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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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John S. Pallas

Criminal, Collection

Status: In Good Standing Licensed: 35 Years

CONTACT

525 W Ottawa Street, Lansing, MI 48909

Marla R. Mccowan

Criminal, Collection

Status: In Good Standing Licensed: 27 Years

CONTACT

611 W Ottawa 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

Norman C. Witte

Landlord-Tenant, Litigation, Business, Collection

Status: In Good Standing Licensed: 37 Years

CONTACT

119 E Kalamazoo St, Lansing, MI 48933

Jean E. Kordenbrock

Criminal, Collection, Administrative Law, Government

Status: In Good Standing Licensed: 27 Years

CONTACT

124 W Allegan St, Lansing, MI 48933

Martin F. Tieber

Collection, Federal Appellate Practice, Criminal

Status: In Good Standing Licensed: 49 Years

CONTACT

403 Seymour Ave, Lansing, MI 48933

Andrew J. Gerdes

Real Estate, Business, Credit & Debt, Collection

Status: In Good Standing Licensed: 32 Years

CONTACT

416 N Homer St, Lansing, MI 48912

Kyle Matthew Williams

Litigation, Elder Law, Administrative Law, Collection

Status: In Good Standing Licensed: 11 Years

CONTACT

4095 Legacy Pkwy, Lansing, MI 48911

Shelley J. White-Thomas

Landlord-Tenant, Estate Planning, Elder Law, Collection

Status: In Good Standing Licensed: 20 Years

CONTACT

6101 Anacapri Blvd, Lansing, MI 48909

Rhonda R. Kunkel

Landlord-Tenant, Estate Planning, Family Law, Collection

Status: In Good Standing Licensed: 22 Years

CONTACT

7521 Westshire Dr, Lansing, MI 48917

800-923-0641

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LEGAL TERMS

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.

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.

LOSS DAMAGE WAIVER (LDW)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it ofte... (more...)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it often duplicates coverage provided by the renter's regular car insurance and/or the credit card she uses to rent the car. Nevertheless, hard-sell practices by rental car agents often dupe people into buying LDWs they don't really need. LDW is also called 'collision damage waiver.'

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.

LIQUIDATING PARTNER

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

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.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

SECRET WARRANTY PROGRAM

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid... (more...)

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid a recall and the accompanying bad press. Secret warranties are rarely advertised by the manufacturer, so consumers must pursue the manufacturer to discover and take advantage of them. A few states require manufacturers to notify car buyers when they adopt secret warranty programs.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

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Lansing Collection Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

John S. Pallas

Marla R. Mccowan

Patricia Joan Scott

Norman C. Witte

Jean E. Kordenbrock

Martin F. Tieber

Andrew J. Gerdes

Kyle Matthew Williams

Shelley J. White-Thomas

Rhonda R. Kunkel

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LEGAL TERMS

SOLE PROPRIETORSHIP

NONPROFIT CORPORATION

LOSS DAMAGE WAIVER (LDW)

TRADE DRESS

LIQUIDATING PARTNER

FORBEARANCE

MEANS TEST

SECRET WARRANTY PROGRAM

CHAPTER 7 BANKRUPTCY

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