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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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Barbara R. Levine

Criminal, Collection, Animal Bite, Accident & Injury

Status:

CONTACT

9685 Looking Glass Brook Dr, Grand Ledge, MI 48837

Brent David Riley

Landlord-Tenant, Federal Appellate Practice, Contract, Collection

Status: Licensed: 11 Years

CONTACT

13851 S Hinman Rd, Eagle, MI 48822

Ronald W. Emery

Criminal, Collection, Government

Status: Licensed: 51 Years

CONTACT

15930 Turnberry St, Lansing, MI 48906

Richard B. Stapleton

Collection

Status: Licensed: 39 Years

CONTACT

16346 Wacousta Rd, Grand Ledge, MI 48837

Rhonda R. Kunkel

Landlord-Tenant, Estate Planning, Family Law, Collection

Status: Licensed: 23 Years

CONTACT

7521 Westshire Dr, Lansing, MI 48917

Martin F. Tieber

Collection, Federal Appellate Practice, Criminal

Status: Licensed: 50 Years

CONTACT

403 Seymour Ave, Lansing, MI 48933

John S. Pallas

Criminal, Collection

Status: Licensed: 36 Years

CONTACT

525 W Ottawa Street, Lansing, MI 48909

Marla R. Mccowan

Criminal, Collection

Status: Licensed: 28 Years

CONTACT

611 W Ottawa St, Lansing, MI 48933

Jean E. Kordenbrock

Criminal, Collection, Administrative Law, Government

Status: Licensed: 28 Years

CONTACT

124 W Allegan St, Lansing, MI 48933

Patricia Joan Scott

Foreclosure, Agriculture, Banking & Finance, Collection

Status: Licensed: 16 Years

CONTACT

313 S Washington Square, Lansing, MI 48933

800-814-6700

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LEGAL TERMS

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.

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

DEBIT CARD

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can ... (more...)

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can also be used at stores to pay for goods and services in place of a check. Unlike a credit card, a debit card automatically withdraws money from your checking account at the time of the transaction. Debit cards are regulated by the Electronic Funds Transfer Act.

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.'

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

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.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

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Maple Rapids Collection Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Barbara R. Levine

Brent David Riley

Ronald W. Emery

Richard B. Stapleton

Rhonda R. Kunkel

Martin F. Tieber

John S. Pallas

Marla R. Mccowan

Jean E. Kordenbrock

Patricia Joan Scott

TIPS

LEGAL TERMS

FAIR LABOR STANDARDS ACT (FLSA)

S CORPORATION

GRACE PERIOD

DEBIT CARD

LOSS DAMAGE WAIVER (LDW)

NONDISCHARGEABLE DEBTS

CHAPTER 13 PLAN

ABUSE

IRS EXPENSES

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