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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.
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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Wallace Kent Clarke

Bankruptcy

Status: Inactive Licensed: 49 Years

CONTACT

675 E Maple Rd, Troy, MI 48083

John Paul Hamameh

Other, Real Estate, Estate, Consumer Bankruptcy

Status: In Good Standing Licensed: 12 Years

CONTACT

35057 Lana Ln, Sterling Heights, MI 48312

Jeremy Figg Fisher

Estate Planning, Estate, Criminal, Bankruptcy

Status: In Good Standing Licensed: 18 Years

CONTACT

1 S Main St, Mount Clemens, MI 48043

Carrie D. Taylor

Consumer Rights, Consumer Bankruptcy

Status: In Good Standing Licensed: 20 Years

CONTACT

Warren, MI 48090

Christopher Eugene Frank

Credit & Debt, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 21 Years

CONTACT

Royal Oak, MI 48068

Christopher E. Frank

Credit & Debt, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 21 Years

CONTACT

Royal Oak, MI 48068

Robert P. Dewitt

Landlord-Tenant, Trusts, Divorce, Bankruptcy

Status: In Good Standing Licensed: 40 Years

CONTACT

3250 W Big Beaver Rd, Troy, MI 48084

Richard G. Roosen

Consumer Rights, Consumer Bankruptcy

Status: In Good Standing Licensed: 41 Years

CONTACT

Mount Clemens, MI 48046

Michael J. Smith

Litigation, Lawsuit & Dispute, Criminal, Bankruptcy

Status: In Good Standing Licensed: 40 Years

CONTACT

70 Macomb Pl, Mount Clemens, MI 48043

David L. Mazur

Estate Planning, Elder Law, Business, Consumer Bankruptcy

Status: In Good Standing Licensed: 36 Years

CONTACT

1 S Main St, Mount Clemens, MI 48043

800-923-0641

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LEGAL TERMS

TRADE NAME

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

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

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.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

LIQUIDATING PARTNER

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

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

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.

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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Sterling Heights Bankruptcy Lawyer, Michigan, page 5

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Wallace Kent Clarke

John Paul Hamameh

Jeremy Figg Fisher

Carrie D. Taylor

Christopher Eugene Frank

Christopher E. Frank

Robert P. Dewitt

Richard G. Roosen

Michael J. Smith

David L. Mazur

TIPS

LEGAL TERMS

TRADE NAME

TRADE DRESS

FRAUDULENT TRANSFER

TOXIC TORT

LIQUIDATING PARTNER

SUBROGATION

FAIR CREDIT REPORTING ACT (FCRA)

ABUSE

PREFERENCE

SAMPLE LEGAL CASES

RDM Holdings, Ltd. v. Continental Plastics Co.

Gulf Underwriters Ins. Co. v. McCLAIN INDUSTRIES, INC.

MICHIGAN COMMERCE BANK v. PALMS INVESTMENTS, LLC

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