPLE LEGAL CASES

RDM Holdings, Ltd. v. Continental Plastics Co.

Gulf Underwriters Ins. Co. v. McCLAIN INDUSTRIES, INC.

MICHIGAN COMMERCE BANK v. PALMS INVESTMENTS, LLC

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