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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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Jean E. Kordenbrock

Criminal, Collection, Administrative Law, Government

Status: In Good Standing Licensed: 28 Years

CONTACT

124 W Allegan St, Lansing, MI 48933

Patricia Joan Scott

Foreclosure, Agriculture, Banking & Finance, Collection

Status: In Good Standing Licensed: 15 Years

CONTACT

313 S Washington Square, Lansing, MI 48933

Ekugbere Joseph Ejoh

Litigation, International Other, Immigration, Bankruptcy

Status: Suspended Licensed: 12 Years

CONTACT

3300 Lawdor Rd, Lansing, MI 48911

Norman C. Witte

Landlord-Tenant, Litigation, Business, Collection

Status: In Good Standing Licensed: 37 Years

CONTACT

119 E Kalamazoo St, Lansing, MI 48933

James B. Croom

Real Estate, Banking & Finance, Business, Bankruptcy

Status: In Good Standing Licensed: 44 Years

CONTACT

615 Southlawn Ave, East Lansing, MI 48823

Denise M. Cole

Divorce, Family Law, Collection, Adoption, Guardianships & Conservatorships

Status: In Good Standing Licensed: 21 Years

CONTACT

Lansing, MI 48908

Kevin V. B Schumacher

Bankruptcy & Debt, Business, Commercial Insurance, Estate

Status: In Good Standing Licensed: 38 Years

CONTACT

533 S Grand Ave, Lansing, MI 48933

Conrad H. Vincent

Trusts, Family Law, DUI-DWI, Bankruptcy

Status: In Good Standing

CONTACT

420 S Waverly Rd, Lansing, MI 48917

John Thomas Macdonald

Landlord-Tenant, Wills & Probate, DUI-DWI, Bankruptcy

Status: In Good Standing

CONTACT

Lansing, MI 48901

Carolyn N. Koenig

Landlord-Tenant, Criminal, Discrimination, Administrative Law, Collection

Status: In Good Standing Licensed: 29 Years

CONTACT

313 W Kalamazoo St, Lansing, MI 48933

800-923-0641

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LEGAL TERMS

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.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

FCBA

See Fair Credit Billing Act.

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.

NONPROFIT CORPORATION

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or f... (more...)

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or for some public purpose (such as a hospital, environmental organization or literary society). Nonprofit corporations, despite the name, can make a profit, but the business cannot be designed primarily for profit-making purposes, and the profits must be used for the benefit of the organization or purpose the corporation was created to help. When a nonprofit corporation dissolves, any remaining assets must be distributed to another nonprofit, not to board members. As with for-profit corporations, directors of nonprofit corporations are normally shielded from personal liability for the organization's debts. Some nonprofit corporations qualify for a federal tax exemption under _ 501(c)(3) of the Internal Revenue Code, with the result that contributions to the nonprofit are tax deductible by their donors.

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

COLLATERAL

Property that guarantees payment of a secured debt.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

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Eureka Bankruptcy & Debt Lawyer, Michigan, page 4

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Jean E. Kordenbrock

Patricia Joan Scott

Ekugbere Joseph Ejoh

Norman C. Witte

James B. Croom

Denise M. Cole

Kevin V. B Schumacher

Conrad H. Vincent

John Thomas Macdonald

Carolyn N. Koenig

TIPS

LEGAL TERMS

FAIR LABOR STANDARDS ACT (FLSA)

SETOFF

FCBA

UNSECURED DEBT

NONPROFIT CORPORATION

FORBEARANCE

LIMITED LIABILITY

COLLATERAL

NONDISCHARGEABLE DEBTS

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