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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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Richard M. Knoblock

General Practice

Status: In Good Standing Licensed: 50 Years

CONTACT

1498 Port Austin Rd, Port Austin, MI 48467

Christopher J. Boyle

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Status: In Good Standing Licensed: 26 Years

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2773 Bay Dr, Port Austin, MI 48467

Susan L. Robinson

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Status: In Good Standing Licensed: 21 Years

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2794 Bay Dr, Port Austin, MI 48467

Lynn Dodge

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Status: In Good Standing Licensed: 39 Years

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1018 Bayside Trl, Port Austin, MI 48467

Richard Knoblock

General Practice

Status: Inactive Licensed: 50 Years

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8586 Lake St, Port Austin, MI 48467

Terrence T. Boyle

Workers' Compensation, Employment, Personal Injury

Status: In Good Standing Licensed: 48 Years

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8731 Independence St, Port Austin, MI 48467

James F. Warchall

General Practice

Status: Inactive Licensed: 20 Years

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553 Lake Dr, Port Austin, MI 48467

Philip M. Creaser

General Practice

Status: Inactive Licensed: 44 Years

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3685 Port Austin Rd, Port Austin, MI 48467

Angelique Arinder Shupe

General Practice

Status: Inactive Licensed: 25 Years

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1686 N Pinnebog Rd, Elkton, MI 48731

Norris Ham

Estate Planning, International, Freedom of Religion, Immigration

Status: In Good Standing Licensed: 2 Years

CONTACT

Elkton, MI 48731

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LEGAL TERMS

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.

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.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

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.

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.

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.

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).

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

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Kinde Workout Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Richard M. Knoblock

Christopher J. Boyle

Susan L. Robinson

Lynn Dodge

Richard Knoblock

Terrence T. Boyle

James F. Warchall

Philip M. Creaser

Angelique Arinder Shupe

Norris Ham

TIPS

LEGAL TERMS

COSIGNER

NONPROFIT CORPORATION

DISCHARGE (OF DEBTS)

CREDITOR

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

DISPOSABLE INCOME

FAIR LABOR STANDARDS ACT (FLSA)

CREDIT REPORT

DEFINED CONTRIBUTION PLAN

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