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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 Anthony Schipper

Employment, Labor Law, Administrative Law, Credit & Debt, Workers' Compensation

Status: In Good Standing

CONTACT

200 E Big Beaver Rd, Troy, MI 48083

Susanna Celeste Brennan

Civil Rights, Credit & Debt, Bankruptcy

Status: Inactive Licensed: 22 Years

CONTACT

1441 E Maple Rd, Troy, MI 48083

Anthony James Kochis

Contract, Banking & Finance, Credit & Debt, Bankruptcy

Status: In Good Standing

CONTACT

3150 Livernois Rd, Troy, MI 48083

Norman D. Orr

Real Estate, Aviation, Contract, Credit & Debt

Status: In Good Standing

CONTACT

201 W Big Beaver Rd, Troy, MI 48084

Michelle A. King

Litigation, Credit & Debt, Collection, Bankruptcy

Status: In Good Standing Licensed: 16 Years

CONTACT

26304 Grobbel Ave, Warren, MI 48091

Dawn M. Walton

Other, Criminal, Credit & Debt, Accident & Injury

Status: In Good Standing Licensed: 31 Years

CONTACT

8300 Hall Rd, Utica, MI 48317

Karen L. Lemke

Traffic, Medical Products & Devices, Family Law, Credit & Debt

Status: In Good Standing Licensed: 41 Years

CONTACT

Fraser, MI 48026

Betsy Anne Roehl

Landlord-Tenant, Credit & Debt, Divorce, Federal Appellate Practice

Status: In Good Standing Licensed: 14 Years

CONTACT

888 W Big Beaver Rd, Troy, MI 48084

Ian Redmond

Foreclosure, Litigation, Business, Credit & Debt

Status: In Good Standing Licensed: 17 Years

CONTACT

3155 W Big Beaver Rd, Troy, MI 48084

Steve Sowell

Landlord-Tenant, Employee Rights, Business, Credit & Debt

Status: In Good Standing Licensed: 39 Years

CONTACT

2 Crocker Blvd, Mount Clemens, MI 48043

800-923-0641

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LEGAL TERMS

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

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.

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.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

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.

CREDIT FILE

See credit report.

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.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

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Sterling Heights Credit & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

John Anthony Schipper

Susanna Celeste Brennan

Anthony James Kochis

Norman D. Orr

Michelle A. King

Dawn M. Walton

Karen L. Lemke

Betsy Anne Roehl

Ian Redmond

Steve Sowell

TIPS

LEGAL TERMS

TRADE NAME

PRIORITY DEBT

NONPROFIT CORPORATION

REAFFIRMATION

FAIR LABOR STANDARDS ACT (FLSA)

CREDIT FILE

NONDISCHARGEABLE DEBTS

CREDITOR

IRS EXPENSES

SAMPLE LEGAL CASES

New Freedom Mtg. Corp. v. Globe Mtg. Corp.

Barth v. FIRST CONSUMER CREDIT, INC.

CHARTER ONE BANK NA v. JP Morgan Chase Bank, NA

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