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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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Alan L. Canady

Election & Political, Government, Religious Discrimination, Reorganization

Status: In Good Standing Licensed: 42 Years

CONTACT

East Lansing, MI 48826

Aaron J. Kenyon

Intellectual Property, Business, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 20 Years

CONTACT

1427 W Saginaw St, East Lansing, MI 48823

Tracy A. Sonneborn

Non-profit, Administrative Law, Consumer Bankruptcy, Animal Bite

Status: In Good Standing Licensed: 36 Years

CONTACT

East Lansing, MI 48826

Dennis W. Fliehman

Estate Planning, Estate, Reorganization, Workers' Compensation

Status: In Good Standing Licensed: 46 Years

CONTACT

1140 Blanchette Dr, East Lansing, MI 48823

Ronald D. Kregel

Real Estate, Collection

Status: In Good Standing Licensed: 52 Years

CONTACT

5249 E Hidden Lake Dr, East Lansing, MI 48823

Richard S. Hagerstrom

Bankruptcy & Debt, Criminal, Divorce & Family Law, Immigration, DUI-DWI

Status: In Good Standing Licensed: 27 Years

CONTACT

1410 Fairoaks Ct, East Lansing, MI 48823

James B. Croom

Real Estate, Banking & Finance, Business, Bankruptcy

Status: In Good Standing Licensed: 44 Years

CONTACT

615 Southlawn Ave, East Lansing, MI 48823

George M. Brookover

Industry Specialties, Civil & Human Rights, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 49 Years

CONTACT

1005 Abbot Rd, East Lansing, MI 48823

Michael J. Panek

Real Estate, Industry Specialties, Estate, Bankruptcy & Debt

Status: In Good Standing Licensed: 51 Years

CONTACT

1959 Wembley Way, East Lansing, MI 48823

Ted W. Stroud

Litigation, Contract, Collection, Medical Malpractice

Status: In Good Standing

CONTACT

200 Woodland Pass, East Lansing, MI 48823

800-923-0641

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LEGAL TERMS

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.

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

FCRA

See Fair Credit Reporting Act.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

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.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

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Westphalia Bankruptcy & Debt Lawyer, Michigan, page 3

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Alan L. Canady

Aaron J. Kenyon

Tracy A. Sonneborn

Dennis W. Fliehman

Ronald D. Kregel

Richard S. Hagerstrom

James B. Croom

George M. Brookover

Michael J. Panek

Ted W. Stroud

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LEGAL TERMS

UNSECURED DEBT

PRIORITY DEBT

ADMINISTRATIVE EXPENSES

NUISANCE FEES

FAIR LABOR STANDARDS ACT (FLSA)

FCRA

BULK SALES LAW

TRADE DRESS

SECURED DEBT

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