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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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Aaron J. Scheinfield

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Bankruptcy & Debt, Landlord-Tenant, Collection, Litigation, Construction

Aaron J. Scheinfield, born Farmington Hills, Michigan, December 1977, was admitted to the Bar in 2004. Education: University of Michigan (B.A. 2000); ... (more)

FREE CONSULTATION

CONTACT

248-355-5300

4000 Town Ctr, Southfield, MI 48075

Derek J. Brackon

Business Organization, Family Law, Collection, Wills & Probate

Status: In Good Standing

CONTACT

12900 Hall Road, Sterling Heights, MI 48313

Lyndsay S. Ott

Collection, Banking & Finance, Corporate, Real Estate

Status: In Good Standing

CONTACT

12900 Hall Road, Sterling Heights, MI 48313

Raymond J. Sterling

Class Action, Whistleblower, Civil Rights, Collection

Status: In Good Standing

CONTACT

33 Bloomfield Hills Parkway, Bloomfield Hills, MI 48304

Sheryl A. Shoebottom

Bankruptcy, Collection, Credit & Debt, Tax

Status: In Good Standing

FREE CONSULTATION

CONTACT

30161 Southfield Road, Southfield, MI 48076

Terri P. Gruca

Contract, Collection, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 26 Years

CONTACT

Rochester, MI 48308

Tricia N. Mckinnon

Litigation, Collection, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 25 Years

CONTACT

Rochester, MI 48308

Caralyce M. Lassner

Landlord-Tenant, Federal Appellate Practice, Family Law, Collection, Bankruptcy & Debt

Status: In Good Standing Licensed: 24 Years

CONTACT

Rochester, MI 48308

Carly A. Van Thomme

Employee Rights, Contract, Collection, Medical Malpractice

Status: In Good Standing Licensed: 26 Years

CONTACT

612 W University Dr, Rochester, MI 48307

Daniel Boroja

Social Security, Family Law, Contract, Collection, Traffic

Status: In Good Standing

CONTACT

49139 Schoenherr Rd, Utica, MI 48315

800-923-0641

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LEGAL TERMS

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.

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.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

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.

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.

FDCPA

See Fair Debt Collections & Practices Act.

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.

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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Washington Collection Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Aaron J. Scheinfield

Derek J. Brackon

Lyndsay S. Ott

Raymond J. Sterling

Sheryl A. Shoebottom

Terri P. Gruca

Tricia N. Mckinnon

Caralyce M. Lassner

Carly A. Van Thomme

Daniel Boroja

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LEGAL TERMS

PRESUMED ABUSE

CURRENT MONTHLY INCOME

DISCHARGE (OF DEBTS)

UNSECURED DEBT

SOLE PROPRIETORSHIP

TRADE DRESS

FDCPA

GARNISHMENT

GENERAL PARTNER

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