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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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Donald J. Baranski

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Divorce & Family Law, Estate, Employment, Criminal, Consumer Bankruptcy

Thirty years in general practice

Donald J. Baranski received his Bachelor of Arts in Humanities Pre Law, from Michigan State University. This was a triple major of American History, P... (more)

FREE CONSULTATION

CONTACT

800-970-5860

4125 Okemos Road, Okemos, MI 48864

Patricia A. Johnson

Landlord-Tenant, Estate, Divorce & Family Law, Bankruptcy & Debt

Status: In Good Standing Licensed: 33 Years

CONTACT

Haslett, MI 48840

Cornell D. Pettiford

Other, Government, Bankruptcy

Status: In Good Standing Licensed: 20 Years

CONTACT

263 E Sherwood Rd, Williamston, MI 48895

Heather S. Frick

Real Estate, Gift Taxation, Bankruptcy & Debt, Tax

Status: In Good Standing Licensed: 20 Years

CONTACT

6566 Coleman Rd, East Lansing, MI 48823

Robert Bruce Berner

Real Estate, International Other, Corporate, Bankruptcy

Status: In Good Standing Licensed: 53 Years

CONTACT

5525 Star Flower Dr, Haslett, MI 48840

Michael Murray

Criminal, Native People, Civil & Human Rights, Collection

Status: In Good Standing Licensed: 49 Years

CONTACT

1100 W Grand River Ave, Okemos, MI 48864

Stephen H. Zimmerman

International, Government, Consumer Bankruptcy

Status: In Good Standing Licensed: 52 Years

CONTACT

200 Albert Ave, East Lansing, MI 48823

Jonathan Curtis Mizer

Federal Appellate Practice, Estate Planning, Business, Collection

Status: In Good Standing Licensed: 19 Years

CONTACT

East Lansing, MI 48826

Kally Lynn Goodwin-Ratzloff

Health Care Other, Estate, Administrative Law, Consumer Bankruptcy

Status: In Good Standing

CONTACT

East Lansing, MI 48826

Stephen Howard Zimmerman

International, Government, Consumer Bankruptcy

Status: In Good Standing Licensed: 52 Years

CONTACT

200 Albert Ave, East Lansing, MI 48823

800-923-0641

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LEGAL TERMS

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

TRADE NAME

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

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

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.'

NO-FAULT INSURANCE

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain ... (more...)

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain amount, regardless of who was at fault. The effect of no-fault insurance laws is to eliminate lawsuits in small accidents. The advantage is the prompt payment of medical bills and expenses. The downsides are that the amounts paid by no-fault policies are often not enough to fully cover a person's losses and that no-fault does not compensate for pain and suffering.

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.

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

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.

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Shaftsburg Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Donald J. Baranski

Patricia A. Johnson

Cornell D. Pettiford

Heather S. Frick

Robert Bruce Berner

Michael Murray

Stephen H. Zimmerman

Jonathan Curtis Mizer

Kally Lynn Goodwin-Ratzloff

Stephen Howard Zimmerman

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LEGAL TERMS

FRAUDULENT TRANSFER

LIQUIDATING PARTNER

TRADE NAME

PRESUMED ABUSE

LOSS DAMAGE WAIVER (LDW)

NO-FAULT INSURANCE

LIABILITY

DOING BUSINESS AS (DBA)

PREFERENCE

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