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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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Danyale Marquia Phillips

Health Care Other, Federal Appellate Practice, Reinsurance, Collection

Status: Licensed: 10 Years

CONTACT

111 Lyon St NW, Grand Rapids, MI 49503

Thomas J. Dempsey

Collection, Limited Liability Companies

Status: Licensed: 32 Years

CONTACT

300 Monroe Ave NW, Grand Rapids, MI 49503

Kevin R. Floyd

Premises Liability, Civil Rights, Collection, Personal Injury

Status: Licensed: 35 Years

CONTACT

2500 E Beltline Ave Se, Grand Rapids, MI 49546

John A. Vos

Landlord-Tenant, Federal Appellate Practice, Administrative Law, Collection

Status: Licensed: 40 Years

CONTACT

234 Division Ave N, Grand Rapids, MI 49503

Bradford W. Springer

Litigation, Lawsuit & Dispute, Employee Rights, Criminal, Collection

Status: Licensed: 21 Years

CONTACT

100 N 3Rd St, Grand Haven, MI 49417

Larry A. Ver Merris

International Tax, Trusts, Contract, Collection, Land Use & Zoning

Status: Licensed: 47 Years

CONTACT

825 Parchment Dr Se, Grand Rapids, MI 49546

Brian Lee Spitler

Family Law, Elder Law, Administrative Law, Collection

Status: Licensed: 11 Years

CONTACT

1155 Stokes St Ne, Grand Rapids, MI 49505

Joseph M. Celello

Construction, Trademark, Contract, Collection

Status: Licensed: 13 Years

CONTACT

2801 E Beltline Ave Ne, Grand Rapids, MI 49525

Brian L. Donovan

Bankruptcy, Estate, Real Estate, Collection

Status: Licensed: 46 Years

CONTACT

5181 Plainfield Ave Ne, Grand Rapids, MI 49525

Andrew Lawrence Kortesoja

Landlord-Tenant, International Tax, Merger & Acquisition, Collection

Status: Licensed: 12 Years

CONTACT

5366 Plainfield Ave Ne, Grand Rapids, MI 49525

800-814-6700

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LEGAL TERMS

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.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

FAIR CREDIT BILLING ACT (FCBA)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days af... (more...)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days after it mailed the bill to you. The company must then correct the mistake, or at least acknowledge receipt of your letter within 30 days, and must correct the error within 90 days or explain why it believes the credit card statement is correct.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

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.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

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.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

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Pullman Collection Lawyer, Michigan, page 3

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Danyale Marquia Phillips

Thomas J. Dempsey

Kevin R. Floyd

John A. Vos

Bradford W. Springer

Larry A. Ver Merris

Brian Lee Spitler

Joseph M. Celello

Brian L. Donovan

Andrew Lawrence Kortesoja

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LEGAL TERMS

LIABILITY

TRADE NAME

FAIR CREDIT BILLING ACT (FCBA)

LIEN

NONPROFIT CORPORATION

NONEXEMPT PROPERTY

GUARANTOR

GARNISHMENT

GUARANTEED RESERVATION

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