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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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Thomas R. Neff

Litigation, Lawsuit & Dispute, Consumer Rights, Consumer Bankruptcy

Status: In Good Standing Licensed: 53 Years

CONTACT

371 N Main St, Milford, MI 48381

Scott W. Powers

Real Estate, Family Law, Business, Consumer Bankruptcy

Status: In Good Standing Licensed: 24 Years

CONTACT

2254 E Highland Rd, Highland, MI 48356

Jonnie Lynn Powers

Estate Planning, Estate, Consumer Rights, Consumer Bankruptcy

Status: In Good Standing Licensed: 10 Years

CONTACT

302 W Main St, Northville, MI 48167

Alan M. Vosko

Mediation, Contract, Collection, Personal Injury

Status: In Good Standing Licensed: 52 Years

CONTACT

35300 Spring Hill Rd, Farmington, MI 48331

Thomas John Schank

Corporate, Business, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 48 Years

CONTACT

15811 Centennial Dr, Northville, MI 48168

Edward F. Pletzke

Other, Gift Taxation, Administrative Law, Consumer Bankruptcy

Status: In Good Standing Licensed: 33 Years

CONTACT

47325 Red Oak Dr, Northville, MI 48168

Peter Alan Behrmann

Credit & Debt, Commercial Bankruptcy, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

37699 6 Mile Rd, Livonia, MI 48152

Martin Cadwell

Elder Law, Civil & Human Rights, Consumer Bankruptcy

Status: In Good Standing Licensed: 35 Years

CONTACT

4040 Green Lake Rd, West Bloomfield, MI 48324

Richard W. Paige

Health Care Other, Criminal, Business, Collection

Status: In Good Standing Licensed: 33 Years

CONTACT

1255 N Oakland Blvd, Waterford, MI 48327

Jacob Daniel High

Landlord-Tenant, Traffic, Civil Rights, Credit & Debt

Status: In Good Standing Licensed: 12 Years

CONTACT

6440 Lake Meadow Dr, Waterford, MI 48327

800-923-0641

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LEGAL TERMS

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal 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.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

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.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

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.

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.

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Wixom Bankruptcy & Debt Lawyer, Michigan, page 3

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Thomas R. Neff

Scott W. Powers

Jonnie Lynn Powers

Alan M. Vosko

Thomas John Schank

Edward F. Pletzke

Peter Alan Behrmann

Martin Cadwell

Richard W. Paige

Jacob Daniel High

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LEGAL TERMS

WINDING UP

CREDIT BUREAU

BULK SALES LAW

C CORPORATION

COLLECTION AGENCY

FAIR LABOR STANDARDS ACT (FLSA)

REDEMPTION

DOING BUSINESS AS (DBA)

NUISANCE FEES

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