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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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Carrie Maureen Dunn

General Practice

Status: In Good Standing Licensed: 22 Years

CONTACT

29100 Northwestern Hwy, Southfield, MI 48034

Cary S. Mcgehee

Class Action, Civil Rights, Contract, Collection

Status: In Good Standing Licensed: 36 Years

CONTACT

117 W 4Th St, Royal Oak, MI 48067

Catherine Helen Szymanski

Commercial Real Estate, Contract, Business, Collection

Status: In Good Standing Licensed: 24 Years

CONTACT

5151 Corporate Dr, Troy, MI 48098

Chadd A. O'Brien

Construction, Intellectual Property, Contract, Collection

Status: In Good Standing Licensed: 15 Years

CONTACT

2305 S Center Rd, Flint, MI 48519

Charles R. Harroun

Landlord-Tenant, Trusts, Contract, Collection

Status: In Good Standing Licensed: 44 Years

CONTACT

10 W Square Lake Rd, Bloomfield Hills, MI 48302

Charles E. Gallagher

Foreclosure, Contract, Collection

Status: In Good Standing Licensed: 48 Years

CONTACT

10440 Morning Light Ct, South Lyon, MI 48178

Charles H. Novelli

Social Security, Children's Rights, Limited Liability Companies, Collection

Status: In Good Standing Licensed: 59 Years

CONTACT

27346 Newport Dr, Warren, MI 48088

Chloe W. Hickson

Social Security, Labor Law, Elder Law, Collection

Status: In Good Standing Licensed: 9 Years

CONTACT

693 Rolling Rock Rd, Bloomfield Hills, MI 48304

Christene M. Richter

Landlord-Tenant, Real Estate, Lawsuit & Dispute, Collection

Status: In Good Standing Licensed: 21 Years

CONTACT

Wixom, MI 48393

Christina K. L. Walsh

Workers' Compensation, Contract, Collection, Wrongful Death

Status: In Good Standing Licensed: 18 Years

CONTACT

111 S Michigan Ave, Saginaw, MI 48602

800-923-0641

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LEGAL TERMS

FDCPA

See Fair Debt Collections & Practices Act.

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.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

DISCHARGE (OF DEBTS)

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

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.

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

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.

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Lapeer Collection Lawyer, Michigan, page 5

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Carrie Maureen Dunn

Cary S. Mcgehee

Catherine Helen Szymanski

Chadd A. O'Brien

Charles R. Harroun

Charles E. Gallagher

Charles H. Novelli

Chloe W. Hickson

Christene M. Richter

Christina K. L. Walsh

TIPS

LEGAL TERMS

FDCPA

PREFERENCE

WORKOUT

GARNISHMENT

DISCHARGE (OF DEBTS)

NONPROFIT CORPORATION

LIABILITY

HOUSEHOLDER

MEANS TEST

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