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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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Charlotte F. Shoup

Real Estate, Estate Planning, Elder Law, Consumer Bankruptcy

Status: In Good Standing Licensed: 31 Years

CONTACT

4750 W Taft Rd, Saint Johns, MI 48879

Vida Amanda Tessmer-Rothstein

Estate, Criminal, Civil & Human Rights, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 13 Years

CONTACT

107 N Clinton Ave, Saint Johns, MI 48879

Laura J. Lambert

Other, Trusts, Family Law, Bankruptcy

Status: In Good Standing Licensed: 12 Years

CONTACT

100 E State St, Saint Johns, MI 48879

Cori E. Barkman

Federal Appellate Practice, Collection, Federal, Family Law, Criminal

Status: In Good Standing Licensed: 21 Years

CONTACT

100 E State St, Saint Johns, MI 48879

Shannon L. W. Schlegel

Family Law, Children's Rights, Contract, Collection

Status: In Good Standing Licensed: 23 Years

CONTACT

100 E State St, Saint Johns, MI 48879

Jessica Louise Sanchez

Consumer Bankruptcy

Status: In Good Standing Licensed: 15 Years

CONTACT

900 S Bridge St, Dewitt, MI 48820

Jeffrey Rothstein

Bankruptcy, Criminal, Divorce & Family Law, Estate, Juvenile Law

Status: In Good Standing Licensed: 15 Years

FREE CONSULTATION

CONTACT

11373 S US Highway 27, Dewitt, MI 48820

Barbara R. Levine

Criminal, Collection, Animal Bite, Accident & Injury

Status: In Good Standing

CONTACT

9685 Looking Glass Brook Dr, Grand Ledge, MI 48837

Scott Haeck

Administrative Law, Government, Consumer Bankruptcy

Status: In Good Standing Licensed: 2 Years

CONTACT

1038 Pearl St, Lansing, MI 48906

Ronald W. Emery

Criminal, Collection, Government

Status: In Good Standing Licensed: 50 Years

CONTACT

15930 Turnberry St, Lansing, MI 48906

800-923-0641

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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.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

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.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

FDCPA

See Fair Debt Collections & Practices Act.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

FCRA

See Fair Credit Reporting Act.

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.

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Saint Johns Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Charlotte F. Shoup

Vida Amanda Tessmer-Rothstein

Laura J. Lambert

Cori E. Barkman

Shannon L. W. Schlegel

Jessica Louise Sanchez

Jeffrey Rothstein

Barbara R. Levine

Scott Haeck

Ronald W. Emery

TIPS

LEGAL TERMS

LIABILITY

ACCORD AND SATISFACTION

GARNISHMENT

CREDIT INSURANCE

FDCPA

CURRENT MONTHLY INCOME

SOLE PROPRIETORSHIP

FCRA

GENERAL PARTNER

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