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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.
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Bernard J. Caspar

Criminal, Bankruptcy, Divorce, Social Security -- Disability

Status: Inactive Licensed: 47 Years

CONTACT

1852 S Otsego Ave, Gaylord, MI 49734

Carl C. Silver

Real Estate, Lawsuit & Dispute, Estate, Family Law, Bankruptcy

Status: In Good Standing Licensed: 48 Years

CONTACT

230 S Third Ave, Alpena, MI 49707

Cristie A. Vanmassenhove

Estate, Divorce & Family Law, Business, Consumer Bankruptcy

Status: In Good Standing Licensed: 16 Years

CONTACT

421 S Ripley Blvd, Alpena, MI 49707

David S. Elder

Bankruptcy & Debt

Status: In Good Standing Licensed: 33 Years

CONTACT

112 1/2 W Chisholm St, Alpena, MI 49707

Donald J. Mclennan

Government, Environmental Law, Criminal, Consumer Bankruptcy

Status: In Good Standing Licensed: 47 Years

CONTACT

377 E Woodward Ave, Rogers City, MI 49779

George J. Mertz

Criminal, Collection, Litigation

Status: In Good Standing Licensed: 23 Years

CONTACT

225 W Main St, Gaylord, MI 49735

Jennifer Eunyoung Sheldon

Wills & Probate, Child Custody, Criminal, Bankruptcy

Status: In Good Standing Licensed: 22 Years

CONTACT

1349 S Otsego Ave, Gaylord, MI 49735

Jennifer S. Bidwell

Bankruptcy & Debt

Status: In Good Standing Licensed: 48 Years

CONTACT

18452 Warren Creek Hwy, Presque Isle, MI 49777

Kathleen E. Krumm

Real Estate, Family Law, Consumer Rights, Consumer Bankruptcy

Status: In Good Standing Licensed: 26 Years

CONTACT

11348 White Birch Dr, Pellston, MI 49769

Kevin William Donovan

Tax, International Tax, Corporate, Commercial Bankruptcy

Status: In Good Standing

CONTACT

132 N State St, Saint Ignace, MI 49781

800-923-0641

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LEGAL TERMS

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

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.

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.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

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.

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.

COLLATERAL

Property that guarantees payment of a secured debt.

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.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

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Millersburg Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Bernard J. Caspar

Carl C. Silver

Cristie A. Vanmassenhove

David S. Elder

Donald J. Mclennan

George J. Mertz

Jennifer Eunyoung Sheldon

Jennifer S. Bidwell

Kathleen E. Krumm

Kevin William Donovan

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LEGAL TERMS

ABUSE

BULK SALES LAW

SECRET WARRANTY PROGRAM

PREFERENCE

TRADE DRESS

SETOFF

COLLATERAL

WINDING UP

GUARANTOR

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